The Karnataka Bank Limited has informed the Exchange about 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 5,604 equity shares of face value Rs. 10 each on January 3, 2026, 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. This is a routine disclosure made under SEBI Listing Regulations. The number of shares allotted is very small relative to the bank's overall share capital, so there is no material dilution impact.
This is a routine, small-scale ESOP allotment with negligible dilution effect. No material impact expected on share price or shareholder value.