City Union Bank has informed that the compensation committee of the board at its meeting held on March 21, 2012 allotted 8,51,254 equity shares under series I and 6000 equity shares under series II of Re. 1 each pursuant to exercise of options by the eligible employees under city union bank employees stock option scheme 2008 CUB ESOS 2008.
The above information is part of company’s filing submitted to the BSE.