PNB Housing Finance Board Approves 90,000 RSUs Under Restricted Stock Unit Scheme 2022

PNB Housing Finance Limited has approved a fresh employee stock incentive grant under its Restricted Stock Unit Scheme as the company continues strengthening long-term employee engagement and performance alignment. 

90,000 RSUs Approved for Eligible Employees 

The company’s Nomination and Remuneration Committee approved the grant of 90,000 Restricted Stock Units (RSUs) to selected employees on May 22, 2026. 

Each RSU carries the right to receive one equity share of the company with a face value of ₹10 upon exercise.  

The stock-linked grant forms part of the company’s employee incentive structure aimed at rewarding performance and improving long-term retention. 

Vesting Spread Across 4 Years 

The approved RSUs will vest in phases over four years based on a combination of company performance and individual employee targets. 

Under the structure, 20% of the RSUs will vest after the 1st year and another 20% after the 2nd year. The remaining 60% will vest in 2 equal tranches of 30% each after the 3rd and 4th years respectively. 

Employees can exercise vested options within one year from the respective vesting dates. 

Company Focuses on Long-Term Workforce Alignment 

The company said equity shares will be allotted only after prescribed vesting conditions are met. The structure is designed to align employee interests with the company’s long-term business growth and operational performance. 

PNB Housing Finance operates in the retail housing finance segment and offers home loans, loans against property and related mortgage products across multiple customer categories. 

Read More: SBI Mutual Fund Stake in Bandhan Bank Crosses 5% Mark! 

PNB Housing Finance Share Price Performance  

As of 25 May 2026, at 10:17 AM, PNB Housing Finance Limited share price is trading at ₹1,089.70 per share, reflecting a surge of 2.84% from the previous closing price.  

Conclusion 

The latest RSU approval reflects PNB Housing Finance’s continued focus on performance-linked employee incentives as the company works on strengthening workforce retention and long-term organisational growth. 

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