Bandhan Bank grants 8,300 ESOPs to eligible employees
Bandhan Bank granted 8,300 equity stock options to eligible employees under ESOP Series 1 Tranche 7 at a grant price of Rs. 214.42 per option. The options, with a face value of Rs. 10 each, will vest in equal installments over four years. The grant was approved by the Nomination and Remuneration Committee on July 17, 2026.
*this image is generated using AI for illustrative purposes only.
Bandhan Bank granted 8,300 equity stock options to eligible employees under its Bandhan Bank Employee Stock Option Plan Series 1. The options carry a face value of Rs. 10 each and were granted at a price of Rs. 214.42 per option. The grant was approved by the bank's Nomination and Remuneration Committee on July 17, 2026.
The options were priced based on the closing price on the National Stock Exchange of India Limited on July 16, 2026, the trading day preceding the grant. Each option entitles the holder to one equity share. The scheme is compliant with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
The vesting schedule is structured over four years, with 25% of the options vesting annually from the date of grant. Once vested, the options can be exercised within a maximum period of five years from the date of respective vesting.
Key Details of the Grant
| Parameter | Details |
|---|---|
| Total options granted | 8,300 |
| Face value per option | Rs. 10 |
| Grant price per option | Rs. 214.42 |
| Pricing basis | NSE closing price on July 16, 2026 |
| Vesting period | 4 years (25% annually) |
| Exercise period | 5 years from vesting date |
The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The bank's website will host the detailed disclosure.
Historical Stock Returns for Bandhan Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.85% | -3.39% | -0.70% | -7.54% | +1.44% | -39.06% |
How will this ESOP grant impact Bandhan Bank's employee retention and talent acquisition strategies in the competitive banking sector?
What is the expected dilution in existing shareholders' equity once all 8,300 options are exercised?
Could this move signal the start of a broader series of ESOP grants as part of the bank's long-term compensation strategy?
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