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). 

RECENT STORIES

India's Retail Inflation Rises To 3-Month High Of 1.33% In December 2025 On Food & Personal Care...

India's Retail Inflation Rises To 3-Month High Of 1.33% In December 2025 On Food & Personal Care...

PropShare Celestia SM REIT Files Draft IPO Papers For ₹244.65 Crore Issue, Targets Grade A+ Office...

PropShare Celestia SM REIT Files Draft IPO Papers For ₹244.65 Crore Issue, Targets Grade A+ Office...

Paytm Sees Strong Institutional Confidence, FPIs & Domestic Insurers Boost Stakes

Paytm Sees Strong Institutional Confidence, FPIs & Domestic Insurers Boost Stakes

Mumbai Real Estate News: JP Morgan Leases 2.72 Lakh Sq Ft Office Space At Powai’s One Downtown...

Mumbai Real Estate News: JP Morgan Leases 2.72 Lakh Sq Ft Office Space At Powai’s One Downtown...

HCL Tech Q3 Net Profit Falls 11.1 Per Cent To ₹4,082 Crore On One-Time Labour Code Cost

HCL Tech Q3 Net Profit Falls 11.1 Per Cent To ₹4,082 Crore On One-Time Labour Code Cost