ESOPMay 21, 2026, 10:48 AM
HDFC Bank Shareholders Approve Employee Stock Incentive Plan Amendments
AI Summary
HDFC Bank announced that its shareholders have approved amendments to the Employee Stock Incentive Plan 2022 through a postal ballot. The special resolution was passed with a requisite majority, with 87.452% of the votes cast in favor. The e-voting period concluded on May 20, 2026, and the results were scrutinized by B. Narasimhan.
Key Highlights
- HDFC Bank shareholders approved amendments to the Employee Stock Incentive Plan 2022.
- The special resolution passed with 87.452% of votes cast in favor.
- 12.548% of votes were cast against the resolution.
- A total of 10,383,528,261 votes were cast through e-voting.
- This represents 67.455% of the total outstanding shares.
- The resolution is deemed approved on May 20, 2026.
Price Impact
More from HDB