Awfis Space Solutions Limited has announced the approval of granting 16,166 Employee Stock Options (ESOPs) under its Employee Stock Option Scheme – 2024. This decision was made by the Nomination and Remuneration Committee (NRC) on August 13, 2026. The options are priced at an exercise price of INR 191.84 per option and have a vesting period of four years.
Awfis Space Solutions Approves ESOP Grant
Awfis Space Solutions Limited announced today, August 13, 2026, that its Nomination and Remuneration Committee (NRC) has approved the grant of 16,166 Employee Stock Options (‘Options’). These options are being issued under the company’s ‘Awfis Space Solutions Employee Stock Option Scheme – 2024’ (the ‘Scheme’).
Grant Details and Pricing
The effective grant date for these options is August 13, 2026. Each option is granted at an exercise price of INR 191.84. This price represents a 30% discount on the average market price of the preceding trading day, which was August 12, 2026. The total number of equity shares covered by these options is 16,166, each with a face value of INR 10/-.
Vesting and Exercise Period
The Scheme outlines a vesting period of four years, with 25% of the options vesting upon the completion of each 12-month period. Once vested, the options can be exercised by the employee. According to Annexure A.1, all vested options shall be exercisable by the Grantee on or before the expiry of the exercise period as per the Scheme. In case of continuous employment, all options upon vesting shall be exercisable within a maximum of 2 (Two) years from the date of respective vesting.
Scheme Administration
The Scheme will be administered by the NRC and implemented through a direct allotment route, where the Company will allot fresh shares directly to employees. The grant of options is based on the eligibility criteria mentioned within the Scheme document. The vesting period commences one year from the Grant Date and can extend up to a maximum of six years from the Grant Date.
Source: BSE
