Poonawalla Fincorp has announced the grant of 500,000 stock options under its Employee Stock Option Plan 2024 – Scheme II. This decision was made by the Nomination and Remuneration Committee on January 22, 2026. The options are granted to eligible employees at an exercise price of ₹443.80 per share, vesting as per the plan’s schedule.
Employee Stock Option Grant
Poonawalla Fincorp’s Nomination and Remuneration Committee approved the grant of 500,000 stock options to its employees. This grant occurred on January 22, 2026, formalizing the company’s commitment to employee benefits and equity participation. This allocation falls under the ‘Employee Stock Option Plan-2024 – Scheme II’.
Key Details of the Stock Options
The granted stock options, specifically under Tranche 38, are offered to eligible employees at an exercise price of ₹443.80 per option. The vesting schedule for these stock options aligns with the stipulations outlined in the Employee Stock Option Plan 2024 – Scheme II.
Source: BSE
