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INDUSIND BANK LTD. - Grant of Options
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28 May 2015
Indusind Bank Ltd has informed BSE that the Bank has, on May 22, 2015 (Grant Date), made a Grant of 52,600 Options, in aggregate, under &quot;Indusind Bank Employees Stock Option Scheme - 2007&quot; to 8 employees of the Bank, subject to necessary approvals, in accordance with the Securities and Exchange Board of India (ESOS and ESPS) Guidelines, 1999, including any amendments therein.&lt;BR&gt;&lt;BR&gt;The aforesaid Options would vest equally over a period of 3 years from the date of grant, spread @ 33% - 33% - 34% at intervals of one year from the date of grant. The Options so granted and vested would have to be exercised within a period of five years from the date of vesting of such Options.
View all announcements for INDUSIND BANK LTD. Source: BSE India