Karnataka Bank Allots 40,389 Shares Under ESOP 2018

Karnataka Bank Ltd announced the allotment of 40,389 equity shares of face value Rs. 10 each on August 28, 2026. This allotment is pursuant to the exercise of vested stock options by employees under the KBL Employees Stock Option Scheme 2018 (ESOS 2018). The decision was approved by the Managing Director & CEO, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This action reflects the company's ongoing employee incentive programs and potential dilution of existing shares.