Indusind Bank Limited has informed the Exchange about Grant of Stock Options under the Employee Stock Option Scheme of the Bank
INDUSINDBK · price
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IndusInd Bank's Compensation and Nomination & Remuneration Committee approved the grant of 81,500 stock options to 5 eligible employees on March 18, 2026. The options are convertible into an equal number of equity shares upon exercise. The grant price is set at Rs. 820.85 per share, based on the previous trading day's closing price on NSE. These options will vest over 3 years in tranches of 33%, 33%, and 34%, with a 5-year exercise window from each vesting date.
This is a routine ESOP allotment with no material impact on existing shareholders since the dilution is minimal (81,500 shares is very small relative to the bank's total share base). It signals normal employee compensation activity and may slightly dilute equity in the long term.