Angel One has granted 64,637 Restrictive Stock Units (RSUs) to 6 eligible employees under its Long Term Incentive Plan 2021. The RSUs, granted on October 3, 2025, are convertible into an equal number of equity shares with a face value of ₹10 each. The options vest over 4 years, and have an exercise price of ₹10.
Stock Option Grant Details
Angel One has approved the grant of 64,637 Restrictive Stock Units (RSUs) to 6 eligible employees of the company. Each RSU is convertible into one equity share of the company, with a face value of ₹10.
Key Dates and Terms
The effective grant date is October 3, 2025. The exercise price for each option is ₹10. The options vest over a period of 4 years. The exercise period commences upon vesting and expires 10 years from the grant date, subject to any revisions by the Nomination and Remuneration Committee (NRC).
Incentive Plan Overview
The grant is part of the Angel Broking Employee Long Term Incentive Plan 2021 (LTI Plan 2021), which complies with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The LTI Plan 2021 is administered by the NRC, and grants are based on eligibility criteria outlined in the plan.
Source: BSE
