Bandhan Bank's NRC granted 10,000 ESOPs at Rs 176.13 per option under its Series 1 Plan - Tranche 7 on April 22, 2026.
The options vest in four equal annual tranches over four years with a five-year exercise period from each vesting date.
The grant price was set using the latest NSE closing price from April 21, 2026, complying with SEBI SBEBSE regulations.
Each option carries the right to be allotted one equity share of Rs 10 face value, with no other significant terms disclosed.