rediff.com
REAL-TIME QUOTE
Enter Company or MF
e.g. Tata motors, Reliance MF, 500570
IDFC First Bank Ltd - Grant Of Stock Options Under IDFC FIRST Bank Employee Stock Option Scheme
Download announcement < Back
25 Jan 2022
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that in compliance with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, as amended from time to time, the Nomination &amp; Remuneration Committee on January 25, 2022 (Grant Date) has approved grant of 9,75,000 stock options to eligible employee under IDFC FIRST Bank Employee Stock Option Scheme. These stock options will vest equally over a period of five years (viz. 20% each year) and the exercise period of these options will be 3 years from date of respective vesting.
View all announcements for IDFC First Bank Ltd Source: BSE India