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HDFC Life Insurance Company LimitedOthers, 21-03-2025: ESOP/ESOS/ESPS

21-03-2025 · 02:10 pm

HDFC Life has announced a board meeting to allot 94,900 equity shares to eligible option holders under various Employee Stock Option Schemes. Following this allocation, the company's paid-up equity share capital stands at ₹21,52.99 crore, comprising 2,15,29,88,187 equity shares with a face value of ₹10 each. This move reflects HDFC Life's commitment to employee engagement and retention, potentially enhancing productivity and shareholder value in the long run. Investors may view this as a positive outlook for employee motivation, although increased share issuance could dilute existing holdings.

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