IndusInd Bank Approves Stock Option Grant to Employees
IndusInd Bank Limited announced on March 18, 2026, that its Compensation and Nomination & Remuneration Committee approved the grant of stock options to 5 eligible employees. The grant includes 81,500 stock options, convertible into 81,500 equity shares.The grant price for the stock options is set at Rs. 820.85 per share, which aligns with the previous trading day's closing price on the National Stock Exchange. The vesting period is structured over 3 years, with 33% vesting after the first year, 33% after the second year, and 34% after the third year. Following vesting, employees have a 5-year period to exercise the options.
The details of the grant are available on the bank's website at www.indusind.bank.in.
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