Poonawalla Fincorp Limited has officially announced the issuance of 25,000 stock options to its eligible employees. Granted on April 24, 2026, these options fall under the company’s Employee Stock Option Plan-2024 (Scheme-II). The options are offered at an exercise price of Rs. 420.08 per share. This strategic move aims to further align the interests of the workforce with the long-term growth and success of the organization.
Stock Option Grant Details
The Nomination and Remuneration Committee of Poonawalla Fincorp has finalized the grant of 25,000 stock options under the designated ESOP-2024 Scheme-II, specifically identified as Tranche 41. The decision reflects the company’s commitment to incentivizing its team and fostering a culture of ownership among its staff.
Exercise Price and Vesting
Employees receiving these grants are eligible to exercise their options at a set price of Rs. 420.08 per share. The process of vesting for these options will adhere strictly to the pre-defined schedule established within the company’s ESOP-2024 Scheme-II framework. This issuance is compliant with all relevant share-based employee benefit standards, ensuring a transparent and structured approach to employee equity participation.
Source: BSE
