Kotak Mahindra Bank Ltd has informed BSE that the Bunk has, on the "Grant Date of September 09, 2009, made a grant of 51,330 options, under Kotak Mahindra Equity Option Scheme 2007 - Series 19, 20, 21 and 22 to an employees of its subsidiary company in accordance with the provisions of the Securities and Exchange Board of India (Employees Stock Option Scheme and Employees Stock Purchase Scheme) Guidelines, 1999.

The exercise period in respect of the various Series is mentioned here under:

Series : 19
- No. Options : 9,830
- Vesting date : September 15, 2010
- Exercise Period : September 15, 2010 to October 15, 2010

Series : 20
- No. Options : 20,000
- Vesting date : December 01, 2010 & December 01, 2011
- Exercise Period : December 01, 2010 to December 30, 2010 - 10,000 options & December 01, 2011 to December 30, 2011 - 10,000 options

Series : 21
- No. Options : 8,000
- Vesting date : December 31, 2010 & April 30, 2011
- Exercise Period : December 31, 2010 to January 30, 2010 - 4,000 options & April 30, 2011 to May 29, 2011 - 4,000 options

Series : 22
- No. Options : 13,500
- Vesting date : April 30, 2001 & April 30, 2012 & April 30, 2013
- Exercise Period : April 30, 2011 to May 29, 2001 - 3,000 options & April 30, 2012 to May 29, 2012 - 4,500 options & April 30, 2013 to May 29, 2013 - 6,000 options