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.
