HDFC Asset Management Allots Equity Shares Following Employee Stock Option Exercise
HDFC Asset Management Company Limited has allotted equity shares following the exercise of stock options by eligible employees under two schemes. The allotment was completed in connection with the Employee Stock Option Scheme - 2020 and the Employees Stock Options and Performance-linked Stock Units Scheme - 2025 (ESOP & PSU Scheme - 2025).The company approved the allocation of equity shares across both employee incentive programs, as outlined below:
| Scheme Name | Equity Shares Allotted | Face Value per Share | Share Range (Inclusive) |
|---|---|---|---|
| Employee Stock Option Scheme - 2020 | 1,29,446 | Rs. 5/- | 42,86,53,255 to 42,87,82,700 |
| ESOP & PSU Scheme - 2025 | 4,082 | Rs. 5/- | 42,87,82,701 to 42,87,86,782 |
Following these allotments, the paid-up share capital of HDFC Asset Management Company Limited stands at Rs. 2,14,39,33,910/-. This capital is supported by a total of 42,87,86,782 Equity Shares, each with a face value of Rs. 5/-.
HDFCAMC Stock Price Movement
HDFC Asset Management Company Limited shares today slipped by 0.16% to settle at ₹2644.9, closing slightly lower from the previous day's close. The stock traded within a noticeable intraday range of ₹2603 to ₹2659.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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