Aye Finance grants 12.63 lakh options under ESOP 2024

1 min read     Updated on 20 Jul 2026, 08:35 PM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

Aye Finance's Nomination and Remuneration Committee approved the grant of 12,63,280 options to eligible employees under the ESOP 2024 plan. The options are priced at 95% of the closing share price on the grant date and will vest over a period of one to four years.

powered bylight_fuzz_icon
46105493

*this image is generated using AI for illustrative purposes only.

Aye Finance has approved the grant of 12,63,280 options to eligible employees under its Aye Finance Employee Stock Option Plan 2024 (ESOP 2024). The decision was taken by the company's Nomination and Remuneration Committee during a meeting held on July 20, 2026. Each option is convertible into one equity share with a face value of ₹2.

The exercise price for these options has been set at 95% of the latest available closing price of the company's shares on the stock exchange where they are listed, as of the grant date. In instances where the shares are listed on multiple exchanges, the closing price on the recognized stock exchange with the higher trading volume on that date will be considered to determine the exercise price.

The options will vest over a period ranging from a minimum of one year to a maximum of four years from the date of the grant. Once vested, the options can be exercised within a period of five years from the date of vesting. The ESOP 2024 is administered by the Nomination and Remuneration Committee and is implemented through the direct route for the fresh allotment of shares.

Equity shares issued upon the exercise of these vested options will rank pari-passu with all other existing equity shares of the company from the date of allotment. These shares will be freely transferable and will not be subject to any lock-in period restrictions, except as may be required under applicable laws.

The regulatory disclosure was made in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, and the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Key Details of ESOP 2024 Grant

Particulars Details
Options Granted 12,63,280
Convertible Shares 12,63,280 equity shares
Face Value ₹2 per share
Exercise Price 95% of closing price on grant date
Vesting Period 1 to 4 years from grant date
Exercise Period 5 years from vesting date

Historical Stock Returns for Aye Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-6.61%+4.69%+5.44%+37.02%+37.02%+37.02%

How will the issuance of these new shares impact Aye Finance's earnings per share (EPS) upon conversion?

What is the expected retention rate of employees benefiting from this ESOP plan over the 1-4 year vesting period?

Could this grant signal a broader trend of increased ESOP utilization within the NBFC sector to attract talent?

Aye Finance to host Q1FY27 earnings call on July 23

1 min read     Updated on 15 Jul 2026, 06:06 PM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

Aye Finance Limited will conduct an earnings conference call on July 23, 2026, at 10:00 AM IST to deliberate on business strategy and outlook post the Q1FY27 results announcement. The session will be led by top executives including the Managing Director and CFO.

powered bylight_fuzz_icon
45664592

*this image is generated using AI for illustrative purposes only.

Aye Finance Limited will host an earnings conference call on July 23, 2026, to discuss its business strategy and outlook following the declaration of its Q1FY27 results. The event is scheduled for 10:00 AM IST and will provide insights into the company's performance and future direction.

Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company informed the exchanges about the upcoming interaction. The call will feature key management personnel, including Mr. Sanjay Sharma – Managing Director, Mr. Niraj Kumar Kaushik – Deputy CEO, Mr. Gaurav Seth – Chief Financial Officer, and Mr. Sovan Satyaprakash – Chief of Strategy and IR.

Participants can join the discussion via various access numbers provided for different regions. The details for the conference call are outlined below:

Category Details
Date / Time Thursday, 23rd July 2026 at 10:00 AM IST (HK/Singapore – 12:30pm, UK – 05:30am, New York – 12:30am)
India (Universal Access) +91 22 6280 1259 / +91 22 7115 8160
USA (Toll-free) 18667462133
UK (Toll-free) 08081011573
Singapore (Toll-free) 8001012045
Hong Kong (Toll-free) 800964448

For further information regarding the earnings call, shareholders and investors may contact Viral Shah at +91 22 4646 4781 or via email at viral.shah@iiflcap.com , or Shalin Kapadia at +91 22 4646 4760 or via email at shalin.kapadia@iiflcap.com .

Historical Stock Returns for Aye Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-6.61%+4.69%+5.44%+37.02%+37.02%+37.02%

What specific growth drivers does Aye Finance anticipate for FY27?

How will the company navigate potential regulatory changes in the microfinance sector?

What are the expected trends in asset quality and non-performing assets for the coming quarters?

More News on Aye Finance

1 Year Returns:+37.02%