IndusInd Bank Limited — Important, 09-01-2025: Updates

The Compensation and Nomination & Remuneration Committee has approved the grant of 42,500 Stock Options to four eligible employees under the Employee Stock Option Scheme (ESOP). The grant price is set at Rs. 981.05 per share, based on the closing price on the previous trading day. The vesting period is three years, with stock options vesting at 33%, 33%, and 34% at one-year intervals. Following the vesting, employees will have a five-year exercise period. This initiative reflects the bank’s commitment to employee engagement and aligns with its performance-driven culture. Positive outlook as the scheme may enhance workforce motivation and retention.