IndusInd Bank has granted 68,000 stock options to 8 eligible employees under its Employee Stock Option Scheme (ESOP). The grant was approved on September 22, 2025. The grant price is Rs. 744.40 per share, based on the closing price on September 19, 2025. The vesting period is 3 years, with vesting occurring in three tranches of 33%, 33% and 34%.
ESOP Grant Details
IndusInd Bank’s Compensation and Nomination & Remuneration Committee approved the grant of 68,000 stock options to eligible employees on September 22, 2025. These options are convertible into equity shares of the bank upon exercise, offering a stake in the company to its workforce.
Key Terms of the Grant
Here are the main terms of the stock option grant:
Grant Price
The grant price is set at Rs. 744.40 per share. This price is based on the closing price of IndusInd Bank shares on the National Stock Exchange (NSE) as of September 19, 2025. This date represents the previous trading day, and the price reflects the stock exchange’s highest trading volume.
Vesting Period
The vesting period for these stock options is 3 years from the date of the grant. Vesting occurs in three stages: 33%, 33%, and 34%, each vesting after an interval of one year from the date of the grant.
Exercise Period
The period during which the vested options can be exercised is 5 years from the date of vesting.
Source: BSE
