HDFC Asset Management Company has granted 19,730 employee stock options and 7,570 performance-linked stock units, totaling 27,300 equity shares, to its eligible employees. These grants fall under the 2025 Employees Stock Options and Performance-linked Stock Units Scheme. The option price is ₹5,594 per option and ₹5 per PSU.
Employee Stock Grant Details
HDFC AMC’s Nomination & Remuneration Committee (NRC) approved the grant of 19,730 Employee Stock Options (‘Options’) and 7,570 Performance-linked Stock Units (‘PSUs’) during its meeting on October 15, 2025. This represents a total of 27,300 Equity Shares.
Scheme Specifics
The grant is part of the Employees Stock Options and Performance-linked Stock Units Scheme – 2025 (‘ESOP & PSU Scheme – 2025’). The grant price is fixed at ₹5,594 per Option and ₹5 per PSU.
Option and PSU Entitlements
Each Option, upon exercise, entitles the holder to one Equity Share of ₹5. Similarly, each PSU, upon exercise, entitles the holder to one Equity Share of ₹5.
Vesting Schedule
Subject to fulfilling specified conditions, vesting commences one year from the grant date.
Vesting Schedule for Options:
- 1st Anniversary: 10%
- 2nd Anniversary: 20%
- 3rd Anniversary: 30%
- 4th Anniversary: 40%
Vesting Schedule for PSUs:
- 1st Anniversary: 0%
- 2nd Anniversary: 0%
- 3rd Anniversary: 30%
- 4th Anniversary: 70%
Exercise Period
Vested Options must be exercised within four years from their respective vesting dates. Vested PSUs must be exercised within one year from the date of their respective vesting.
Source: BSE
