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Capital India Finance Limited has announced a grant of 40 lakh Employee Stock Options under its CIFL Employee Stock Option Plan 2023 to eligible employees. Each option can be converted into one equity share at an exercise price of ₹19. The vesting is spread equally over four years, with 25% of options vesting each year from the grant date, and can be exercised within five years of vesting. This move aligns employee interests with company performance and may incentivize long-term value creation for shareholders.