ESOP4 Aug 2026, 04:41 pm
Poonawalla Fincorp Grants 25,000 Stock Options
AI Summary
Poonawalla Fincorp Ltd announced that its Nomination and Remuneration Committee has granted 25,000 stock options under its 'Employee Stock Option Plan-2024- Scheme- II' (Tranche - 46). The options are granted to eligible employees at an exercise price of ₹469.95. These options will vest according to the schedule outlined in the ESOP plan. This grant aligns with SEBI regulations for share-based employee benefits.
Key Highlights
- 25,000 stock options granted to employees.
- Exercise price set at ₹469.95 per option.
- Grant is under the ESOP-2024 - Scheme -II, Tranche - 46.
- Vesting schedule to be followed as per the plan.
- Grant complies with SEBI (Share Based Employee Benefits & Sweat Equity) Regulations, 2021.
Price Impact
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