ESOP5 Sept 2026, 08:50 pm
Bandhan Bank Grants Over 1 Crore Stock Options
AI Summary
Bandhan Bank Limited announced the grant of 1,04,87,996 equity stock options (ESOPs) under its Employee Stock Option Plan Series 1 to eligible employees. The options were granted at a price of ₹164.95 per option. These ESOPs are set to 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. The grant aligns with SEBI regulations and the bank's approved employee benefit plan.
Key Highlights
- Bandhan Bank granted 1,04,87,996 ESOPs to employees.
- Grant price set at ₹164.95 per option.
- Options vest over four years in 25% annual tranches.
- Exercise period is up to five years post-vesting.
Price Impact
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