CSB Bank has informed that pursuant to the provisions of the CSB Employee Stock Option Scheme 2019 and the applicable provisions of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, the option grantee has exercised 42,750 options at an exercise price of Rs 10 each, equivalent to 42,750 Equity shares of face value of Rs 10 each, (‘Equity shares’) of the Bank. Pursuant to the exercise, the ‘CSB ESOS Trust’ will transfer 42,750 equity shares of the Bank in aggregate, to the concerned option grantee in due course. This intimation is also made available on the website of the Bank at www.csb.co.in.
The above information is a part of company’s filings submitted to BSE.
