Fedbank Financial Services grants 165,000 employee stock options
FEDFINA · price
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On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and 1.0 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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On October 23, 2026, the company approved a grant of 165,000 stock options to eligible employees under its 2024 employee stock option plan. The exercise price is Rs. 155.10 per option, based on the average opening and closing price on the NSE on October 22, 2026. Options vest between 1 and 4 years and must be exercised within 3 years after vesting. Shares arising from exercise have no lock-in.
The grant may help retain employees. If options are exercised, new shares could reduce existing shareholders' ownership percentage; no shares are issued immediately.