PNB Housing Finance Allocates 25,549 Equity Shares Under Employee Schemes
Team Finance Saathi
13/Mar/2025

What's covered under the Article:
- PNB Housing Finance allots 25,549 equity shares under ESOP and RSU schemes.
- Paid-up capital rises to ₹2,599.25 crore; shares to be listed on NSE and BSE.
- Issuance complies with SEBI (SBEB) Regulations, ensuring transparency.
PNB Housing Finance Limited has officially announced the allotment of 25,549 equity shares on March 13, 2025, pursuant to the exercise of Options and RSUs by eligible employees under the ESOP Scheme 2018, RSU Scheme 2020, and ESOP Scheme 2022. This allotment brings the total number of equity shares in circulation to 25,99,25,043, with the total paid-up capital now standing at INR 2,59,92,50,430. The newly allotted shares are set to be listed on both National Stock Exchange of India Limited (NSE) and BSE Limited.
Details of the Allotment
The equity shares allotted carry a nominal value of INR 10 each, and the distinctive share numbers range from 25,98,99,495 to 25,99,25,043. These shares were issued under the company’s ESOP and RSU schemes, which are aimed at rewarding and retaining employees by giving them a stake in the company.
- ESOP Scheme 2018: The exercise price per share was INR 345.30, with a premium of INR 335.30.
- RSU Scheme 2020: Shares were issued at an exercise price of INR 10, with no premium.
- ESOP Scheme 2022: The exercise price for this scheme was INR 483.15, with a premium of INR 473.15.
Impact on Company Capital
As a result of this allotment, the company’s paid-up share capital has increased to INR 2,59,92,50,430. The increase reflects the company’s ongoing commitment to its employees and their involvement in its long-term success.
Listing and Future Plans
PNB Housing Finance has also confirmed its plans to apply for the listing of the newly allotted equity shares on NSE and BSE. These listings will allow for the shares to be traded publicly, enhancing liquidity and market participation.
Regulatory Compliance
This announcement complies with Regulation 30 of SEBI (LODR) Regulations, 2015, as well as the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (SBEB Regulations). The company has provided the necessary disclosures, including filing details for the relevant ESOP and RSU schemes with the respective stock exchanges, ensuring complete transparency in the allotment process.
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