The Nomination and Remuneration Committee (NRC) of Bandhan Bank Limited granted 8,300 Employee Stock Options (ESOPs) on July 17, 2026.
- Total ESOPs Granted: 8,300 options
- Face Value: Rs. 10 per share
- Exercise Price: Rs. 214.42 (Rupees Two Hundred Fourteen and Forty-Two Paisa Only) per option
- ESOP Plan: 'Bandhan Bank Employee Stock Option Plan Series 1' – Tranche 7
- Compliance: The plan complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (SEBI SBEBSE), having been formulated under the earlier SEBI (Share Based Employee Benefits) Regulations, 2014.
- Pricing Formula: The grant price is based on the latest available closing price on the National Stock Exchange of India Limited (NSE) from Thursday, July 16, 2026, which was the trading day immediately preceding the grant approval date and the exchange with the highest trading volume for the bank's shares.
- Vesting Schedule: The options vest in four equal tranches of 25% each:
- 25% vests after one year from the grant date
- 25% vests after two years from the grant date
- 25% vests after three years from the grant date
- 25% vests after four years from the grant date
- Exercise Period: A maximum of five years from the date of respective vesting.
- Significant Terms: Not applicable.
The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Section V-A of SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated July 11, 2023 (last updated January 30, 2026).
Additional Announcements:
There are no additional corporate announcements in this filing.