HDFC Bank Grants 5.87 Cr Options & 1.67 Cr RSUs at ₹712.10 | Sept 2026
Mumbai: HDFC Bank’s Governance, Nomination and Remuneration Committee on 6 September 2026 approved large grants of stock options and restricted stock units to employees.
Stock Options (ESOS – Plan H-2024)
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5,86,95,020 options (ESOS 063)
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2,90,430 options (ESOS 064)
Grant price: ₹712.10 per option. Each option converts into one equity share.
Vesting: 15% after 1 year, 20% after 2 years, 25% after 3 years, and the balance after 4 years. Vested options can be exercised within 4 years of vesting.
Restricted Stock Units (Employees’ Stock Incentive Master Scheme – 2022)
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1,53,73,400 units (RSU 018)
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65,287 units (RSU 019)
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12,80,130 units (RSU 020)
Grant price: ₹1 per unit.
Vesting varies by scheme (mostly over 1–4 years). Vested units must be exercised within 1 year.
The grants were disclosed to BSE and NSE under Regulation 30 of SEBI LODR Regulations (Ref. SE/2026-27/99). The communication was signed by Company Secretary Ajay Agarwal.
All details are taken directly from the official stock-exchange filing dated 6 September 2026.