Aye Finance's Nomination Committee approved grant of 12,63,280 ESOP options to eligible employees under its 2024 plan on July 20, 2026.
Each option converts to one equity share of ₹2 face value at 95% of latest closing price on higher volume exchange.
Options vest between 1-4 years from grant date and can be exercised within 5 years from vesting date.
Shares issued upon exercise will be freely transferable and rank pari-passu with existing equity shares of company.