Home First Finance Company India has announced the grant of 78,000 Employee Stock Options to its eligible employees under the Homefirst ESOP Scheme 2021. Each option allows the holder to acquire one equity share of the company with a face value of Rs. 2. The pricing formula for these options is set at Rs. 1,012/- per stock option, as detailed in the company’s ESOP scheme.
Employee Stock Option Grant Announced
Home First Finance Company India Limited has officially announced the grant of 78,000 Employee Stock Options (ESOPs). This grant was made to eligible employees of the company on October 27, 2026, under the established Homefirst ESOP Scheme 2021.
Scheme Details and Pricing
Each stock option granted under the scheme provides the holder with the right to apply for one equity share of Home First Finance Company India Limited. The face value of each equity share is Rs. 2/-. The pricing formula for these stock options is fixed at Rs. 1,012/- per stock option, as stipulated within the HomeFirst ESOP Scheme 2021.
The company confirmed that the scheme is in compliance with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. Currently, there are no options vested or exercised for this particular grant, and therefore, no shares have arisen from the exercise of these options yet. The time within which the option may be exercised is 3 years from the date of respective vesting.
Source: BSE
