Poonawalla Fincorp Ltd Grants 9,30,000 Stock Options Under ESOP Plan
On April 08, 2026, the Nomination and Remuneration Committee of the Board of Directors of Poonawalla Fincorp Limited granted a total of 9,30,000 stock options to eligible employees. These options fall under the 'Employee Stock Option Plan-2024- Scheme-II' (ESOP-2024-Scheme-II) and represent Tranche 40.The stock options were granted at an exercise price of Rs. 400.88. The vesting of these stock options will adhere to the schedule specified within the ESOP-2024-Scheme-II.
The grant of these stock options aligns with the provisions of the SEBI (Share Based Employee Benefits & Sweat Equity) Regulations, 2021, as amended from time to time.
POONAWALLA Stock Price Movement
Today, Poonawalla Fincorp Limited shares edged higher to close at ₹414.8, marking a 2.67% gain for the session. The stock found support today, recording total traded volume of 2.28 million shares.Source:
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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.