BSECompany Update5d ago · 16 Oct 2026, 06:06 pm
Intimation of ESOP Grant
Ujjivan Small Finance Bank Ltd · 542904
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Ujjivan Small Finance Bank Ltd has approved the grant of 1,32,77,429 options under Bank ESOP Scheme 2019 and 2,44,111 options under RSU Plan 2026 to employees.
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Ujjivan Small Finance Bank Ltd - 542904 - Intimation Of ESOP Grant
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USFB/CS/SE/2026-27/104
Date: October 16, 2026
National Stock Exchange of India Limited BSE Limited
Listing Department Listing Compliance
Exchange Plaza, C-1, Block G, Bandra Kurla Complex, P.J. Tower,
Bandra (E) Dalal Street, Fort,
Mumbai – 400 051 Mumbai – 400 001
Symbol: UJJIVANSFB Scrip Code: 542904
Dear Sir/Madam,
Sub: Intimation under Regulation 30 read with Schedule III of the Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015
Please be informed that the Nomination and Remuneration Committee of the Board today on October 16, 2026, has
approved a grant of 1,32,77,429 options under Bank ESOP Scheme 2019 and 2,44,111 options under RSU Plan 2026.
Disclosures required under Regulation 30 of the SEBI LODR, read with SEBI Master Circular No.
SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are enclosed as Annexure-1.
This intimation will also be available on the website of the Bank www.ujjivansfb.bank.in
We request you to take note of the above.
Thanking You,
Yours faithfully,
For UJJIVAN SMALL FINANCE BANK LIMITED
Sanjeev Barnwal
Company Secretary & Head of Regulatory Framework
Encl: Annexure 1
Annexure 1
Sr. Particulars ESOP Scheme 2019 RSU Plan 2026
1. Brief details of options granted 1,32,77,429 granted under Bank 2,44,111 granted under Bank RSU
ESOP Scheme 2019 Plan 2026
2. Whether the scheme is in terms Yes Yes
of SEBI (SBEB and Sweat
Equity) Regulations, 2021
3. Total number of shares covered Each of the 1,32,77,429 granted Each of the 2,44,111 granted
by these options options on vesting confers the options on vesting confers the
right to exercise and subscribe for right to exercise and subscribe for
1 fully paid equity shares of the 1 fully paid equity shares of the
Bank Bank
4. Pricing formula / Exercise Price Rs. 64.50 (closing price on the Rs. 10/- (Face Value)
previous trading day immediately
preceding the date of grant, i.e., As per Ujjivan Restricted Stock
on October 15, 2026) Units Plan – 2026, exercise price
shall be the face value of the Share
As per the Ujjivan Small Finance as on date of Exercise of RSU.
Bank – Employee Stock Option
Plan 2019, being the lower of last
trading price quoted on NSE on
October 15, 2026 (closing price
on the previous trading day
immediately preceding the date of
grant) or 3 months average of the
volume weighted average price of
the Bank’s shares.
5. Options vested / Vesting • Year 1 – 20% • Year 1 – 20%
Schedule • Year 2 – 20% • Year 2 – 20%
• Year 3 – 30% • Year 3 – 30%
• Year 4 – 30% • Year 4 – 30%
Note: Vesting of RSUs will be
subject to the vesting conditions as
prescribed under the RSU Plan
2026
6. Time within which options may 5 years from the date of 5 years from the date of respective
be exercised respective vesting vesting
7. Option exercised / money Not applicable Not applicable
realized by exercised of options
/ total number of shares arising
as a result of exercise of options
/ options lapsed / variation of the
terms of options