Grant of Employee Stock Options and Performance Linked Stock Units
HDFCAMC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
HDFC Asset Management Company's Nomination & Remuneration Committee has approved the grant of 1,400 Employee Stock Options and 800 Performance-linked Stock Units to eligible employees under the ESOP & PSU Scheme – 2025. The total grant covers 2,200 equity shares of Rs. 5/- each. Options are priced at Rs. 2,685.30 per option (based on NSE closing price on May 20, 2026), while PSUs are priced at Rs. 5/- per unit (face value). Options vest over four years with 10%, 20%, 30%, and 40% vesting at each anniversary, while PSUs have a delayed vesting pattern with 30% vesting at the 3rd anniversary and 70% at the 4th anniversary. The exercise period is four years for Options and one year for PSUs from their respective vesting dates.
The stock option grants are designed to align employee incentives with company performance, with Options vesting progressively over four years and PSUs rewarding longer-term commitment with heavier weighting in later years. The total dilution remains minimal at 2,200 shares.