ESOP27 March 2026 at 04:34 pm
Poonawalla Fincorp Grants 10,00,000 Stock Options Under ESOP-2024- Scheme- II
AI Summary
Poonawalla Fincorp Ltd has granted 10,00,000 stock options under 'Employee Stock Option Plan-2024- Scheme- II' (ESOP-2024 - Scheme -II) - Tranche - 39 to its eligible employees. The exercise price is set at Rs. 387.95, and the vesting will occur according to the schedule outlined in ESOP - 2024- Scheme- II. The grant is in compliance with the SEBI (Share Based Employee Benefits & Sweat Equity) Regulations, 2021.
Key Highlights
- Poonawalla Fincorp grants 10,00,000 stock options under ESOP-2024- Scheme- II
- The exercise price for the options is set at Rs. 387.95
- Vesting will occur according to the schedule in ESOP - 2024- Scheme- II
- Grant is in line with SEBI (Share Based Employee Benefits & Sweat Equity) Regulations, 2021
- Tranche - 39 allotted to eligible employees of the company