Poonawalla Fincorp grants 50,000 stock options under ESOP
Poonawalla Fincorp announced today that its Board of Directors' Nomination and Remuneration Committee has granted 50,000 stock options to eligible employees. The grant falls under the 'Employee Stock Option Plan-2024- Scheme- II' ("ESOP-2024 - Scheme - II") - Tranche - 37, at an exercise price of INR452.48 per option. The company clarified that the vesting schedule for these options is outlined in the ESOP-2024- Scheme- II documentation. This grant aligns with the Securities and Exchange Board of India (SEBI) (Share Based Employee Benefits & Sweat Equity) Regulations, 2021. The stock options were granted on June 30, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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