RBL Bank Limited — Important, 02-07-2025: Updates
02-07-2025 | 01:52 pm
02-07-2025 | 01:52 pm
RBL Bank has announced a board meeting to approve the financial results for the quarter and half-year. The Nomination and Remuneration Committee has approved granting 8.28 lakh stock options to employees under ESOP 2018 at an exercise price of Rs. 260.02 per option. The options vest 30%, 30%, and 40% over three years and are exercisable within five years from vesting. This move aligns with employee retention and incentivization strategies, with no immediate financial impact.
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