
ESOP28 Oct 2026, 01:25 pm
Capital SFB: NRC Approves Vesting of 3,71,400 ESOPs
AI Summary
Capital Small Finance Bank Ltd announced the outcome of its Nomination and Remuneration Committee meeting held on October 28, 2026. The committee approved the vesting of 60% of the options granted under the CSFB ESOP 2023 plan. Specifically, 3,71,400 options, representing 60% of the 6,19,000 options outstanding for eligible employees, have been vested. These options were originally granted on September 12, 2023, prior to the bank's IPO. The vesting schedule indicates that 40% vested on September 30, 2025, and the remaining 60% vested on September 30, 2026. The exercise price for these options is ₹171 per share.
Key Highlights
- Nomination and Remuneration Committee approved vesting of 60% ESOPs.
- 3,71,400 options vested on October 28, 2026.
- Options granted under CSFB ESOP 2023 plan.
- Exercise price set at ₹171 per share.
- Vesting follows a two-tranche schedule post-IPO.
Price Impact
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