Arvind SmartSpaces Limited has made a regulatory disclosure regarding the grant of employee stock options under its ESOP 2016 scheme.

Key Action

The Nomination and Remuneration Committee of the Board of Directors of the Company, on 2nd November, 2026, granted 10,000 (Ten Thousand) Stock options to eligible Employee(s) under Arvind SmartSpaces Limited - Employees Stock Option Plan - 2016 (ESOP 2016).

Scheme Compliance

The scheme is in compliance with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (SEBI SBEB Regulations, 2021).

Option Details

  • Total options granted: 10,000 stock options
  • Shares covered: 10,000 equity shares of ₹10/- each
  • Exercise price: ₹563.85 per share (Rupees Five Hundred Sixty Three and Eighty Five Paisa Only)
  • Pricing basis: Latest available closing price on NSE with higher trading volume on 30th October, 2026

Vesting Schedule

The Options shall vest according to the following schedule:

  • 1,500 Stock Options - Vesting Date: 01-11-2027
  • 2,500 Stock Options - Vesting Date: 01-11-2028
  • 2,500 Stock Options - Vesting Date: 01-11-2029
  • 3,500 Stock Options - Vesting Date: 01-11-2030

Exercise Period

The options may be exercised within 5 years from the date of vesting of each stock option.

Additional Information

  • Options exercised: Not Applicable
  • Money realized by exercise of options: Not disclosed
  • Total number of shares arising from exercise: Not disclosed
  • Options lapsed: Not disclosed
  • Variation of terms: Not disclosed
  • Significant terms: Not disclosed
  • Subsequent changes or cancellation: Not disclosed
  • Diluted earnings per share impact: Not disclosed

Financial Impact

Financial impact of the ESOP grant has not been quantified in the disclosure.