RBL Bank grants stock options to employees under ESOP 2018
RBL Bank announced on November 15, 2025, that its Nomination and Remuneration Committee approved the grant of 708,900 stock options. These options are convertible into an equal number of equity shares, each with a face value of INR 10, under the Employee Stock Option Plan 2018.
The exercise price for these options is set at INR 318.65 per option, based on the closing price on November 14, 2025, on the National Stock Exchange of India Limited. The options will vest over three years, with 30% vesting at the end of the first year, another 30% at the end of the second year, and 40% at the end of the third year.
Employees can exercise these options within a five-year period from their respective vesting dates, subject to the terms and conditions outlined in the ESOP 2018. This move aligns with the bank's adherence to the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
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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