Capital Small Finance Bank corrects ESOP vesting dates due to typo

Capital Small Finance Bank Limited (CSFB) has issued a corrigendum, dated September 2, 2025, to rectify an inadvertent typographical error in the vesting dates for its Employee Stock Option Plan (ESOP) for material risk takers. The original announcement, made on September 1, 2025, detailed the outcome of a Nomination and Remuneration Committee meeting.

The correction specifically addresses the vesting schedule for 2,656 equity shares granted to Santosh Kumar Dhawan, HOD-credit, as part of his variable pay for FY 2024-25. The corrected schedule now indicates three vesting tranches: Vesting 1, comprising 885 equity shares, will occur on September 1, 2026; Vesting 2, also for 885 equity shares, on April 30, 2027; and Vesting 3, for 886 equity shares, on April 30, 2028. Each share has a face value and exercise price of INR 10.

The Bank has confirmed that the scheme adheres to SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.