Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Regulations’), CSB Bank has informed that the Nomination and Remuneration Committee of the Board of Directors of the Bank in its meeting held on July 20, 2023, has approved grant of 5,65,168 stock options (‘Options’) to the eligible employees of the Bank under CSB Employee Stock Option Scheme 2019, exercisable into not more than 5,65,168 equity shares of face value of Rs 10 each fully paid-up of the Bank, at an exercise price of Rs 289.30 per equity share. The disclosures required as per the SEBI Regulations, read with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, and SEBI Circular No. CIR/CFD/CMD/4/2015 dated 09-09-2015, are enclosed. The meeting of the Nomination and Remuneration Committee of the Board of Directors of the Bank commenced at 9.00 am and concluded at 10.15 am.
| Company Name | CMP |
|---|---|
| HDFC Bank | 799.90 |
| ICICI Bank | 1347.50 |
| Axis Bank | 1359.15 |
| Kotak Mahindra Bank | 383.50 |
| Indusind Bank | 853.15 |
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