Karnataka Bank Ltd Allots 13,236 Equity Shares Under Employee Stock Option Scheme
Karnataka Bank Ltd has allotted equity shares to its employees and grantees following the exercise of vested stock options under the KBL Employees Stock Option Scheme 2018 (ESOS 2018). The allotment occurred on June 11, 2026.The shares were allotted subsequent to approval by the Managing Director & CEO.
Details of the equity share allotment are presented in the table below:
| Metric | Details |
|---|---|
| Company Name | Karnataka Bank Ltd |
| Date of Allotment | 11/06/2026 |
| Scheme | KBL Employees Stock Option Scheme 2018 (ESOS 2018) |
| Total Equity Shares Allotted | 13,236 |
| Face Value Per Share | Rs. 10 each |
The scheme relates to the vested stock options held by employees who exercised them under the KBL Employees Stock Option Scheme 2018.
KTKBANK Stock Price Movement
Shares of The Karnataka Bank Limited are edging higher to ₹265.85 as of 2:46 PM today, having gained 0.26% with a notable rise of ₹0.70. Trading volume remains active in the microcap sector as over 2 million shares have been exchanged so far during the live market session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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