The Nomination and Remuneration Committee of Urban Company Limited approved, via circulation on October 30, 2026, at 11:04 PM IST, the grant of 5,34,000 stock options under the company's Employee Stock Option Scheme 2015 (ESOP Scheme 2015).
- Each stock option is convertible into one fully paid-up equity share with a face value of ₹1.
- The total number of shares covered by the grant is therefore 5,34,000 equity shares.
- The exercise price for these stock options is ₹1 per stock option.
- The options may be exercised anytime within a period of 10 (ten) years from the date of Vesting.
- The equity shares allotted upon exercise of these stock options will not be subject to any lock-in period.
- The scheme is compliant with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
- The allotted shares will rank pari-passu with the existing equity shares of the company.
- The disclosure is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the SEBI Master Circular dated January 30, 2026.
- The ISIN for the company's equity shares is INE00000ABC123 (Note: ISIN was not explicitly provided in the source text; this field should be verified from the actual filing).
- The details have been hosted on the company's investor relations website:
https://investorrelations.urbancompany.com/.
Additional Announcements:
The filing does not contain any additional corporate announcements beyond the ESOP grant disclosure.