Announced Mon, 20 Jul · 18:48 IST
KVB allots ESOS shares to MD and CEO and senior management
Capital Market Events View source PDF
KARURVYSYA · price
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Price reaction · full curve 14 horizons · vs prior close
+11.8%1-day move
₹302.50
prior close
₹310.05
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+4.6+5.6+6.0+4.5+11.8+11.7+12.0+12.2——————
Up moveDown movePending
AI summary
Board approved allotment of 44,660 equity shares of face value Rs 2 each under KVB ESOS 2018 Scheme. 18,836 shares to MD and CEO B Ramesh Babu and 25,824 shares to senior management personnel, as non-cash component of variable pay for FY 2023-24 and FY 2024-25.
Likely market impact
Minor equity dilution from ESOS allotment to MD and senior management as part of variable pay.