HDFC rewards employees with shares worth over Rs 16 lakh as stock options

HDFC rewards employees with shares worth over Rs 16 lakh as stock options

The total paid-up share capital of the Corporation post this allotment is at Rs 365,35,36,478 consisting of a total of 1,82,67,68,239 equity shares for Rs 2 each.

Pratiksha ThayilUpdated: Friday, December 30, 2022, 12:57 PM IST
article-image
HDFC rewards employees with shares worth over Rs 16 lakh as stock options | Image credit: HDFC (Representative)

HDFC on Friday announced the allotment of 6,20,250 equity shares to employees worth Rs 16,40,500, through an exchange filing. The total paid-up share capital of the corporation post this allotment is at Rs 365,35,36,478 It consists of a total of 1,82,67,68,239 equity shares, each worth Rs 2.

HDFC Limited on Thursday sold 2.1 per cent shares of Siti Networks for Rs 3.61 crore for financial disinvestment. The company had earlier this month also sold 5.1 per cent shares in Ruralshores Business Services for Rs 9 million.

The company had also allotted equity shares worth Rs 1,200 to warrant holders on December 23.

On Friday at 12:52 pm IST the shares of HDFC Bank Limited were at Rs 1,635.35, down by 0.36 per cent.

RECENT STORIES

'It's SEBI's Job To Regulate Futures And Options Market,' Says Finance Minister Nirmala Sitharaman

'It's SEBI's Job To Regulate Futures And Options Market,' Says Finance Minister Nirmala Sitharaman

Apple Slashes iPhone Prices in India Post-Budget 2024 Customs Duty Cut; Check Out the New Prices

Apple Slashes iPhone Prices in India  Post-Budget 2024 Customs Duty Cut; Check Out the New Prices

IndiGo Flags Higher Inflationary Environment, Escalation In Fuel, Airport Costs

IndiGo Flags Higher Inflationary Environment, Escalation In Fuel, Airport Costs

ITR Filing Countdown: Avoid Penalties and Late Fees – What You Need to Know Before the July 31...

ITR Filing Countdown: Avoid Penalties and Late Fees – What You Need to Know Before the July 31...

Gold Prices Rebound to ₹70,700 per 10 Grams Amid Global Market Strength

Gold Prices Rebound to ₹70,700 per 10 Grams Amid Global Market Strength