Fusion Finance Approves Grant of 10,000 Stock Options Under ESOP 2023
Fusion Finance Limited has approved the grant of stock options to eligible employees under the Fusion Employee Stock Option Plan 2023 (ESOP 2023). This decision was ratified by the Nomination and Remuneration Committee of the Board of Directors during a meeting held on Monday, August 10, 2026.The approval grants a total of 10,000 stock options to the company's eligible employees. The terms associated with these options, which are compliant with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, specify an exercise price based on market conditions from earlier in the year.
Key details regarding the grant and the terms of the stock options have been finalized by the company's board. The options are subject to a vesting schedule and set exercise periods designed within the framework of ESOP 2023.
The essential parameters of the options granted under the ESOP 2023 include:
| Particulars | Details |
|---|---|
| Grant of Options | Grant of 10,000 stock options to eligible employees. |
| Total Shares Covered | 10,000 (Ten Thousand Only). |
| Exercise Price | INR 204.99/- per stock option, based on the closing price on the National Stock Exchange of India Limited on August 07, 2026. |
| Vesting Schedule | Options shall vest not before 1 year from the Grant Date and not after maximum Vesting Period as prescribed in ESOP 2023. |
| Exercise Period | The option exercise period shall be 8 years from the date of vesting of options. |
As per the company records, there are currently no options exercised, money realized, shares arising from exercise, or lapsed options pursuant to this grant.
FUSION Stock Price Movement
Today, Fusion Finance Limited shares edged higher to close at ₹206.16, rising 0.59% in post-market trading. The equity traded within a tight range throughout the day, falling from a low of ₹202.21 to reach an intraday high of ₹214.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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