Grant of ESOPs to Managing Director & CEO
Karur Vysya Bank grants 52,017 ESOPs to MD & CEO, B Ramesh Babu, at ₹247.03 per option, vesting over three years, as part of variable pay for FY 2024-25.
The grant of ESOPs is a routine event and is unlikely to have a significant impact on the company's financials or operations.
The announcement is about the grant of ESOPs, which is a neutral event.
* Karur Vysya Bank granted 52,017 options under KVB ESOS 2018 Scheme to Shri B Ramesh Babu, Managing Director & CEO. * The grant price is ₹247.03 per option, which was the closing price on 04 Dec 2025 at NSE. * Vesting schedule: * One year from the grant date: 33.33% of options * Two years from the grant date: 33.33% of options * Three years from the grant date: 33.34% of options * The options vested would be immediately credited to his demat account from the date of vesting.
What to do with a filing like this
Karur Vysya Bank Limited filed this with the NSE as a statutory disclosure, categorised under esg reports. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Karur Vysya Bank Limited. Read the original for the full detail.