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Bajaj Housing Finance LimitedOthers, 23-04-2025: ESOP/ESOS/ESPS

23-04-2025 | 10:40 pm

Bajaj Housing Finance Limited has announced a board meeting to grant 9,108,697 stock options to eligible employees under the BHFL ESOP 2024. Each option can be converted into one equity share with a face value of ₹10. The exercise price will be based on the latest closing price prior to the meeting date on the relevant stock exchange. Options will vest between one to five years after the grant and can be exercised within five years post-vesting. This move aims to incentivize employee performance, potentially enhancing operational productivity and aligning interests between management and staff. Investors may view this favorably, as it indicates a commitment to employee motivation and company growth.

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