IDFC Bank Limited grants 26.8 lakh options

On May 29, 2017, IDFC Bank Limited granted 26.8 lakh options equivalent to 26.8 lakh equity shares at a grant price of Rs.58.35 per equity share to 'Employees' as defined under IDFC Bank Employee Stock Option Scheme 2015 ('IDFC Bank - ESOS 2015').

These options shall vest over a maximum period of 5 years and shall be exercisable within a maximum period of 4 years from the date of vesting.

Source : Equity Bulls

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