Aavas Financiers has announced the grant of stock options under its Equity Stock Option Plans (ESOP) and Performance Stock Option Plans (PSOP). The Nomination and Remuneration Committee approved the grants on November 11, 2025. A total of 3,01,230 options were granted under ESOP-2022, 10,000 under PSOP-2024, and 14,22,470 under ESOP-2025, to eligible employees.
Stock Option Grants Approved
Aavas Financiers has approved the grant of stock options under its existing Equity Stock Option Plan (ESOP) and Performance Stock Option Plan (PSOP) schemes. The decision was made by the Nomination and Remuneration Committee during its meeting held on November 11, 2025.
Details of Option Grants
The grants are distributed across three different schemes:
- Equity Stock Option Plan – 2022 (“ESOP-2022”): 3,01,230 options
- Performance Stock Option Plan – 2024 (“PSOP-2024”): 10,000 options
- Equity Stock Option Plan – 2025 (“ESOP-2025”): 14,22,470 options
Vesting Schedules
The vesting schedules vary depending on the specific plan:
ESOP 2022:
20% of options vest on each anniversary from the first to the fifth anniversary of the grant date.
PSOP 2024:
25% of options vest on each anniversary from the first to the fourth anniversary of the grant date.
ESOP 2025:
20% of options vest on each anniversary from the first to the fifth anniversary of the grant date.
Source: BSE
