BSECompany Update3d ago · 17 Aug 2026, 04:21 pm
Grant of stock options under ESOP Scheme of the Bank
Ujjivan Small Finance Bank Ltd · 542904
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Ujjivan Small Finance Bank Ltd has granted 4,52,500 stock options under its ESOP Scheme 2019, with 20% vesting in each of the first three years and 30% in the fourth year, exercisable within 5 years from the date of vesting.
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Ujjivan Small Finance Bank Ltd - 542904 - Grant Of Stock Options Under ESOP Scheme Of The Bank
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USFB/CS/SE/2026-27/68
Date: August 17, 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 in its meeting held today on August
17, 2026, has approved a grant of 4,52,500 options under Bank ESOP Scheme 2019.
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
1. Brief details of options granted 4,52,500 granted under Bank ESOP Scheme 2019
2. Whether the scheme is in terms of SEBI Yes
(SBEB and Sweat Equity) Regulations, 2021
3. Total number of shares covered by these Each of the 4,52,500 granted options on vesting
options confers the right to exercise and subscribe for 1 fully
paid equity shares of the Bank
4. Pricing formula / Exercise Price Rs. 61.46 (3 months average of the volume weighted
average price)
As per the scheme document, exercise price is lower of
last trading price quoted on NSE on August 14, 2026
(closing price on the previous trading day immediately
preceding the proposed date of grant) or 3 months
average of the volume weighted average price of the
Bank’s shares.
5. Options vested / Vesting Schedule • Year 1 – 20%
• Year 2 – 20%
• Year 3 – 30%
• Year 4 – 30%
6. Time within which options may be exercised 5 years from the date of respective vesting
7. Option exercised / money realized by Not applicable
exercised of options / total number of shares
arising as a result of exercise of options /
options lapsed / variation of the terms of
options