StockWatch
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Non Banking Financial Company (NBFC)
ESOP23 Oct 2026, 06:30 pm

Fedbank Financial Services Grants 1.65 Lakh Stock Options

AI Summary

Fedbank Financial Services Ltd announced the grant of 165,000 stock options under its Employees Stock Option Scheme, 2024 (ESOS-2024) to eligible employees. The grant was approved by the Nomination and Remuneration Committee on October 23, 2026. The options have an exercise price of ₹155.10 per option, based on the average opening and closing price on October 22, 2026. Vesting will occur between 1 to 4 years from the grant date, and options can be exercised within 3 years post-vesting. The scheme complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Key Highlights

  • 165,000 stock options granted to employees.
  • Exercise price set at ₹155.10 per option.
  • Vesting period ranges from 1 to 4 years.
  • Options exercisable within 3 years post-vesting.
  • Scheme complies with SEBI regulations.