BANK NEWS
Bandhan Bank grants 2,49,700 equity stock options to eligible employees
New Delhi: Kolkata headquartered Bandhan Bank Limited, informed that the Nomination and Remuneration Committee at its meeting held on November 20, 2023, granted 2,49,700 equity stock options of the face value of Rs. 10 each (‘ESOPs’), at the grant price of Rs. 217 per option to the eligible employees of the Bank.
Read Also : NMDC Best Ever Production Upto Nov 232,49,700 equity shares of Rs. 10 each of the Bank. Each stock option carries the right to apply for and be allotted 1 (one) equity share of face value of Rs. 10 each of the Bank.
Read Also : NTPC Records Remarkable Growth in Coal Despatch and ProductionMoreover, the exercise period shall be a maximum of five years from the date of the respective vesting of Options.
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