Aadhar Housing Finance’s board has approved the new Employee Stock Option Plan 2025, following the recommendation of the Nomination and Remuneration Committee. The plan aims to incentivize employees and align their interests with the company’s growth. The Board also approved seeking shareholder approval. The new plan authorizes a maximum pool of 3,11,22,170 ESOPs. Grants under the 2020 plan will cease.
New ESOP Plan Approved
The board of directors of Aadhar Housing Finance has approved the implementation of a new Employee Stock Option Plan (ESOP) 2025. This decision was made at a meeting held on October 10, 2025, following a recommendation from the Nomination and Remuneration Committee. The primary objective of the ESOP 2025 is to incentivize employees and align their interests with the company’s long-term growth and profitability.
Key Features of the Plan
The ESOP Plan 2025 authorizes the grant of a maximum pool of 3,11,22,170 options to eligible employees. The Board has also approved seeking shareholder approval for the new plan via postal ballot. With the approval of the ESOP Plan 2025, the Board has decided that no further grants will be made under the previous Employee Stock Option Plan 2020.
Pricing and Implementation
For grants approved within 30 days of in-principle approval from the Recognized Stock Exchange, the exercise price will be ₹425 per option. Any grants made after this initial period will be priced as determined by the Nomination and Remuneration Committee, potentially with a discount of up to 20% from the market price on the grant date.
Source: BSE
