HDFC Bank grants 13.02 lakh employee stock options
HDFCBANK · price
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HDFC Bank's committee granted 13,02,379 employee stock options on October 24, 2026 at Rs 692.80 each, convertible into one equity share per option. Vesting is 25% each at 12, 24 and 36 months, with the balance at 48 months. After vesting, options must be exercised within four years or they lapse.
The grant may support employee retention and could create slight future dilution if exercised. There is no immediate dilution because the options are unvested.