Aavas Financiers Limited has made a regulatory disclosure pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulations 30 and 51. The disclosure concerns the grant of stock options under the company's Equity and Performance Stock Option Plans.

Key Quantitative Figures

The company granted a total of 472,080 stock options across two plans:

  • Performance Stock Option Plan-2024 (PSOP-2024): 50,000 options granted
  • Equity Stock Option Plan-2025 (ESOP-2025): 422,080 options granted

Each option represents one equity share of the company.

Vesting Schedules

PSOP-2024 Vesting Schedule (4-year period):

  • 25% of options vest on the 1st anniversary from grant date
  • 25% of options vest on the 2nd anniversary from grant date
  • 25% of options vest on the 3rd anniversary from grant date
  • 25% of options vest on the 4th anniversary from grant date

ESOP-2025 Vesting Schedule (5-year period):

  • 20% of options vest on the 1st anniversary from grant date
  • 20% of options vest on the 2nd anniversary from grant date
  • 20% of options vest on the 3rd anniversary from grant date
  • 20% of options vest on the 4th anniversary from grant date
  • 20% of options vest on the 5th anniversary from grant date

Exercise Period

  • PSOP-2024: Options may be exercised within 4 years from each vesting date
  • ESOP-2025: Options may be exercised within 5 years from each vesting date

Current Status

As of the grant date (July 21, 2026):

  • No options have been exercised
  • No money has been realized from exercise of options
  • No shares have arisen as a result of exercise of options
  • No options have lapsed
  • No variations of terms of options have occurred

Additional Information

The significant terms of the options are as defined in the respective schemes. Other vesting conditions are as per the respective scheme. No subsequent changes, cancellations, or exercises of these options have occurred. Diluted earnings per share impact is not applicable at this stage.

The information will be made available on the company's website at www.aavas.in.