Poonawalla Fincorp Announces 22,30,000 Stock Options to Employees under ESOP 2024 Scheme-II

The decision to grant ESOPs was taken by the Nomination and Remuneration Committee of the Board of Directors on 17 June, 2024

As per an exchange filing, Poonawalla Fincorp is granting stock options under the Employee Stock Option Plan-2024 Scheme-II (ESOP-2024 Scheme-II). The decision to grant ESOPs was taken by the Nomination and Remuneration Committee of the Board of Directors on 17 June, 2024.

The move aligns and complies with the periodically updated SEBI (Share Based Employee Benefits & Sweat Equity) Regulations, 2021. The objective of the company is to reward the hard work of the employees and also retain its ace talent by giving them an opportunity to be part-owners in the company’s growth.

Souce: HR Katha

Leave A Reply