Equitas Small Finance Bank Grants 1,10,000 Stock Options Under Employee Scheme
Equitas Small Finance Bank Ltd has approved the grant of stock options to an eligible employee as part of the ESFB Employee Stock Option Scheme, 2019. The Nomination and Remuneration Committee of the Bank approved the grant on July 21, 2026.The grant encompasses 1,10,000 stock options at an exercise price of Rs.79.28 per share. The shares resulting from these grants will rank pari-passu with existing equity shares in all aspects, including dividend. The scheme adheres to the terms outlined in SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.The options are subject to specific vesting criteria and timelines. Vesting is scheduled one...