Poonawalla Fincorp Limited — Others, 16-12-2024: ESOP/ESOS/ESPS

Poonawalla Fincorp has announced a board meeting to discuss the grant of 3,10,000 stock options under the Employee Stock Option Plan-2024 – Scheme-II at an exercise price of Rs. 353.95. This move aligns with the company’s strategy to incentivize and retain talent through stock-based compensation. The vesting of these options will follow the established schedule in the plan. This action is likely to foster a positive sentiment among employees, enhancing alignment with shareholder interests, and potentially contributing to long-term operational stability and growth.