IndusInd Bank’s Compensation and Nomination & Remuneration Committee approved the grant of 95,000 Stock Options to 5 eligible employees. These options are convertible into 95,000 equity shares of the bank upon exercise, as per the ESOP Scheme. The grant price is set at ₹739.50 per share, aligned with the closing price on October 16, 2025.
Stock Option Grant Approved
IndusInd Bank has announced the grant of stock options to its employees. The Compensation and Nomination & Remuneration Committee approved the allocation of 95,000 Stock Options on October 17, 2025. These options will translate into 95,000 equity shares for 5 eligible employees upon exercise, in line with the Employee Stock Option Scheme (ESOP).
Key Terms of the Grant
The main terms of the stock option grant are as follows:
Grant Price
The Grant Price has been fixed at ₹739.50 per share. This price is based on the closing price on the NSE from October 16, 2025, which represents the previous trading day’s closing price with the highest trading volume.
Vesting Period
The vesting period for these stock options is 3 years from the date of grant. The vesting is spread across the three years as follows: 33%, 33%, and 34% vested at one-year intervals.
Exercise Period
The exercise period for the granted stock options will be 5 years from the date of vesting.
Source: BSE