Can Fin Homes Approves Grant of 32,435 Stock Options Under ESOP 2024
Can Fin Homes Ltd has approved the grant of a significant number of stock options to its identified employees under the CFHL Employee Stock Option Scheme 2024 (ESOP 2024). The decision was made by the Nomination Remuneration and HR Committee during a meeting held on June 05, 2026.The committee approved the grant of 32,435 stock options under Tranche 2 to identified employees of the company. These options are part of the broader ESOP 2024 initiative, aimed at incentivizing employees through equity compensation.
The scheme is fully compliant with relevant regulations concerning share-based employee benefits. The granted options pertain to 32,435 equity shares, each having a face value of Rs. 2/- (Rupees Two Only), which are stated as being fully paid up.
Key details regarding the stock option grant and the scheme terms are summarized below:
| Particulars | Details |
|---|---|
| Number of Options Granted | 32,435 under Tranche 2 |
| Effective Date of Grant | June 05, 2026 |
| Total Shares Covered by Options | 32,435 equity shares (Face Value Rs. 2/-) |
| Pricing Formula | Market price as defined in regulations |
| Vesting Period for Options | 2 years |
| Exercise Period | Maximum of 3 years commencing from the relevant date of vesting |
The granted options entitle the option holder to acquire an equal number of Equity Shares upon payment of the exercise price and applicable taxes, adhering to the terms and conditions set forth by the company. The scheme is administered by the Committee, and the grant is subject to the eligibility criteria outlined in the Scheme documentation.
CANFINHOME Stock Price Movement
Shares of Can Fin Homes Limited today slipped by 0.92% to settle at ₹807.90, shedding ₹7.50 from the previous close. The stock traded a volume of 161,813 shares during the session, remaining within an intraday range bounded by ₹803.05 and ₹824.50.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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