BSECompany Update3d ago · 12 Oct 2026, 01:34 pm
RBL Bank Limited informs the exchange about Grant of ESOP
RBL Bank Ltd · 540065
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RBL Bank Ltd has informed the exchange about the grant of 56,51,643 stock options to eligible employees under the Employee Stock Option Plan 2013 and Employee Stock Option Plan 2018 at an exercise price of Rs. 418.00 per option.
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RBL Bank Ltd - 540065 - RBL Bank Limited Informs The Exchange About Grant Of ESOP
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October 12, 2026
BSE Limited, National Stock Exchange of India Limited,
1st Floor, Phiroze Jeejeebhoy Towers, 'Exchange Plaza', C-1 Block G,
Dalal Street, Bandra Kurla Complex, Bandra (E),
Mumbai – 400001 Mumbai – 400051
Scrip Code: 540065 Scrip Symbol: RBLBANK
Subject: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”)
Dear Sir/Madam,
We wish to inform you that the Nomination and Remuneration Committee at its meeting held
on October 12, 2026 (Grant Date) has approved the grant of 56,51,643 stock options
convertible into 56,51,643 equity shares of Rs. 10/- each to the eligible employees in terms of
the Employee Stock Option Plan 2013 and Employee Stock Option Plan 2018 of the Bank
(ESOP 2013 and ESOP 2018) at an Exercise Price of Rs. 418.00/- per option being the latest
available closing price on October 09, 2026, i.e. previous trading day prior to the Grant Date
on National Stock Exchange of India Limited being the Stock Exchange which recorded the
higher trading volume.
These options will vest with a percentage of 30%, 30% and 40% at the end of the first, second
and third year respectively and are exercisable within a period of five years from the date of
vesting. Details of the same is enclosed in Annexure I.
In compliance with the Regulation 46(2) of the Regulations, the information is being hosted
on the Bank’s Website at www.rbl.bank.in.
Kindly take the same on record.
Thanking you.
Yours faithfully,
For RBL Bank Limited
Niti Arya
Company Secretary
www.rbl.bank.in
RBL Bank Limited
Controlling Office: One World Center, Tower 2B, 6th Floor, 841 Senapati Bapat Marg, Lower Parel, Mumbai - 400 013, Maharashtra, India I Tel:+91 22 43020600
Registered Office: 1st Lane, Shahupuri, Kolhapur - 416001, India I Tel.: +91 231 6650214
CIN: L65191PN1943PLC007308 . E-mail: customercare@rbl.bank.in
Annexure I
1. Brief details of options granted: Options have been granted under ESOP 2013 and
ESOP 2018 as approved by the Shareholders.
2. Whether the scheme is in terms of Securities and Exchange Board of India (Share
Based Employee Benefits and Sweat Equity) Regulations, 2021 [SEBI (SBEB)
Regulations] (if applicable). The ESOP 2013 and ESOP 2018 was formulated based
on SEBI (SBEB) Regulations and was further amended to align with the requirements
of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
3. Total number of shares covered by these options: Nomination and Remuneration
Committee at its meeting held on October 12, 2026 (Grant Date) has approved the
grant of 56,51,643 stock options convertible into 56,51,643 equity shares of Rs. 10/-
each to the eligible employees in terms of the ESOP 2013 and ESOP 2018.
4. Pricing formula: Exercise Price is the latest available closing price on the previous
trading day prior to the Grant Date on the Recognized Stock Exchange which records
the higher trading volume. In line with the same, the Exercise Price is Rs. 418.00 per
option being the latest available closing price on October 09, 2026, i.e. previous trading
day prior to the Grant Date on National Stock Exchange of India Limited being the
Stock Exchange which recorded the higher trading volume.
5. Options vested: These options will vest after one year with a percentage of 30%, 30%
and 40% at the end of the first, second and third year respectively.
6. Time within which option may be exercised: Within a period of five years from the date
of vesting subject to other terms and conditions provided in the ESOP 2013 and ESOP
2018.
www.rbl.bank.in
RBL Bank Limited
Controlling Office: One World Center, Tower 2B, 6th Floor, 841 Senapati Bapat Marg, Lower Parel, Mumbai - 400 013, Maharashtra, India I Tel:+91 22 43020600
Registered Office: 1st Lane, Shahupuri, Kolhapur - 416001, India I Tel.: +91 231 6650214
CIN: L65191PN1943PLC007308 . E-mail: customercare@rbl.bank.in