IndusInd Bank Grants 18,500 ESOPs to 5 Employees
ESOP / RSU / Share Allotment
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
24th Jun 2026
Key Quantitative Figures
- Number of Stock Options Granted: 18,500
- Number of Eligible Employees: 5
- Grant Price per Share: ₹905.45
- Equity Shares Upon Exercise: 18,500
Dates of Action
- Committee Approval Date: June 24, 2026
- Reference Price Date: June 23, 2026 (previous trading day)
Parties Involved
- Granting Entity: IndusInd Bank Limited
- Approving Authority: Compensation and Nomination & Remuneration Committee of the Bank
- Recipients: 5 Eligible Employees of the Bank
Terms of Grant
- Vesting Period: 3 years from date of grant
- Vesting Schedule: 33% after first year, 33% after second year, 34% after third year
- Exercise Period: 5 years from date of vesting
- Grant Price Determination: Based on closing price at the stock exchange with highest trading volume (NSE) on previous trading day (June 23, 2026)
Additional Information
- The disclosure has been hosted on the Bank's website at www.indusind.bank.in
- The letter is signed by Anand Kumar Das, Company Secretary
Corporate Details
- Corporate Office: Solitaire Corporate Park, Building No.7, Ground floor, Andheri –Ghatkopar Link Road, Chakala Andheri (E), Mumbai – 400 093