In compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements), Regulations, 2015, we hereby inform that the Compensation and Nomination & Remuneration Committee at its meeting held today, January 7,2022 had approved grant of 70,000 Stock Options (convertible into 70,000 Equity shares of the Bank, upon exercise) to 6 Eligible Employees in terms of the ESOP Scheme.\r\nThe main terms of the grant are mentioned below:\r\n1. Grant Price: Rs.921.70 per share (Close Price on NSE on Thursday, January 6, 2022, viz., previous trading day's Close Price at the Stock Exchange having the highest trading volume). \r\n2. Vesting Period: 3 years from date of grant, spread at 33%, 33% and 34% at the intervals of one year from the date of grant.\r\n3. Exercise Period: 5 years from date of vesting.\r\nThis disclosure is being made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. \r\n\r\n