Equitas Small Finance Bank Limited has informed regarding grant of Employee Stock Options under ESFB Employee Stock Option Scheme, 2019
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Equitas Small Finance Bank has informed the exchanges that its Nomination & Remuneration Committee approved the grant of 1,00,000 (One Lakh) stock options to an eligible employee on September 26, 2025. Each option is convertible into one equity share of ₹10 face value and is priced at Rs. 57.19 per share, which is the market price as defined under SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The options will vest after one year from the grant date and can be exercised within three years of vesting. The shares issued upon exercise will rank pari-passu with existing equity shares, including for dividend purposes.
This is a routine, small-scale ESOP grant (1 lakh shares) to a single employee and is unlikely to have any meaningful impact on shareholding dilution or stock price. It reflects standard employee compensation practice and signals retention intent for key talent.