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CSB Bank's board approved the 2026 Employee Stock Option Scheme, authorising up to 20 lakh options. The scheme will be administered by the Nomination & Remunerance Committee.
CSB Bank transferred 30,500 equity shares from its ESOS Trust. The transfer follows the exercise of vested options under the 2019 scheme.
CSB Bank amended its ESOS Trust Deed to appoint new trustees. This administrative update ensures compliance with SEBI employee benefit regulations for its stock option scheme.
CSB Bank Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The auditor reported no material non-compliances or regulatory deviations.
CSB Bank received RBI approval to appoint M P Chitale & Co and Sundaram & Srinivasan as Joint Statutory Auditors. The move ensures regulatory audit compliance.
CRISIL Ratings reaffirmed CSB Bank's 'CRISIL A1+' and 'CRISIL A/Stable' ratings for various debt programmes. The stable outlook reflects maintained creditworthiness for institutional investors.
CSB Bank transferred 8,278 equity shares from its ESOS Trust to employees following stock option exercises. This routine action supports the bank's long-term employee incentive program.
CSB Bank granted 5,90,469 stock options at Rs. 358.65 each, totaling ₹21.18 Crore. Options vest over 48 months, aiming to incentivize and retain key employees.