ALPHA TRIBE

Fino Payments Bank LimitedOthers, 02-05-2025: Options to purchase securities

02-05-2025 | 07:51 pm

Fino Payments Bank Limited has announced a grant of 5,00,000 stock options to eligible employees under its ESOP 2024 plan, each exercisable at ₹246.20 based on recent market price. The options vest equally over three years with exercise allowed up to five years while employed or three years post-resignation. This aligns employee incentives with shareholder value, aiding in retaining and motivating key talent.

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