IndusInd Bank Limited — Important, 23-10-2024: General Updates

IndusInd Bank has approved the grant of 12,000 stock options under its ESOP scheme to two new eligible employees. The grant price is set at Rs. 1274.35 per share, based on the previous trading day's close. The options will vest over three years, with 33% vesting in the first two years and 34% in the third year. The exercise period for these options spans five years from the date of vesting.