RBL Bank Limited has informed the Exchange regarding Grant of ESOP.
RBLBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
RBL Bank's Nomination and Remuneration Committee approved the grant of 2,38,000 stock options to eligible employees on March 21, 2026 under its ESOP 2013 and ESOP 2018 schemes. Each option is convertible into one equity share of Rs. 10 face value at an exercise price of Rs. 297.25, which equals the closing market price on March 20, 2026. The options will vest in three tranches — 30% after the first year, 30% after the second year, and 40% after the third year — and employees can exercise them within five years of each vesting date. This is a routine employee incentive grant with no discount to market price.
The grant size of 2.38 lakh shares represents very minor potential dilution to existing shareholders and is unlikely to materially affect the stock price. Pricing at market rate (no discount) keeps the grant shareholder-neutral, though it signals the bank is continuing normal employee retention and incentivization practices.