Angel One Limited has approved the grant of 48,210 Restrictive Stock Units (RSUs) to 7 eligible employees. These RSUs are convertible into an equal number of equity shares, each with a face value of Re. 1. The effective grant date is September 2, 2026, and the RSUs vest over a period of 4 years. The LTI Plan 2021, under which these options are granted, is in line with SEBI regulations.
Employee Long Term Incentive Plan Grants
Angel One Limited announced today the approval of grants under its Angel Broking Employee Long Term Incentive Plan 2021. The Nomination and Remuneration Committee has sanctioned the grant of 48,210 Restrictive Stock Units (RSUs) to 7 eligible employees of the company. These RSUs are intended to be convertible into an equal number of equity shares of the company, with each share having a face value of Re. 1.
Grant Details and Vesting Schedule
The effective date for this grant is set as September 02, 2026. The exercise price for these options is nominal at Re. 1. As per the terms of the LTI Plan 2021, the approved RSUs shall vest over a period of 4 years. The exercise period for these options will commence from the date of vesting and will expire 10 years from the respective grant date, or such other period as decided by the Nomination and Remuneration Committee.
Scheme Compliance
The Angel Broking Employee Long Term Incentive Plan 2021 has been adopted by the company in accordance with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The plan is administered by the Nomination and Remuneration Committee, with grant eligibility based on criteria outlined within the LTI Plan 2021.
Source: BSE
