Karur Vysya Bank Grants ESOPs to MD & CEO, ED

Karur Vysya Bank Ltd has informed BSE about the grant of stock options under the KVB ESOS 2018 Scheme to its Managing Director & CEO, Shri B Ramesh Babu, and Executive Director, Shri B Sankar. The Nomination and Remuneration Committee approved grants of 46,018 options to Shri B Ramesh Babu and 14,122 options to Shri B Sankar. These options were granted at a price of ₹346.60 per option, representing the closing price on September 2, 2026. The grants are part of the non-cash variable pay for FY 2025-26, approved by the Reserve Bank of India, and are in compliance with SEBI regulations. Each option entitles the holder to one equity share. The options vest in tranches over three years.