Saturday, July 14, 2007

Kotak Mahindra Bank - Allotment of equity shares under ESOP

Kotak Mahindra Bank Ltd has informed that the ESOP Allotment Committee of the Bank at its meeting held on July 12, 2007, has allotted 2,06,376 equity shares of Rs 10/- each, pursuant to exercise of Stock Options granted under the Kotak Mahindra Equity Options Plan 2002-03 and Kotak Mahindra Equity Option Scheme 2005 as under:ESOP Plan Series 2002-03/06: 82,496 equity sharesESOP Plan Series 2005/01: 93,480 equity sharesESOP Plan Series 2005/03: 30,400 equity shares

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