Capital Small Finance Bank Limited has informed the Exchange regarding Allotment of 12,814 Shares under CSFB Plan for Material Risk Takers.
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Capital Small Finance Bank has allotted 12,814 equity shares to Mr. Munish Jain, Executive Director, under the bank's ESOP plan for Material Risk Takers (MRT). The shares have a face value of Rs. 10 each, totaling Rs. 1.28 lakhs. The allotment was approved in a Securities Committee meeting on May 13, 2025. Following this, the bank's paid-up equity share capital stands at Rs. 45.43 crore comprising 4.54 crore shares. MRT plans are typically used by banks to align senior executives' compensation with long-term performance as per regulatory guidelines.
This is a routine ESOP allotment and has minimal direct impact on the stock. It represents a standard compensation mechanism for senior management and may slightly dilute existing shareholders by 0.03%.