Bajaj Finance Board approves 9.36 lakh grant of stock options; Stock gains in trade today

Bajaj Finance Board approves 9.36 lakh grant of stock options.

Apr 28, 2021 09:04 IST India Infoline News Service

Bajaj Finance has informed the Exchange regarding the grant of Stock Options pursuant to Employee Stock Option Scheme, 2009.

On Tuesday, April 26, 2021 the Company granted 9,36,643 options to eligible employees of the Company and its subsidiaries under Employee Stock Option Scheme, 2009.

The options have been granted at the market price as defined under SEBI Regulations, 2014 @ Rs4,736.55 per option.

Stock Options are exercisable within 5 years from the respective date of vesting.

On Wednesday trading session, Bajaj Finance was currently trading at Rs4,968.55 per piece up by Rs95.1 or 1.95% on Sensex.

Previously, the  scrip was closed at Rs4,873.45 per piece on the BSE.

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