Axis Bank announced the grant of 103,916 stock options to its eligible employees under the Axis Bank Employees Stock Option Scheme 2000-01. The grant was approved at a meeting held on January 14, 2026, at an exercise price of ₹1262 per option. The options will vest in stages over three years, with varying percentages vesting annually.
Stock Option Grant Details
Axis Bank’s Nomination and Remuneration Committee approved the grant of 103,916 stock options to its eligible employees at a meeting held on January 14, 2026. The options are granted under the Axis Bank Employees Stock Option Scheme 2000-01.
Key Terms of the Grant
The exercise price for each option is set at ₹1262. The grant aligns with the company’s share-based employee benefits policy.
Vesting Schedule
The granted options will vest according to the following schedule:
– 30% of the granted options will vest at the end of 1 year from the grant date.
– An additional 30% will vest at the end of 2 years from the grant date.
– The remaining 40% of the options will vest at the end of 3 years from the grant date.
Exercise Period
Once vested, the options can be exercised by the grantees within a period of 5 years from the respective vesting date.
Source: BSE
