PNB Housing Finance Limited — Others, 14-05-2025: ESOP/ESOS/ESPS

PNB Housing has announced a board meeting to approve the grant of 1,09,600 Restricted Stock Units (RSUs) to eligible employees under its 2020 RSU Scheme. Each RSU represents one equity share exercisable at INR 10. The RSUs vest over four years based on company and individual performance, incentivizing employees with staggered vesting (20% after each of the first two years, 30% after the third and fourth years) and a one-year exercise window post-vesting, aligning employee rewards with long-term company growth.