ALPHA TRIBE

Can Fin Homes LimitedImportant, 27-02-2025: General Updates

27-02-2025 | 10:10 pm

The Nomination Remuneration and HR Committee of Can Fin Homes Limited has approved the grant of 22,872 stock options to Shri Suresh S. Iyer, Managing Director & CEO, under the CFHL Employee Stock Option Scheme 2024. The stock options will be effective from the set grant date. Each option corresponds to one equity share with a face value of ₹2, the exercise price will align with the market price on the date of the grant. The options have a maximum vesting period of four years and can be exercised within a maximum period of three years from their vesting date. This initiative aligns with the company's strategy to incentivize and retain key management personnel, potentially enhancing governance and performance, reflecting a positive outlook for shareholder interests.

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