Thursday, March 22, 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 March 21, 2007, has allotted 43,250 equity shares of Rs 10/- each, pursuant to exercise of Stock Options granted under the Kotak Mahindra Equity Options Plan 2002-03 as under:Plan Series 2002-03/03: 21,250 equity sharesPlan Series 2002-03/04: 18,250 equity sharesPlan Series 2002-03/05: 3,750 equity shares

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