Dhanlaxmi Bank ESOP 2025 will come before the bank’s Board of Directors at a meeting scheduled for August 19, 2026, the lender informed stock exchanges in a BSE filing dated August 14.

The board will consider and approve the proposed Dhanlaxmi Bank Limited Employee Stock Option Plan - 2025. Any approval granted by the directors will remain subject to the approval of the bank’s shareholders.

The prior intimation was submitted under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was addressed to both BSE Limited and the National Stock Exchange of India Limited.

Plan to follow SEBI share-based benefit rules

According to the filing, the employee stock option plan is proposed in accordance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The board meeting will therefore serve as the first stated approval stage for the plan, followed by the required shareholder consideration if directors clear the proposal.

The filing identifies the matter before the board as follows:

  • Consideration and approval of the Employee Stock Option Plan - 2025.
  • Compliance with the applicable SEBI framework for share-based employee benefits and sweat equity.
  • Shareholder approval after the board’s consideration and approval.

The announcement is a prior board-meeting intimation and does not state that the plan has already received board or shareholder approval.

Exchange disclosure details

Dhanlaxmi Bank Company Secretary and Secretary to the Board Venkatesh H. signed the communication dated August 14, 2026. The bank’s corporate and registered offices are located in Thrissur, Kerala.

The BSE announcement was published on August 14 at 19:26. The filing relates specifically to the scheduled board consideration of the ESOP proposal and does not provide details such as the number of options, exercise price, vesting schedule, eligible employees or potential equity dilution.

Further terms would depend on the plan considered by the board and the subsequent shareholder approval process referenced in the filing.

Source: BSE corporate announcement.