Announced Wed, 22 Jul · 09:04 IST
CSB Bank grants 61,565 stock options to employee under ESOP 2019
Business Updates View source PDF
CSBBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-8.8%1-day move
₹371.10
prior close
₹370.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-1.0-1.0-1.0-8.8-8.4-9.2———————
Up moveDown movePending
AI summary
CSB Bank's Nomination and Remuneration Committee approved grant of 61,565 stock options to an eligible employee under ESOP 2019 at Rs 370 per share exercise price, based on NSE closing price on July 21, 2026. Vesting happens over 4 years from July 22, 2027 to July 22, 2030 in equal yearly tranches. Each option converts to one equity share of Rs 10 face value.
Likely market impact
Routine ESOP grant to retain employee. Minor equity dilution of 61,565 shares; vesting spread over 4 years to align long-term interests.