Karur Vysya Bank Limited has informed the Exchange regarding Allotment of 117344 Shares.
KARURVYSYA · price
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Karur Vysya Bank has allotted 117,344 equity shares of face value ₹2 each, following a board meeting held on June 26, 2025. Of these, 34,466 shares were issued to employees who exercised stock options under the KVB ESOS 2011 and ESOS 2018 schemes. The remaining 82,878 shares were allotted to Senior Management Personnel under the KVB ESOS 2018 scheme as part of their non-cash variable pay for FY 2021-22 and FY 2022-23. The total allotment represents a minor issuance relative to the bank's overall share base.
This is a routine ESOP allotment with negligible dilution for existing shareholders given the very small number of shares involved. No meaningful impact on stock price is expected.