Kotak Mahindra Bank Allots 8.31 Lakh Equity Shares Under Employee Stock Option Plans
Kotak Mahindra Bank allotted 8,30,630 equity shares of ₹1 each to employees under its ESOP schemes on January 19, 2026. The allotment covered seven different series and tranches under the 2015 and 2023 ESOP schemes, with the largest allocation of 3,88,275 shares from Series 2015/40 (2nd Tranche). The bank has informed stock exchanges about this employee incentive distribution.
*this image is generated using AI for illustrative purposes only.
Kotak Bank has completed the allotment of 8,30,630 equity shares to employees under its Employee Stock Option Plans, marking another significant milestone in the bank's employee incentive programs. The allotment was approved by the bank's Large Expenditure and Share Transfer and Other Matters Committee on January 19, 2026.
ESOP Allotment Details
The equity shares, each with a face value of ₹1.00, were distributed across seven different series and tranches under two main ESOP schemes - the Kotak Mahindra Equity Option Scheme 2015 and the Kotak Mahindra Equity Option Scheme 2023.
| ESOP Scheme Series/Tranche | Shares Allotted |
|---|---|
| ESOP Scheme Series 2015/30 (4th Tranche) | 3,32,635 |
| ESOP Scheme Series 2015/33 (4th Tranche) | 39,000 |
| ESOP Scheme Series 2015/39 (3rd Tranche) | 24,125 |
| ESOP Scheme Series 2015/40 (2nd Tranche) | 3,88,275 |
| ESOP Scheme Series 2015/40 (3rd Tranche) | 9,925 |
| ESOP Scheme Series 2015/42 (2nd Tranche) | 5,000 |
| ESOP Scheme Series 2023/01 (2nd Tranche) | 31,670 |
| Total | 8,30,630 |
Distribution Analysis
The ESOP Scheme Series 2015/40 (2nd Tranche) represented the largest single allocation with 3,88,275 shares, followed by ESOP Scheme Series 2015/30 (4th Tranche) with 3,32,635 shares. These two tranches together accounted for approximately 87% of the total allotment.
Scheme Participation
The allotment demonstrates active participation across both the established 2015 scheme and the newer 2023 scheme. The 2015 scheme contributed the majority of shares across six different series and tranches, while the 2023 scheme contributed through its Series 2023/01 (2nd Tranche) with 31,670 shares.
Regulatory Compliance
Kotak Mahindra Bank has informed both BSE Limited and the National Stock Exchange of India Limited about this allotment, ensuring full regulatory compliance and transparency in the share allotment process.
Historical Stock Returns for Kotak Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.76% | +0.32% | +5.35% | +18.69% | +2.57% | +9.38% |
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