Karnataka Bank has announced the allotment of 40,389 equity shares of face value ₹10 each. This allotment is pursuant to the exercise of vested stock options under the KBL Employees Stock Option Scheme 2018 (ESOS 2018). The decision was approved by the Managing Director & CEO and executed on August 28, 2026.
Equity Share Allotment Under ESOS 2018
Karnataka Bank has officially completed the allotment of 40,389 equity shares. Each share has a face value of ₹10. This issuance is a direct result of employees exercising their vested stock options under the company’s KBL Employees Stock Option Scheme 2018 (ESOS 2018).
Approval and Date of Allotment
The allotment was approved by the Managing Director & CEO of Karnataka Bank. The transaction took place on August 28, 2026, as per the details provided in the announcement.
Source: BSE
