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IIAS opposes Ujjivan SFB RSU plan over disclosure concerns

Markets-Economic Times · 1h ago · 🇮🇳 India
IIAS opposes Ujjivan SFB RSU plan over disclosure concerns

Proxy advisory firm IIAS opposed Ujjivan Small Finance Bank’s proposed RSU scheme, citing inadequate clarity on vesting conditions and performance metrics. The bank responded that vesting depends on exceeding revenue and profit targets and satisfactory individual performance ratings.

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