Grant of Stock Options and Performance-Linked Stock Units
Awaiting price reaction for this filing.
HDFC AMC has granted 10,46,790 Employee Stock Options (ESOPs) and 2,28,210 Performance-Linked Stock Units (PSUs) to eligible employees of the company and its wholly-owned subsidiary HDFC AMC International (IFSC) Limited. Together, these cover 12,75,000 equity shares of Rs. 5 face value. Options are priced at Rs. 4,877.50 per share (the closing price on NSE on June 19, 2025), while PSUs are priced at face value (Rs. 5). Vesting begins after one year and spans four years — Options vest in tranches of 10/20/30/40%, while PSUs vest 30% in year 3 and 70% in year 4, tying payouts to performance. The grant follows shareholder approval via postal ballot on June 6, 2025, and in-principle approval from NSE and BSE on June 19, 2025.
Minor dilution risk for existing shareholders once these options are exercised over the coming years, but the long vesting schedule and performance-linked PSUs help align employee interests with long-term shareholder value creation.