IDFC FIRST Bank has approved the grant of 8,20,000 stock options to new eligible employees under its Employee Stock Option Scheme. The decision was made by the Nomination & Remuneration Committee (NRC) and aims to incentivize, encourage, and attract talent. The options will vest equally over four years, with an exercise period of three years from the vesting date.
Employee Stock Option Grant
IDFC FIRST Bank announced the grant of employee stock options to new employees. On November 21, 2025, the Nomination & Remuneration Committee (NRC) approved the allocation of 8,20,000 stock options under the ‘IDFC FIRST Bank Limited Employee Stock Option Scheme’.
Details of the Scheme
The stock options are being granted to incentivize and retain talent within the organization. The options will vest equally over a period of four years (25% each year). There is an exercise period of three years from the date of vesting for these options.
Source: BSE