Angel One Limited has announced the grant of 73,46,277 Restricted Stock Units (RSUs) to 452 eligible employees. These units, which are convertible into an equal number of equity shares of the company, were approved under the Employee Long Term Incentive Plan 2021. The grants carry an exercise price of Re. 1 per share and are designed to align employee long-term interests with the company’s performance, with vesting schedules spanning one to four years.
Stock Grant Details
The Nomination and Remuneration Committee of Angel One Limited has finalized the issuance of 73,46,277 RSUs. This initiative involves 452 eligible staff members across the organization. Each RSU is convertible into one equity share of the company, which holds a face value of Re. 1. The grants were formally made effective on April 17, 2026.
Vesting and Exercise Terms
The RSUs are subject to a structured vesting period, ensuring long-term retention of key talent. The units are divided into two distinct vesting schedules: 71,04,546 options will vest over a 4-year period, while 2,41,731 options will vest after 1 year.
Upon vesting, employees are eligible to exercise their options. The exercise period will commence from the date of vesting and will remain valid for a maximum duration of 10 years from the date of the grant, subject to any adjustments as determined by the Nomination and Remuneration Committee.
Source: BSE
