StockWatch
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Other Bank
ESOP21 Jul 2026, 01:38 pm

Equitas SFB Grants 1.1 Lakh Stock Options at ₹79.28

AI Summary

Equitas Small Finance Bank Limited announced the grant of 1,10,000 stock options to an eligible employee under the ESFB Employee Stock Option Scheme, 2019. The options are granted at an exercise price of ₹79.28 per share, which is the market price as of July 20, 2026. These options will vest after one year from the grant date (July 21, 2026), subject to continued service, and can be exercised within three years from vesting. The shares issued upon exercise will rank pari-passu with existing equity shares. The scheme complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Key Highlights

  • 1.1 lakh stock options granted to an employee.
  • Exercise price set at ₹79.28 per share.
  • Vesting occurs one year post-grant, subject to service.
  • Options exercisable within three years of vesting.
  • New shares will have equal rights to existing shares.