ESOP15 Oct 2026, 06:00 pm
Karur Vysya Bank Allots 14,442 Shares Under ESOP
AI Summary
Karur Vysya Bank Ltd announced the outcome of its Board Meeting held on October 15, 2026. The Board approved the allotment of 14,442 equity shares of face value ₹2 each to Senior Management Personnel under the KVB ESOS 2018 Scheme. This allotment is part of the non-cash component of variable pay for the performance period FY 2022-23.
Key Highlights
- Board approved allotment of 14,442 equity shares.
- Shares allotted to Senior Management Personnel.
- Allotment is under the KVB ESOS 2018 Scheme.
- Part of variable pay for FY 2022-23 performance.
- Board meeting held on October 15, 2026.
Price Impact
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