Kotak Mahindra Bank Limited — Others, 22-05-2025: ESOP/ESOS/ESPS

Kotak Mahindra Bank has announced a board meeting on the grant of 2,87,820 employee stock options under its ESOP Scheme 2023 – Series 7 to eligible employees and subsidiaries. The options will vest in four equal annual installments from June 2026 to June 2029, with a one-year exercise window each time. Each option converts into one equity share with a face value of Rs. 5. This initiative is aimed at retaining and motivating key talent while aligning employee interests with shareholders.