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Fedbank Financial Services LimitedOthers, 14-05-2025: Options to purchase securities

14-05-2025 | 04:14 pm

Fedbank Financial Services Limited has announced a board meeting to consider the financial results for the quarter and half-year. The Nomination and Remuneration Committee has approved granting 32.8 lakh stock options under the Employees Stock Option Scheme, 2024, to 40 employees, priced at Rs. 86.23 each. Vesting will occur over one to four years, with a three-year exercise period post-vesting. This stock option plan aims to align employee interests with company performance, enhancing retention and motivation.

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