BSECompany Update29 Sept 2026 · 29 Sept 2026, 05:31 pm
Please refer the attached file for further details
HDFC Life Insurance Company Ltd · 540777
✦ AI SummaryMgmt Change
HDFC Life Insurance Company Ltd has granted 23,85,355 stock options and 11,05,140 performance restricted stock units to employees at a grant price of Rs. 531.60 and Rs. 10 respectively, with vesting conditions and exercise periods.
Analysis Scores
Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
HDFC Life Insurance Company Ltd - 540777 - Grant Of Stock Options And Performance Restricted Stock Units
Attachments (1)
📄pdf
Download →
b2610f9d-66f2-4f42-9e44-b592baea12f0.pdf
View document text
September 29, 2026
Ref. No.: HDFC Life/CA/2026-27/37
Listing Department Listing Department
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Plot No C/1, Block G, Sir PJ Towers,
Bandra-Kurla Complex, Dalal Street,
Bandra (East), Fort,
Mumbai- 400 051 Mumbai – 400 001
NSE Symbol: HDFCLIFE BSE Security Code: 540777
Dear Sir/ Madam,
Sub: Grant of Stock Options and Performance Restricted Stock Units
In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, we wish to inform that the Nomination & Remuneration Committee of the Board at its
meeting held today i.e. September 29, 2026, has approved:
1. Grant of 23,85,355 equity stock options of the face value of Rs. 10/- (“options”) each at the
grant price of Rs. 531.60/- convertible into one equity share each upon vesting and exercise in
terms of the Employee Stock Option Scheme 2025.
Vesting of the options shall happen as under:
Vesting date Percentage of options to vest
On 1st anniversary from the date of grant 30% of options granted
On 2nd anniversary from the date of grant 30% of options granted
On 3rd anniversary from the date of grant 40% of options granted
The vested options need to be exercised within a period of 4 years from the date of respective
vesting, failing which, they shall lapse forthwith.
2. Grant of 11,05,140 performance restricted stock units of the face value of Rs. 10/- ("units")
each at the grant price of Rs. 10/- convertible into one equity share each upon vesting and
exercise in terms of the Performance Restricted Stock Units Scheme 2025.
Vesting of the units shall happen as under:
Vesting date Percentage of units to vest
On 1st anniversary from the date of grant 30% of units granted
On 2nd anniversary from the date of grant 30% of units granted
On 3rd anniversary from the date of grant 40% of units granted
The vested units need to be exercised within 4 years from the date of respective vesting,
failing which, they shall lapse forthwith.
This is for your information and appropriate dissemination.
Thanking you,
For HDFC Life Insurance Company Limited
Nagesh Pai
Company Secretary & Compliance Officer