Aadhar Housing Finance Limited has informed the Exchange about change in Management and grant of ESOP
AADHARHFC · price
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Aadhar Housing Finance announced changes in its senior management team. The Chief Compliance Officer (CCO), Mr. Sreekanth V.N., will retire effective close of business hours on August 14, 2025, per company policy. Mr. Pratik Jariwala, currently Head of Internal Audit and a 5+ year company veteran, will be appointed as the new CCO for a 3-year term starting August 15, 2025. Mr. Pulkit Maheshwari, a Chartered Accountant with 11+ years of experience, has been appointed as the new Head of Internal Audit effective July 26, 2025. Separately, the board approved the grant of 90,000 stock options to eligible employees under the existing ESOP 2020 plan, at the market price of Rs. 511.70 per option (the closing price on July 24, 2025). All options carry a minimum 1-year vesting period and must be exercised within 2 years of vesting.
This is a routine internal succession with no disruption to leadership — both the CCO and Head of Internal Audit roles are filled by internal candidates. The ESOP grant is small (90,000 shares) and at market price, with negligible dilution impact for existing shareholders.