Angel One Limited has made a regulatory disclosure to the National Stock Exchange of India Limited and BSE Limited regarding the grant of employee stock options under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Grant Details
The grant is made under the Angel Broking Employee Long Term Incentive Plan 2021 (LTI Plan 2021). The effective grant date is June 02, 2026, and the time of occurrence of the event was 07:52 p.m. on that date.
Key Terms and Conditions
- Exercise Price: Re. 1 per share
- Vesting Period: The RSUs shall vest over a period of 4 years
- Exercise Period: Commences from the date of vesting and expires on completion of 10 (Ten) years from the date of respective grant, or such period as may be decided by the Nomination and Remuneration Committee from time to time
- Regulatory Framework: The LTI Plan 2021 has been adopted by the Company in terms of the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
Administrative Details
The LTI Plan 2021 is administered by the Nomination and Remuneration Committee. The grant of Options is based upon the eligibility criteria as mentioned in the LTI Plan 2021.
Items Not Applicable
The disclosure specifies that the following items are not applicable as this communication pertains only to the grant of Options:
- Options Vested
- Options Exercised
- Options Lapsed
- Variation in terms of Options
- Subsequent changes or cancellation or exercise of such Options
- Diluted earnings per share pursuant to the issue of equity shares on exercise of Options