CSB Bank Transfers 9,000 Equity Shares Under Employee Stock Option Scheme

CSB Bank Limited announced that it has transferred 9,000 equity shares to an employee under its Employee Stock Option Scheme (ESOS) 2019. The transaction was carried out through the CSB ESOS Trust on Tuesday, May 20, 2025.

The shares were transferred following the exercise of vested stock options by an eligible employee of the bank. This move is part of the bank’s long-term strategy to reward and retain key talent through equity-based incentives.

In an official filing with the BSE and NSE, where the bank is listed under the scrip code 542867 and symbol CSBBANK respectively, CSB Bank confirmed the transaction and noted that further details are available on its official website www.csb.co.in.

The announcement was made by Sijo Varghese, Company Secretary of CSB Bank.

Employee stock options have increasingly become a common tool used by companies to align employee performance with shareholder value. Through such schemes, CSB Bank continues to build a performance-driven culture while offering employees a stake in the bank’s future growth.