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Bandhan Bank LimitedOthers, 27-02-2025: ESOP/ESOS/ESPS

27-02-2025 | 10:01 pm

Bandhan Bank has announced a board meeting to grant 1,17,26,364 equity stock options under its Employee Stock Option Plan Series 1. Each option, priced at Rs. 135.34, will allow eligible employees to acquire equity shares at a face value of Rs. 10 each. The options will vest over four years, with 25% of the options vesting annually. This move aims to incentivize and retain talent, potentially enhancing employee performance and satisfaction. Investors may view this positively, as it reflects a proactive approach to employee engagement and could strengthen the bank's operational stability.

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