In accordance with Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Karnataka Bank has informed that the Bank has allotted 14,825 Equity Shares of face value of Rs 10 each to the employees/grantees who had exercised the vested options granted under the KBL Employees Stock Option Scheme 2018, as approved by the Managing Director and CEO.
The above information is a part of company’s filings submitted to BSE.