IIFL Finance has announced the grant of 44,000 stock options to its employees under the Employee Stock Option Scheme 2008. This decision was made by the Nomination and Remuneration Committee (NRC) during a meeting held on October 30, 2025. Each option is convertible into one fully paid-up equity share and is subject to a minimum vesting period of one year from the grant date.
Employee Stock Option Grant
IIFL Finance has approved the allocation of employee stock options to eligible employees. On October 30, 2025, the Nomination and Remuneration Committee (NRC) approved a grant of 44,000 stock options under the company’s Employee Stock Option Scheme 2008.
Key Details of the Scheme
The approved scheme allows each option to be converted into one fully paid-up equity share. The vesting period for these options is a minimum of one year from the date of grant. Vesting schedules and pricing will be detailed in the individual grant letters distributed to the employees.
Meeting Conclusion
The NRC meeting, during which this grant was approved, commenced at 10:45 a.m. and concluded at 11:00 a.m. on October 30, 2025.
Source: BSE
