The Karnataka Bank Limited has informed the Exchange about the allotment of equity shares pursuant to exercise of vested stock options under the KBL Employees Stock Option Scheme 2018 (ESOS 2018)
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Karnataka Bank has allotted 11,294 equity shares of face value Rs. 10 each on August 7, 2025 to employees who exercised their vested stock options under the KBL Employees Stock Option Scheme 2018 (ESOS 2018). The allotment was approved by the Managing Director & CEO and is being disclosed to the exchanges under SEBI LODR regulations. The shares were issued to grantees as part of routine employee compensation, representing a very small issuance relative to the bank's total share base. This is a standard regulatory disclosure with no extraordinary features.
Very minor dilution for existing shareholders; routine ESOP exercise with negligible effect on stock price or company fundamentals.