Key Action and Date

The Compensation and Nomination & Remuneration Committee of IndusInd Bank Limited approved the grant of stock options on October 22, 2026.

Grant Details

  • Number of Options Granted: 100,000 stock options
  • Conversion Terms: Each option convertible into 1 equity share of the Bank upon exercise
  • Total Potential Equity Shares: 100,000 equity shares
  • Eligible Employees: 11 employees

Financial Terms

  • Grant Price: ₹849.55 per share
  • Pricing Basis: Close price on NSE on Wednesday, October 21, 2026 (previous trading day)
  • Pricing Reference: Stock exchange with highest trading volume

Vesting Schedule

  • Vesting Period: 3 years from date of grant
  • Vesting Schedule: Graded vesting at 33%, 33%, and 34% intervals
  • Vesting Intervals: Annual intervals from date of grant

Exercise Terms

  • Exercise Period: 5 years from date of vesting

Additional Information

A copy of this letter has been hosted on the Bank's website at www.indusind.bank.in.