Ujjivan Small Finance Bank Limited has informed the Exchange regarding Grant of 1392905 Options.
UJJIVANSFB · price
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Ujjivan Small Finance Bank has granted 13,92,905 stock options to eligible employees under its ESOP Scheme 2019, approved by the Nomination and Remuneration Committee on July 22, 2025. Each option gives the right to subscribe to one fully paid equity share at an exercise price of Rs. 46.18, which is the lower of the NSE closing price on July 21, 2025 or the 3-month volume-weighted average price. The options will vest over 4 years in tranches of 20%, 20%, 30%, and 30%, with employees getting 5 years from each vesting date to exercise them. The grant is compliant with SEBI's SBEB and Sweat Equity Regulations, 2021.
This is a routine employee incentive grant that may cause mild equity dilution once options are exercised, but no immediate impact on share price is expected. The exercise price being benchmarked to market levels signals fair and transparent pricing.