IDFC FIRST Bank has granted 80,00,000 stock options to junior and middle management employees. The grant, approved on October 15, 2025, aims to encourage and attract talent. The options will vest equally over four years, with 25% vesting each year. There will be an exercise period of three years from the date of vesting.
Employee Stock Option Grant
IDFC FIRST Bank announced the grant of 80,00,000 stock options to its junior and middle management employees. This initiative aims to motivate employees and attract new talent to the organization.
Key Details of the Grant
The grant was approved by the Nomination & Remuneration Committee of the Bank during its meeting held on October 15, 2025. The stock options are granted under the ‘IDFC FIRST Bank Limited – Employee Stock Option Scheme’ at Face Value.
Vesting Schedule
The stock options will vest equally over a period of four years, with 25% vesting each year. Employees will have an exercise period of 3 years from the date of respective vesting.
Source: BSE
