Abans Financial Services Limited — Others, 11-11-2024: Options to purchase securities

Abans Holdings Limited has announced a board meeting to grant options under its ESOP Scheme 2023 and 2024. A total of 50,700 options from ESOP 2023 and 2,17,199 from ESOP 2024 were granted to employees. The exercise price for these options is set at INR 2 for ESOP 2023 and INR 201.48 for ESOP 2024, with a maximum exercise period of five years. This strategic move aims to incentivize employees and potentially enhance retention. Investors may view this as a positive outlook for employee engagement, though the higher exercise price for the 2024 options could be a consideration for sentiment.