Housing Development Finance : Intimation to SE - ESOS- 260721

-i HDFC

HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED

www.hdfc.com

(ESOS

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Corporate Office: HDFC House, HT Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai 400 020. Tel.: [phone]. Fax: [phone].

Coij>oratc Identity Number: L70100.MHl977PLC019916

		.i HDFC
		HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
		www.hdfc.com
d)	Pricing formula	The said stock options have been granted at the
		market price as defined in SEBI (Share Based
		Employees Benefits) Regulations, 2014.
		Accordingly, the options have been granted at
		� 2,482.50 per option, being the latest available
		closing price of the shares of the Corporation on
		National Stock Exchange of India Limited on
		Friday, July 23, 2021 being the trading day
		immediately pnor to the date of the
		abovementioned meeting.
e)	Options vested	Subject to fulfilling the conditions specified 111
		ESOS-2020, 50% of the options granted shall vest
		on the completion of 3 years of service with the
		Corporation. The remaining 50% shall vest on
		completion of I year thereafter.
	Time within which option may be	The options can be exercised within a period of 5
	exercised	years from the respective dates of vesting.

We request you to take note of the above and arrange to bring this to the notice of all concerned.

Thank you,

Yours faithfully,

fo· Housing Development Finance Corporation Ltd.

Corporate Office:

Regd. Office: