Bandhan Bank Limited — Others, 24-12-2024: ESOP/ESOS/ESPS

Bandhan Bank has announced a board meeting where it granted 2,96,353 equity stock options at a price of Rs. 164.38 each to Mr. Ratan Kumar Kesh, the Executive Director & COO. These options are part of the Bandhan Bank Employee Stock Option Plan Series 1 and will vest over four years, with a maximum exercise period of five years. This move reflects the bank’s commitment to aligning executive interests with shareholder value. Investors may see this as a positive outlook, reinforcing management’s long-term dedication and potentially enhancing performance metrics.