Indiabulls Housing Finance grants 1.25 crore stock options under ESOS

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Capital Market
Last Updated : Oct 05 2020 | 9:31 AM IST
Indiabulls Housing Finance has granted under the Indiabulls Housing Finance Limited Employees Stock Option Scheme - 2013, 1,25,00,000 Stock Options representing an equal number of equity shares of face value of Rs. 2 each in the Company, at an exercise price of Rs. 200. The Stock Options so granted, shall vest within 3 years beginning from 05 October 2021, the first vesting date. The options vested under each of the slabs, can be exercised within a period of five years from the relevant vesting date.

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First Published: Oct 05 2020 | 9:05 AM IST

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