Poonawalla Fincorp Limited — Others, 16-05-2025: Shareholders meeting

Poonawalla Fincorp Limited has announced a board meeting to seek shareholder approval for increasing its Employee Stock Option Plan (ESOP 2024 Scheme II) pool from 2 Cr to 3.25 Cr stock options. This expansion by 1.25 Cr options aims to attract and retain key talent, supporting the company’s growth strategy. The options, convertible into equity shares at ₹2 each, will be granted to employees of the company and its subsidiaries, vesting over three years and administered with exercise prices tied to fair market value.