IDFC Bank Ltd grants 88 lacs options

Pursuant to IDFC Bank Employee Stock Option Scheme 2015 ('IDFC Bank - ESOS 2015'), the Bank has granted today, to its eligible employees 88 Lacs options equivalent to 88 Lacs equity shares at a price of Rs.47.40 per equity share. These options shall vest over a maximum period of 5 years and shall be exercisable within a period of 4 years from the date of vesting.

Shares of IDFC Bank Ltd was last trading in BSE at Rs.47.25 as compared to the previous close of Rs. 47.4. The total number of shares traded during the day was 640164 in over 1851 trades.

The stock hit an intraday high of Rs. 47.9 and intraday low of 47. The net turnover during the day was Rs. 30407059.

Source : Equity Bulls

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