ESOP22 Apr 2026, 06:11 pm
Bandhan Bank Grants 10,000 Equity Stock Options
AI Summary
Bandhan Bank Ltd's Nomination and Remuneration Committee granted 10,000 equity stock options under the 'Bandhan Bank Employee Stock Option Plan Series 1' to eligible employees on April 22, 2026. The options have a face value of ₹10 each and were granted at a price of ₹176.13 per option. The options will vest in four tranches of 25% each, annually over four years, with an exercise period of five years from the vesting date.
Key Highlights
- Bandhan Bank granted 10,000 ESOPs to eligible employees under ESOP Series 1.
- The grant price is ₹176.13 per option, with a face value of ₹10 each.
- Options vest in four annual tranches of 25% each, starting one year from the grant date.
- The exercise period for the options is five years from the respective vesting dates.
- The grant complies with SEBI (Share Based Employee Benefits) Regulations, 2021.
Price Impact
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