Kotak Mahindra Bank Ltd has informed the exchange regarding allotment of equity shares under ESOP Scheme.
The ESOP Allotment Committee of the Bank, 30th June, 2021, allotted 2,87,766 Equity Shares of Rs.5/- each, pursuant to the exercise of equivalent number of Employee Stock Options.
On Wednesday, the scrip opened at Rs1,709.45 apiece and the current market cap of the company is Rs3,38,076.45cr.
At around 2:25 PM, Kotak Mahindra was trading at Rs1,719.10 per piece up by Rs13.7 or 0.8% from its previous closing of Rs1,705.40 per piece on the BSE.