Poonawalla Fincorp Ltd Grants 1,75,000 Stock Options Under Employee Stock Option Plan
Poonawalla Fincorp Ltd has approved the grant of 1,75,000 stock options to eligible employees under Tranche 44 of its Employee Stock Option Plan-2024-Scheme-II (ESOP-2024-Scheme-II). The approval was granted by the Nomination and Remuneration Committee of the Board of Directors on July 16, 2026.The stock options have been issued at an exercise price of Rs. 473.25 per share. These options are subject to a vesting schedule as defined within the specific terms of the ESOP-2024-Scheme-II.
The company confirmed that the grant of these stock options aligns with the applicable provisions of the Share Based Employee Benefits and Sweat Equity Regulations, 2021.
| Detail | Information |
|---|---|
| Company Name | Poonawalla Fincorp Ltd |
| Scheme Name | Employee Stock Option Plan-2024-Scheme-II |
| Tranche | Tranche 44 |
| Number of Options Granted | 1,75,000 |
| Exercise Price | Rs. 473.25 |
| Approval Date | July 16, 2026 |
POONAWALLA Stock Price Movement
Poonawalla Fincorp Limited shares today shed 0.85% to settle at ₹472.15. The stock saw a total turnover of 438,872 shares 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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