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HDFC Bank grants stock options under ESOS

19 Jan 2012 Evaluate

HDFC Bank has informed that the compensation committee of the board granted 3,53,59,500 stock options to the employees of the bank at the rate of Rs 468.40 each. The options were granted under the Scheme titled 'ESOS XVIII' in terms of Securities and Exchange Board of India (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999.

The above information is part of the company’s filing submitted to the BSE.

Peers
Company Name CMP
HDFC Bank 719.35
ICICI Bank 1305.50
Axis Bank 1214.00
Kotak Mahindra Bank 419.80
Indusind Bank 880.00
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