PB Fintech Grants Stock Options Under ESOP 2021

PB Fintech has announced the grant of 18,782 stock options under its Employees Stock Option Plan 2021 (ESOP 2021) to eligible employees of its subsidiary. The Nomination and Remuneration Committee approved the grant on December 12, 2025. Each option allows allotment of one equity share with a face value of ₹2. No Key Managerial Personnel (KMPs) were included in the specific grant.

Stock Option Grant Details

On December 12, 2025, PB Fintech approved the grant of 18,782 stock options to eligible employees of its subsidiary under the PB Fintech Employees Stock Option Plan 2021 (ESOP 2021). This decision was made by the Nomination and Remuneration Committee (NRC).

Key Terms of the Grant

Each option, upon exercise, entitles the holder to the allotment of one equity share with a face value of ₹2. The exercise price is set at ₹1597.24 per option, calculated as 10% discount to the volume weighted average price of last three months preceding the grant date (December 11, 2025). The grant does not include any Key Managerial Personnel (KMPs) of the Company or its subsidiaries.

Vesting Schedule

The vested options can be exercised within five years from the date of respective year of vesting, according to the following schedule:

On completion of one year
20%

On completion of second year
20%

On completion of third year
20%

On completion of fourth year
20%

On completion of fifth year
20%

The stock options are exercisable upon written application by the employees and payment of the exercise price.

Source: BSE

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