Affle 3i Limited has announced the grant of 65,880 stock options to eligible employees under its 2021 Employee Stock Option Scheme. This initiative is designed to incentivize and reward the company’s workforce. The options represent an equal number of equity shares with a face value of Rs. 2 each, with an exercise price aligned to the closing market price as of May 6, 2026.
Stock Option Allocation Details
The company has formally initiated the grant of 65,880 stock options effective from May 7, 2026. These options will be issued as equity shares, each carrying a face value of Rs. 2. The pricing for these options has been determined based on the closing market price on the National Stock Exchange recorded on May 6, 2026, ensuring alignment with prevailing market valuations.
Vesting and Exercise Schedule
The vesting process for these options follows a structured timeline to encourage long-term commitment. The options will vest in four equal installments of 25% each over a period of 48 months: at the 12, 24, 36, and 48-month marks from the date of grant. Once an option has vested, employees are granted an exercise period of 1 year to convert these options into equity shares, providing a clear window for staff to participate in the company’s growth.
Source: BSE
