Aadhar Housing Finance Limited has officially announced the approval of a new grant of employee stock options. Following the recommendation of the Nomination and Remuneration Committee, the Board of Directors cleared the issuance of 4,31,350 options to eligible employees under the existing Employee Stock Option Plan – 2025. This initiative is designed to align employee incentives with the company’s long-term growth objectives.
Details of the Option Grant
The company confirmed that a total of 4,31,350 options have been granted to eligible personnel. Each stock option is convertible into 1 equity share with a face value of ₹10. These options were issued at a market price of ₹425 per option, adhering to established benefit regulations.
Vesting and Exercise Schedule
The granted options follow a structured timeline for realization. The vesting period for these options is set at a minimum of one year from the date of the grant. Once vested, employees have a window of two years to exercise their options as per the specific terms outlined in their respective grant letters.
Board Governance
This decision was formalized during a board meeting held on April 27, 2026, which commenced at 7:45 p.m. and concluded at 9:10 p.m. This move underscores the company’s commitment to talent retention and providing meaningful equity participation to its workforce under the current 2025 incentive framework.
Source: BSE