CSB Bank has informed that Nomination & Remuneration Committee (Committee) of the Board of Directors of the Bank in its meeting held on October 24, 2024, has approved grant of 1,43,435 stock options (Options) to Pralay Mondal, Managing Director & CEO of the Bank under the Scheme, exercisable into not more than 1,43,435 equity shares of face value of Rs 10 each fully paid-up of the Bank, at an exercise price of Rs 303.15 (Rupees Three hundred and three and Paise fifteen only) 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. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023, are enclosed.
The above information is a part of company’s filings submitted to BSE.
