HDFC Bank Limited has completed the allotment of 12,19,698 equity shares to its employees under the Employee Stock Options Scheme (ESOS) and Restricted Stock Units (RSU) program on January 30, 2026. The allotment follows the exercise of stock options by eligible bank employees as part of the institution's employee incentive program.

Share Capital Enhancement

The allotment has resulted in an increase in the bank's paid-up share capital structure. The following table shows the change in share capital:

Employee Stock Option Program Details

The shares were allotted pursuant to the exercise of options and RSUs under HDFC Bank's established Employee Stock Options Scheme. This program allows eligible employees to acquire equity shares in the bank, aligning employee interests with shareholder value creation. The allotment represents the conversion of previously granted stock options and restricted stock units into actual equity shares.

Regulatory Compliance

HDFC Bank has informed both major stock exchanges about this development in compliance with regulatory requirements. The bank communicated the allotment details to:

• BSE Limited (Scrip Code: 500180)
• National Stock Exchange of India Limited (Scrip Symbol: HDFCBANK)

The notification was made under Regulation 30, ensuring transparency and proper disclosure to market participants and stakeholders.

Corporate Structure Impact

With this allotment, HDFC Bank's equity base has expanded by 12,19,698 shares, representing the bank's commitment to employee participation in its growth story. The increase in paid-up share capital reflects the ongoing utilization of the employee stock option scheme as part of the bank's human resource strategy and talent retention initiatives.

HDFC Bank recorded a significant block trade on the National Stock Exchange (NSE) worth ₹61.94 crores. The large-volume transaction demonstrates continued institutional interest in one of India's leading private sector banks.

Transaction Details

The block trade involved substantial volume and value, reflecting significant market activity:

Market Significance

Block trades are typically executed by institutional investors, including mutual funds, insurance companies, and foreign institutional investors. These transactions are conducted outside the regular order book to prevent significant price impact on the stock. The execution at ₹934.55 per share indicates the price level at which institutional investors were willing to transact in HDFC Bank shares.

Such large-volume transactions often reflect portfolio rebalancing activities, strategic investments, or divestment decisions by institutional players. The substantial value of ₹61.94 crores underscores the scale of institutional participation in HDFC Bank's stock.