Axis Bank Limited has informed the Exchange regarding Grant of 137575 Options.
AXISBANK · price
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On July 16, 2025, Axis Bank's Nomination and Remuneration Committee approved the grant of 1,37,575 stock options to eligible employees under the Axis Bank Employees Stock Option Scheme 2000-01. The exercise price has been fixed at Rs. 1,165.90 per option, based on the NSE closing price on July 15, 2025. Each option represents one equity share of Rs. 2 face value. The options will vest in tranches — 30% after one year, 30% after two years, and 40% after three years from the grant date. Grantees will have a five-year window from each vesting date to exercise these options.
This is a routine ESOP grant that will lead to mild equity dilution over the next 3 years when options vest and are exercised. It signals ongoing employee incentive alignment but is unlikely to materially affect the stock price in the short term.