ESAF Small Finance Bank Limited has informed the Exchange regarding Grant of 955949 Options under under ESAF Employee Stock Option Scheme 2019.
ESAFSFB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of ESAF Small Finance Bank approved the grant of 9,55,949 stock options to eligible employees on July 24, 2025, under the ESAF Employee Stock Option Scheme 2019. Each option can be converted into one equity share with a face value of Rs. 10. The exercise price is set at Rs. 10 per option, based on the formula of 75% discount on the previous Friday's closing price on the exchange with highest trading volume, or face value, whichever is higher. The options will vest after one year from the grant date and employees will have a further one year to exercise them. The scheme is fully compliant with SEBI's Share Based Employee Benefits and Sweat Equity Regulations, 2021.
This is a routine employee compensation action and is not expected to materially impact the stock price. If all options are eventually exercised, it could lead to a minor dilution of existing shareholders' holdings by up to 9.55 lakh shares. The move reflects the bank's effort to attract and retain talent through equity-linked incentives.