Board approves ESOS 2026 with up to 20 lakh stock options for employees
CSBBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
CSB Bank's board on June 25, 2026 approved the Employee Stock Option Scheme 2026 (ESOS 2026), on the recommendation of the Nomination and Remuneration Committee. The scheme allows up to 20 lakh stock options to be granted to eligible employees in one or more tranches. Exercise price will be set by the NRC and cannot be below face value. Vesting has a statutory minimum of 1 year and follows a staggered schedule over 3 to 10 years, with an exercise window of up to 10 years. The scheme complies with SEBI SBEB Regulations 2021 and is subject to shareholder approval.
Mild dilution risk if all 20 lakh options are exercised. ESOS ties employee pay to stock performance, aligning interests with shareholders. Awaiting member approval.