Bajaj Finance Employee Stock Options
Bajaj Finance Limited granted 1,48,07,966 stock options to employees under its ESOP Scheme 2009. Each option is convertible into one equity share of Re. 1 face value. Options vest between one and five years from the grant date, with an exercise price linked to the latest market closing price.
- Execution
- Vesting period: 1 to 5 years; Exercise period: 5 years from vesting