Poonawalla Fincorp Limited has announced the grant of 2,125,000 stock options to eligible employees under its Employee Stock Option Plan (ESOP) 2024 – Scheme II. Approved by the Nomination and Remuneration Committee on May 04, 2026, these options, identified as Tranche 42, are available at an exercise price of Rs 418.60 per option, in accordance with the company’s long-term employee incentive structure.
Grant Details and Exercise Price
On May 04, 2026, the Nomination and Remuneration Committee of Poonawalla Fincorp Limited formalized the grant of 2,125,000 stock options. These options represent a new tranche (Tranche 42) issued under the ESOP-2024 Scheme II framework. Eligible employees are offered these options at an exercise price of Rs 418.60, reflecting the company’s commitment to aligning employee interests with shareholder value.
Vesting and Incentive Strategy
The granted options are subject to a specific vesting schedule as outlined in the company’s 2024 Scheme II documentation. By utilizing share-based incentives, the company aims to retain top talent and drive organizational performance. All grants have been issued in full compliance with relevant statutory guidelines governing share-based employee benefits, ensuring transparency and institutional adherence as the company continues to scale its operations.
Source: BSE
