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Niva Bupa Health Insurance Company LimitedOthers, 01-08-2025: Options to purchase securities

01-08-2025 | 04:37 pm

Niva Bupa Health Insurance Company's Nomination & Remuneration Committee has approved the grant of 2,70,000 Employee Stock Options (ESOPs) under its ESOP Scheme 2024. This initiative aims to incentivize and retain eligible employees and non-promoter directors. These options can be exercised within four years of vesting, with shares allotted upon exercise having no lock-in period. The grant price will be the closing price on the stock exchange on the grant day. This move aligns employee interests with company growth, potentially impacting future shareholding.

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