RBL Bank grants ESOPs to employees, sets exercise price

RBL Bank Limited announced on September 20, 2025, that its Nomination and Remuneration Committee approved the grant of 265,000 stock options. These options are convertible into an equal number of equity shares of INR 10 each under the Employee Stock Option Plan 2018 (ESOP 2018). The exercise price per option is set at INR 271, based on the latest available closing price from the previous trading day on the National Stock Exchange of India Limited.

The granted options will vest in tranches over three years: 30% at the end of the first year, 30% at the end of the second year, and 40% at the end of the third year. Once vested, employees will have a five-year window to exercise these options, subject to the terms and conditions outlined in the ESOP 2018.

This grant is in accordance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The bank confirmed this information is publicly available on its official website.