BAJAJ FINANCE LTD. (BAJFINANCE)
Intimation of grant of options pursuant to Employee Stock Option Scheme, 2009.
Bajaj Finance Limited's Compensation Committee approved the grant of 1,48,07,966 stock options to eligible employees under the Employee Stock Option Scheme, 2009. The options vest between 1 to 5 years and can be exercised within five years from vesting, with the exercise price based on the latest closing market price prior to the grant date. These shares, upon exercise, will rank pari-passu with existing equity shares and have no lock-in period.
Source: Original filing PDF
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