IDFC FIRST Bank has announced the grant of 5,50,000 stock options to its eligible employees under the ‘IDFC FIRST Bank Limited – Employee Stock Option Scheme’. The decision was approved by the Nomination & Remuneration Committee of the Bank. The exercise price of these stock options has been determined, and they will vest equally over a period of four years, with an exercise period of three years from the vesting date.
Employee Stock Option Details
IDFC FIRST Bank announced on October 6, 2025, that it has granted 5,50,000 stock options to its eligible employees. These options are part of the ‘IDFC FIRST Bank Limited – Employee Stock Option Scheme’.
Vesting Schedule
The granted stock options will vest equally over a period of four years (25% each year). Employees will have an exercise period of three years from the date of respective vesting to exercise their options.
Source: BSE