City Union Bank has informed that the Board of Directors of the Bank at its meeting held on January 24, 2015, considered and approved inter-alia, grant of 96,17,000 (Ninety six lakh and seventeen thousand only) stock options in aggregate under CUB ESOS -2008 - Series V, to the employees of the Bank in accordance with the provisions of the Securities and Exchange Board of India (Employees Stock Option Scheme and Employee Stock Purchase Scheme), Guidelines, 1999.
The above information is a part of company’s filings submitted to BSE.
