IndusInd Bank Grants 81,500 ESOPs to Employees Under Employee Stock Option Scheme

Mumbai, March 18, 2026 – IndusInd Bank Limited has approved the grant of 81,500 Stock Options to five eligible employees under its Employee Stock Option Scheme (ESOP). The announcement was made following approval by the Compensation and Nomination & Remuneration Committee of the bank.

These stock options are convertible into 81,500 equity shares of the bank upon exercise, reflecting IndusInd Bank’s commitment to rewarding and retaining top talent.

Key Details of the ESOP Grant

• Number of Stock Options: 81,500

• Eligible Employees: 5

• Grant Price: Rs. 820.85 per share (based on NSE close price on March 17, 2026)

• Vesting Period: 3 years (33%, 33%, 34% annually from date of grant)

• Exercise Period: 5 years from date of vesting

• Reference: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

The grant aims to align employee interests with shareholder value, encouraging long-term commitment and performance.

Strategic Significance

IndusInd Bank’s ESOP program is designed to attract, retain, and motivate high-performing employees while providing them with an opportunity to participate in the growth and profitability of the bank. This initiative reinforces the bank’s focus on rewarding talent and strengthening organizational loyalty.

An official statement noted that a copy of the ESOP grant letter has been hosted on the bank’s website for transparency.