Bandhan Bank's Nomination Committee Grants 10,000 ESOPs to Eligible Employee
On April 22, 2026, the Nomination and Remuneration Committee (NRC) of Bandhan Bank Limited announced the grant of employee stock options under the Bandhan Bank Employee Stock Option Plan Series 1 (ESOP Series 1). The options were granted to an eligible employee of the Bank.The ESOP grant details include 10,000 equity stock options, each having a face value of Rs. 10. The options were issued at a specific grant price of Rs. 176.13 per option.
The Bank determined the pricing for the ESOPs based on the latest available closing price recorded on the National Stock Exchange of India Limited (NSE) on Tuesday, April 21, 2026, which was the trading day immediately preceding the approval date of the options grant by the NRC.
The total number of shares covered by these options amounts to 10,000 equity shares of Rs. 10 each. Each stock option carries the right to apply for and be allotted one equity share of face value of Rs. 10 each.
ESOP Vesting and Exercise Schedule
The granted ESOPs are subject to a structured vesting schedule, with the options vesting over a four-year period. The vesting milestones are as follows:| Vesting Milestone | Percentage of Options |
|---|---|
| Completion of One Year from Date of Grant | 25% |
| Completion of Two Years from Date of Grant | 25% |
| Completion of Three Years from Date of Grant | 25% |
| Completion of Four Years from Date of Grant | 25% |
The exercise period for the options is set at a maximum of five years from the respective date of vesting.
BANDHANBNK Stock Price Movement
Shares of Bandhan Bank Limited shed 0.50% today, settling at ₹176.52 in post-market trading. The stock saw robust activity, with 8.44 million shares transacting during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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