Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Bandhan Bank Ltd. ( (IN:BANDHANBNK) ) just unveiled an announcement.
Bandhan Bank Ltd. has announced the grant of 1,17,26,364 equity stock options to eligible employees under its Employee Stock Option Plan Series 1. This move, approved by the Nomination and Remuneration Committee, is part of the bank’s strategy to incentivize and retain talent, potentially enhancing employee engagement and aligning their interests with the bank’s long-term goals. The options are priced at Rs. 135.34 each and will vest over a four-year period, with a maximum exercise period of five years from the respective vesting dates.
More about Bandhan Bank Ltd.
Bandhan Bank Ltd. operates in the banking industry, providing a range of financial services including retail banking, microfinance, and other banking products. The bank focuses on serving underbanked and underserved segments in India, with a strong presence in rural and semi-urban areas.
YTD Price Performance: -15.46%
Average Trading Volume: 427,660
Current Market Cap: 218B INR
For a thorough assessment of BANDHANBNK stock, go to TipRanks’ Stock Analysis page.