Aye Finance grants 12.63 lakh options under ESOP 2024
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.

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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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


































