📅 Grant Date: May 22, 2025
📌 Plan: Kotak Mahindra Equity Option Scheme 2023 — Series 7
📈 Total Options Granted: 2,87,820
Each option gives the employee one equity share (₹5 face value). Here’s the breakdown:
| 📊 Vesting Schedule | 🔐 Vesting % | 🗓️ Vesting Date |
|---|---|---|
| Tranche 1 | 25% | June 30, 2026 |
| Tranche 2 | 25% | June 30, 2027 |
| Tranche 3 | 25% | June 30, 2028 |
| Tranche 4 | 25% | June 30, 2029 |
📆 Exercise Period: One year from each vesting date
💬 Company Secretary Avan Doomasia confirmed the options apply to eligible employees of both Kotak Mahindra Bank and its subsidiaries.
💸 CMP: ₹2,103.60
🔼 Change: ₹+37.80 (+1.83%)
🧠 EduTake: Kotak’s handing out stock candy like it’s Diwali 2025. While it helps retain top talent, it also signals optimism for long-term performance. Keep an eye on dilution though — ESOPs come with equity trade-offs.
