Indusind Bank Limited has informed the Exchange about General Updates
INDUSINDBK · price
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IndusInd Bank's Compensation and Nomination & Remuneration Committee approved the grant of 68,000 stock options to 8 eligible employees on September 22, 2025. Each option is convertible into one equity share of the Bank upon exercise. The grant price has been set at Rs. 744.40 per share, based on the NSE closing price on September 19, 2025 (the previous trading day). The options will vest over 3 years in tranches of 33%, 33%, and 34% at yearly intervals, with a 5-year exercise window from the date of vesting. The grant is being made under the Bank's existing ESOP Scheme in compliance with SEBI listing regulations.
This is a routine ESOP grant with a very small number of options (68,000 shares) relative to the Bank's overall equity base, so the dilution impact is negligible. No material effect on share price is expected from this disclosure alone.