KOTAKBANKNSEKotak Mahindra Bank Limited· BanksLowNeutral
Announced Fri, 15 May · 21:15 IST

Kotak Mahindra Bank Limited has informed the Exchange regarding Grant of 2015350 Options.

KOTAKBANK · price

Loading chart…

▲ 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
-1.6%1-day move
₹388.50
prior close
₹382.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.7+0.5+0.2-0.0-1.6-1.4-1.8-1.0+1.2+0.2-1.6+3.7-1.6
Up moveDown movePending
AI summary

Kotak Mahindra Bank's Nomination and Remuneration Committee granted 20,15,350 employee stock options on May 15, 2026 under the Kotak Mahindra Equity Option Scheme, 2023 (Series 11). The options will vest in four equal tranches of 25% each — on May 18, 2027, 2028, 2029, and 2030. Each option entitles the employee to one equity share with a face value of Re. 1, with a one-year exercise window from the respective vesting date. The grant covers eligible employees of the bank and its subsidiary companies.

Likely market impact

The ESOP grant aligns employee interests with shareholders and supports talent retention, but will cause modest equity dilution over the vesting period. This is a routine disclosure with no material short-term impact on the stock.