Moneycontrol
SENSEX NIFTY
YOU ARE HERE >  Moneycontrol Markets > Announcements Finance - InvestmentsAnnouncement - Bajaj Finserv
Bajaj Finserv
BSE: 532978NSE: BAJAJFINSVISIN: INE918I01018

21st-May-2020 13:44Source: BSE

Bajaj Finserv - Announcement under Regulation 30 (LODR)-Meeting Updates

Intimation of fourth tranche of grant of Stock Options pursuant to Bajaj Finserv Limited Employee Stock Option Scheme 2018 (''BFS-ESOS'')

This is to inform you that pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9 September 2015 and subject to the provisions of SEBI (Share Based Employee Benefits)
Regulations, 2014, the Compensation Committee of the Board, at its meeting held on 21 May 2020, has granted 4,88,575 stock options convertible into 4,88,575 equity shares of
Rs. 5 each to the eligible employees of the Company and _ its subsidiaries under the BFS-ESOS at an exercise price of Rs. 4,702.05 (being the closing market price as on
20 May 2020) per option. Each of the stock option entitles the holder to apply for one equity share of the Company of face value of Rs. 5 each.

Board Meeting (Bajaj Finserv)

Meeting Date

Remark

2020-07-21

Quarterly Results

Sections