PB Fintech grants over 5.9 lakh employee stock options
PB Fintech Limited announced its Nomination and Remuneration Committee approved the grant of 592,250 stock options under its Employees Stock Option Plan 2021 (ESOP 2021). These options are for eligible employees of the company and its subsidiaries, with the grant effective August 26, 2025. No key managerial personnel were included in this specific grant.
Each option, upon exercise, will entitle the holder to one equity share of face value INR 2/-. The exercise price per option is set at INR 1,651.01/-, representing a 10% discount to the volume-weighted average price over the three months preceding the effective grant date on the stock exchange with the highest trading volume.
The options will vest over five years, with 20% vesting each year, contingent on continued employment. Vested options are exercisable within five years from their respective vesting year. The company will receive the exercise price upon option exercise, along with any applicable perquisite tax.
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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