Indusind Bank Ltd (INDUSINDBK)
Intimation with regards to Grant of options to Banks Employees is attached.
IndusInd Bank Limited has granted 1,050,000 stock options to 130 eligible employees under its Employee Stock Option Scheme. The options have a grant price of Rs. 860.35 per share, a vesting period of 3 years with staggered vesting, and an exercise period of 5 years from the date of vesting. This action reflects the bank's ongoing efforts to incentivize and retain key employees.
Source: Original filing PDF
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