Aadhar Housing Finance has approved the new Employee Stock Option Plan 2025 (ESOP Plan 2025). The plan authorizes the grant of up to 3,11,22,170 ESOPs to eligible employees. The decision, made on October 10, 2025, aims to incentivize employees, align their objectives with the company’s growth, and promote employee retention. The plan will be implemented following shareholder approval.
New ESOP Plan Approved
Aadhar Housing Finance’s Board of Directors approved the Employee Stock Option Plan 2025 (ESOP Plan 2025) on October 10, 2025, following a recommendation from the Nomination and Remuneration Committee. The move aims to incentivize employees and align their interests with the company’s long-term success.
Key Highlights of the ESOP Plan 2025
The ESOP Plan 2025 authorizes the grant of a maximum of 3,11,22,170 ESOPs to eligible employees. The plan aligns with the Companies Act, 2013, and SEBI regulations for share-based employee benefits. Ungranted and unvested ESOPs under the Employee Stock Option Plan 2020 will be transferred to the new plan, subject to shareholder approval. Grants under the Employee Stock Option Plan 2020 have been ceased.
Pricing and Implementation
The exercise price for grants approved within 30 days of in-principle approval from the Recognized Stock Exchange will be ₹425 per option. For subsequent grants, the price will be determined by the Nomination and Remuneration Committee, with a maximum discount of 20% from the market price on the grant date. Implementation of the plan is contingent upon shareholder approval.
Additional Information
Detailed terms of the ESOP will be disclosed in the explanatory statement that is part of the notice for seeking shareholder approval, as stated in the announcement on October 10, 2025.
Source: BSE
