Bandhan Bank Limited has informed the Exchange regarding Grant of 10000 Options.
BANDHANBNK · price
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Bandhan Bank's Nomination and Remuneration Committee has granted 10,000 equity stock options to an eligible employee under the Bandhan Bank Employee Stock Option Plan Series 1 (Tranche 7). The options carry a grant price of Rs. 176.13 per option, determined based on the NSE closing price on April 21, 2026. Each option allows the holder to apply for 1 equity share of Rs. 10 face value. The vesting schedule spans 4 years with 25% of options vesting each year, and the exercise period extends up to 5 years from each vesting date. The ESOP scheme is compliant with SEBI SBEBSE Regulations, 2021.
The grant of 10,000 options represents minimal dilution for existing shareholders. This is a routine compensation event with negligible impact on the stock price. The small number of options suggests this is a targeted retention mechanism for a key employee.