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Suryoday Small Finance Bank Limited ( (IN:SURYODAY) ) just unveiled an update.
Suryoday Small Finance Bank Limited has announced the approval of 530,357 Employee Stock Options (ESOPs) under its 2019 ESOP Scheme, as approved by the Nomination and Remuneration Committee. This move is aimed at incentivizing eligible employees, with each option priced at Rs. 181.30. The ESOPs are structured to vest over a period of up to five years, with specific performance-based conditions, and must be exercised within three years of vesting. This initiative is expected to enhance employee engagement and align their interests with the company’s growth objectives.
More about Suryoday Small Finance Bank Limited
Suryoday Small Finance Bank Limited operates in the financial services industry, focusing on providing banking services to underserved and unbanked segments of the population. The bank offers a range of financial products including savings accounts, loans, and other banking services, with a market focus on promoting financial inclusion.
Average Trading Volume: 23,435
Technical Sentiment Signal: Sell
Current Market Cap: 13.22B INR
For an in-depth examination of SURYODAY stock, go to TipRanks’ Overview page.