Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
The latest announcement is out from Poonawalla Fincorp Limited ( (IN:POONAWALLA) ).
Poonawalla Fincorp Limited’s Nomination and Remuneration Committee has approved the grant of 25,000 stock options to eligible employees under its Employee Stock Option Plan-2024, Scheme-II, Tranche 41, at an exercise price of Rs. 420.08 per option. The options will vest according to the plan’s prescribed schedule and are structured in compliance with SEBI’s regulations on share-based employee benefits and sweat equity, highlighting the company’s continued use of equity-linked incentives to align employee interests with shareholder value and support long-term growth objectives.
More about Poonawalla Fincorp Limited
Poonawalla Fincorp Limited is a non-banking financial company operating in India, offering retail and MSME-focused lending and related financial services. The company targets a broad base of individual and small business borrowers and is listed on both the National Stock Exchange of India and BSE, reflecting its role in the country’s formal credit market.
Average Trading Volume: 111,862
Technical Sentiment Signal: Buy
Current Market Cap: 369.8B INR
For an in-depth examination of POONAWALLA stock, go to TipRanks’ Overview page.