ESOP28 Jul 2026, 08:50 pm
Poonawalla Fincorp Grants 25,000 Stock Options
AI Summary
Poonawalla Fincorp Ltd announced on July 28, 2026, that its Nomination and Remuneration Committee has granted 25,000 stock options to eligible employees under the 'Employee Stock Option Plan-2024- Scheme- II'. These options, part of Tranche - 45, have an exercise price of ₹461.05. The grant is in compliance with SEBI (Share Based Employee Benefits & Sweat Equity) Regulations, 2021, and the options will vest according to the plan's schedule. This move is intended to incentivize and retain key personnel.
Key Highlights
- 25,000 stock options granted to employees.
- Exercise price set at ₹461.05 per option.
- Grant aligns with ESOP-2024 - Scheme -II, Tranche - 45.
- Vesting schedule to be followed as per the plan.
- Compliant with SEBI (Share Based Employee Benefits & Sweat Equity) Regulations.
Price Impact
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