Home First Finance Company India Limited disclosed the grant of employee stock options under SEBI Listing Regulations. The Nomination and Remuneration Committee of the Board of Directors approved the grant via resolution passed by circulation on July 02, 2026.
Key Details of ESOP Grant
- Total Options Granted: 3,10,000 stock options to eligible employees
- Scheme: Homefirst ESOP Scheme 2021
- Conversion Terms: Each stock option entitles the holder to apply for one equity share of face value ₹2 each
- Exercise Price: ₹1,139.40 per stock option as per the pricing formula stated in the ESOP Scheme
- Vesting Status: Nil options vested for this specific grant
- Exercise Period: Options may be exercised within 3 years from the date of respective vesting
- Options Exercised: Nil for this grant
- Money Realized: Nil for this grant
- Shares from Exercise: No options have been exercised yet
- Options Lapsed: Nil for this grant
- Terms Variation: Nil for this grant
- Diluted EPS Impact: Not applicable as options are yet to be exercised
Significant Terms
The significant terms of the options are as defined in the Homefirst ESOP Scheme 2021 document. No subsequent changes, cancellations, or exercises of these options have occurred at the time of this disclosure.
Financial Impact
The financial impact of this ESOP grant will only materialize when options are exercised in the future. The current disclosure represents a contingent equity dilution potential of 3,10,000 shares, but no immediate financial impact has been realized.