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Bandhan Bank Ltd. ( (IN:BANDHANBNK) ) has provided an announcement.
Bandhan Bank Limited has announced the grant of 296,455 equity stock options under its Employee Stock Option Plan Series 1 to eligible employees. This initiative, approved by the Nomination and Remuneration Committee, is part of the bank’s strategy to incentivize its workforce and align their interests with the company’s growth objectives. The options, priced at Rs. 167.08 each, will vest over four years, enhancing employee engagement and potentially impacting the bank’s operational dynamics by fostering a sense of ownership among employees.
More about Bandhan Bank Ltd.
Bandhan Bank Ltd. operates in the banking industry, providing a range of financial services including retail banking, microfinance, and small and medium enterprise (SME) banking. The bank primarily focuses on serving the unbanked and underbanked segments of the Indian market, aiming to promote financial inclusion.
Average Trading Volume: 244,590
Technical Sentiment Signal: Sell
Current Market Cap: 269.3B INR
For a thorough assessment of BANDHANBNK stock, go to TipRanks’ Stock Analysis page.