ESOP15 Oct 2026, 02:49 pm
Bandhan Bank Grants 18.75 Lakh Stock Options
AI Summary
Bandhan Bank Limited announced on October 15, 2026, the grant of 18,75,514 equity stock options (ESOPs) under its Employee Stock Option Plan Series 1 to eligible employees. The grant price for these options is Rs. 168.58 per option. The ESOPs will vest in tranches over four years, with 25% vesting annually. The exercise period for these options is a maximum of five years from the respective vesting dates. This initiative is in line with SEBI regulations and aims to incentivize employees.
Key Highlights
- Bandhan Bank granted 18,75,514 ESOPs to employees.
- Grant price set at Rs. 168.58 per option.
- ESOPs vest over four years in 25% annual tranches.
- Exercise period is up to five years post-vesting.
Price Impact
More from BANDHANBNK