PNB Housing Finance Limited has informed the Exchange regarding Grant of 175000 Options.
PNBHOUSING · price
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PNB Housing Finance Limited has granted 1,75,000 Restricted Stock Units (RSUs) of face value INR 10 each to certain eligible employees under the PNB Housing RSU Scheme 2020. The grant was approved by the Nomination and Remuneration Committee on September 30, 2025. Each RSU, upon exercise, will entitle the holder to one equity share at an exercise price of INR 10. The RSUs will vest in tranches — 10% after 1 year, 40% after 2 years, and 50% after 3 years from the grant date, subject to company and individual performance conditions. Once vested, employees have 1 year to exercise the RSUs.
This is a routine employee incentive action and involves a relatively small number of shares (1,75,000), so the dilution impact on existing shareholders is minimal. The performance-linked vesting structure aligns employee interests with long-term company performance.