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ESAF Small Finance Bank informs about allotment under ESOP

24 Jan 2025 Evaluate
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (LODR) and SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (SEBI (SBEB & SE) Regulations, 2021), ESAF Small Finance Bank has informed that the Nomination, Remuneration and Compensation Committee of the Board of Directors of the ESAF Small Finance Bank on January 24, 2025 has allotted 24,331 (Twenty Four Thousand Three Hundred and Thirty One) equity shares of face value of Rs 10 each to eligible employees upon exercise of options vested under ESAF Small Finance Bank Employee Stock Option Plan-2019 (ESOP 2019). The details as required under the Regulation 10(c) read with Part E of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 is enclosed as Annexure - I.

The above information is a part of company’s filings submitted to BSE.

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