IndusInd Bank grants 68,000 stock options to eight employees

IndusInd Bank Limited, in a filing dated September 22, 2025, announced that its compensation and nomination & remuneration committee approved the grant of 68,000 stock options. These options are convertible into 68,000 equity shares of the bank upon exercise and have been allocated to eight eligible employees under the ESOP Scheme.

The grant price for these options is Rs. 744.40 per share, determined by the close price on the National Stock Exchange (NSE) on Friday, September 19, 2025. This price corresponds to the previous trading day's close price at the stock exchange with the highest trading volume.

The options come with a vesting period of three years from the date of grant, with the vesting spread at 33%, 33%, and 34% at one-year intervals. The exercise period for these vested options is set at five years from the date of vesting.