IDFC First Bank grants stock options

26 Oct 2022 , 01:33 AM

IDFC First Bank has approved grant of 8 00000 stock options to eligible employee under IDFC FIRST Bank Employee Stock Option Scheme These stock options will vest equally over a period of five years viz 20Percentage each year and the exercise period of these options will be 3 years from date of respective vesting Further during the quarter ended September 30 2022 total 2 71 23071 stock options granted to employees of the Bank under IDFC FIRST Bank Employee Stock Option Scheme stands lapsed terminated and cancelled as applicable and the said stock options would be available for grant re-issue under the Scheme