Fino Payments Bank Limited (FINOPB) — Announcement

· NSE Neutral
📢 Key Event
Board approves new employee stock option grants under ESOP 2020 and 2023
🔄 What Changed
New grants of 1,75,178 and 1,85,008 options added
🔮 What's Next
Options may be exercised within five years of vesting or three years after resignation
💡 Investor Takeaway
Shareholder dilution risk increases as up to 3,60,186 new shares could enter the market if all options are exercised.

Fino Payments Bank announced on July 1, 2026, that its Nomination & Remuneration Committee approved the grant of 1,75,178 stock options under the 2020 ESOP and 1,85,008 under the 2023 ESOP, allowing eligible employees to purchase shares at ₹143.29 and ₹107.47 per option respectively, with vesting over four years and exercise rights extending five years post-vesting or three years post-resignation.

📄 View Original Announcement (PDF)

About Fino Payments Bank Limited (FINOPB)

Financial Services · Banks · Listed on NSE

Market Cap: ₹992.55 Cr P/E: 18.9

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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