HDFC Life issues 5,38,000 shares as stock options

HDFC Life issues 5,38,000 shares as stock options

The number of stock options granted should be read as 5,38,000 instead of 4,95,000 as mentioned in the said intimation

FPJ Web DeskUpdated: Thursday, February 09, 2023, 02:06 PM IST
article-image
HDFC Life issues 5,38,000 shares as stock options | Image: HDFC Life (Representative)

HDFC Life announced that the company had issued the grant of 5,38,000 shares as stock options under Employee Stock Option Scheme 2022, via an exchange filing.

The number of stock options granted should be read as 5,38,000 instead of 4,95,000 as mentioned in the said intimation.  

Accordingly, it may be noted that the Nomination & Remuneration Committee of the Board had approved the grant of 5,38,000 Options under ESOS 2022 on January 20, 2023.

The disclosure is with reference to the intimation dated January 20, 2023, regarding grant of stock options under the Employee Stock Options Scheme, 2022 (ESOS 2022). 

(To receive our E-paper on WhatsApp daily, please click here.  To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

Former Zee employee, 2 others fined Rs 90 lakh for insider trading using data on Zee Plex launch

Former Zee employee, 2 others fined Rs 90 lakh for insider trading using data on Zee Plex launch

Heard about snowball strategy? Here's how it can help you curb your debts

Heard about snowball strategy? Here's how it can help you curb your debts

Google's new cost-cutting measures; stop free snacks, laundry services and other employee perks:...

Google's new cost-cutting measures; stop free snacks, laundry services and other employee perks:...

TVS Motor March sales rise 3% to 3.17 lakh units

TVS Motor March sales rise 3% to 3.17 lakh units

Adani Ports acquires Karaikal Port for ₹14.85 bln via NCLT route

Adani Ports acquires Karaikal Port for ₹14.85 bln via NCLT route