
ESOP7 Jul 2026, 08:00 pm
Poonawalla Fincorp Grants 1.2 Lakh ESOPs at ₹470.18
AI Summary
Poonawalla Fincorp Ltd's Nomination and Remuneration Committee, on July 07, 2026, approved the grant of 1,20,000 stock options. These options were issued under the 'Employee Stock Option Plan-2024- Scheme- II' (Tranche 43) to eligible employees of the company. The exercise price for these stock options has been set at ₹470.18. The vesting of these options will occur according to the schedule outlined in the ESOP-2024 - Scheme -II. This grant is in compliance with the provisions of the SEBI (Share Based Employee Benefits & Sweat Equity) Regulations, 2021.
Key Highlights
- Poonawalla Fincorp granted 1,20,000 stock options.
- Options issued under ESOP-2024-Scheme-II, Tranche 43.
- Exercise price set at ₹470.18 per option.
- Vesting will follow the defined ESOP scheme.
- Grant aligns with SEBI regulations.
Price Impact
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