Arvind SmartSpaces granted 305,000 employee stock options across two schemes, ESOP 2016 and ESOS 2025.
The options have an exercise price of ₹589.50 per share, based on the latest NSE closing price.
Vesting will occur over a maximum period of five years from the grant date of 20th May, 2026.
The grant is compliant with SEBI (Share Based Employee Benefits) Regulations, 2021.