HDFC Bank Ltd
📈 HDFC Bank Proposes Key Updates to Employee Stock Incentive Plan
- Plan validity extended by 5 years, from May 13, 2026, to May 13, 2031.
- No increase in the total number of Restricted Stock Units (RSUs); 15,08,97,234 RSUs available for grant as of April 18, 2026.
- Maximum annual RSUs per employee increased from 30,000 to 50,000, primarily for senior-level new hires.
- Amendments include updated committee names and clarified treatment of RSUs in disciplinary cases or for employees on leave.