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Bandhan Bank Ltd. ( (IN:BANDHANBNK) ) just unveiled an announcement.
Bandhan Bank Limited has announced the grant of 643,983 equity stock options to its Executive Directors under the Bandhan Bank Employee Stock Option Plan Series 1. This move is part of the bank’s strategy to incentivize its leadership and align their interests with the company’s long-term goals. The stock options, which are priced at Rs. 166.99 each, will vest over a period of four years, with a maximum exercise period of five years. This initiative is expected to enhance executive commitment and potentially improve the bank’s performance and market position.
More about Bandhan Bank Ltd.
Bandhan Bank Limited operates in the banking industry, providing a range of financial services including retail banking, microfinance, and small and medium enterprise (SME) banking. The bank is known for its focus on financial inclusion, particularly in underserved markets across India.
Average Trading Volume: 274,198
Technical Sentiment Signal: Sell
Current Market Cap: 269B INR
See more insights into BANDHANBNK stock on TipRanks’ Stock Analysis page.