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Axis Bank Limited's Nomination and Remuneration Committee approved the grant of stock options on July 11, 2024. A total of 86,261 stock options were granted to eligible employees under the Axis Bank Employees Stock Option Scheme 2000-01, with an exercise price of Rs. 1,291.65 per option.
| Date | 11 Jul 2024 |
| Time | 09:30:52 |
| Category | Miscellaneous |
| ID | 0381W |
AXIS/CO/CS/221/2024-25
July 11, 2024
Dear Sir/Madam,
|
REF.: |
DISCLOSURE UNDER REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 |
|
SUB.: |
GRANT OF STOCK OPTIONS |
This is to inform you that the Nomination and Remuneration Committee at its meeting held today i.e., July 11, 2024, has approved grant of 86,261 stock options to the eligible employee(s) of the Bank at an exercise price of Rs. 1,291.65 per option under the Axis Bank Employees Stock Option Scheme 2000-01.
Disclosures as required under SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, is enclosed as Annexure A.
This is for your information and records.
Thanking You.
Yours faithfully,
For Axis Bank Limited
Sandeep Poddar
Company Secretary
http://www.rns-pdf.londonstockexchange.com/rns/0381W_1-2024-7-11.pdf