Urban Company granted 1.54 crore stock options at ₹1 exercise price under its 2015 ESOP scheme.
Each option converts to one equity share of ₹1 face value with no lock-in period upon exercise.
The grant was approved by the Nomination and Remuneration Committee via circulation on May 1, 2026.
Options are exercisable within 10 years from vesting date and comply with SEBI regulations.