FilingReader Intelligence

PB Fintech grants 18,782 stock options to subsidiary employees

December 12, 2025 at 01:49 PM UTCBy FilingReader AI

PB Fintech Limited has announced the grant of 18,782 stock options to eligible employees of its subsidiary company under the PB Fintech Employees Stock Option Plan 2021 ("ESOP 2021"). The grant, approved by the Nomination and Remuneration Committee via a circular resolution on December 12, 2025, excludes key managerial personnel of both the company and its subsidiaries. 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 a 10% discount to the volume-weighted average price of the last three months preceding December 11, 2025, on the stock exchange with the highest trading volume, amounting to INR 1597.24/- per option. The company will receive the exercise price and an amount equivalent to the perquisite tax at the time of exercise.

The vesting schedule for these options is spread over five years, with 20% vesting annually upon completion of each year, provided continued uninterrupted employment with the company or its subsidiaries. Vested options are exercisable within five years from their respective vesting year.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:POLICYBZRBombay Stock Exchange

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