HDFC Asset Management Company Limited — Others, 20-06-2025: ESOP/ESOS/ESPS

HDFC Asset Management has announced a board meeting regarding the grant of 12.75 lakh equity shares under its 2025 Employees Stock Options and Performance-linked Stock Units Scheme. The company’s Nomination & Remuneration Committee approved 10.47 lakh stock options at a grant price of Rs. 4,877.50 each and 2.28 lakh PSUs at face value Rs. 5 each for eligible employees of the company and its wholly owned subsidiary. Vesting for options starts after one year, spread over four years, while PSUs vest mainly in the third and fourth years. Exercising vested options is allowed within four years, and PSUs within one year. This move aims to incentivize employee performance and retention.