IndusInd Bank Grants 22,500 Stock Options Under Employee Scheme
On July 21, 2026, IndusInd Bank Limited approved the grant of stock options to four eligible employees under its Employee Stock Option Scheme (ESOP). The decision was made by the Compensation and Nomination & Remuneration Committee.The committee sanctioned a total of 22,500 Stock Options, which are convertible into an equal number of equity shares of the Bank upon exercise. The grant price for these options was set at Rs. 1032.85 per share, based on the closing price of the bank's stock on the National Stock Exchange (NSE) on July 20, 2026.
The terms and conditions governing the ESOP grant were defined as follows:
- Grant Price: Rs. 1032.85 per share
- Options Granted: 22,500 to 4 employees
Key aspects of the stock option grant include a vesting period of three years and an exercise window spanning five years from the date of vesting.
The structure of the Vesting Period is detailed below:
| Parameter | Details |
|---|---|
| Grant Date | July 21, 2026 |
| Total Vesting Period | 3 Years |
| Vesting Schedule | 33% at the first interval, 33% at the second interval, and 34% at the third interval. |
| Exercise Period | 5 years from the date of vesting. |
INDUSINDBK Stock Price Movement
Today, IndusInd Bank Limited shares edged higher to close at ₹1063.45, rising by 2.53% in the post-market session. The stock saw a powerful rally, hitting its 52-week high today amidst robust trading activity that accounted for over 5.12 million shares.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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