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HDFC AMC grants employee stock options and PSUs

October 15, 2025 at 05:19 AM UTCBy FilingReader AI

HDFC Asset Management Company Limited (HDFC AMC) has approved the grant of 19,730 employee stock options (Options) and 7,570 performance-linked stock units (PSUs) under its ESOP & PSU Scheme – 2025. This aggregates to 27,300 equity shares, each with a face value of INR 5. The grant was approved by the nomination & remuneration committee on October 15, 2025, following shareholder approval via postal ballot on June 6, 2025.

The Options were granted at an exercise price of INR 5,594 per Option, based on the latest available closing price of the company's equity shares on the National Stock Exchange of India Limited as of October 14, 2025. The PSUs were granted at INR 5 per PSU, reflecting the face value of the company's equity shares. Vesting of both Options and PSUs will commence after one year from the grant date and will occur over a four-year period, with different vesting schedules for Options (10%, 20%, 30%, 40%) and PSUs (0%, 0%, 30%, 70%).

All vested Options must be exercised within four years from their respective vesting dates, while vested PSUs must be exercised within one year from their respective vesting dates. This initiative is designed to align employee interests with the company's long-term performance.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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