Angel One has granted 1602 Restrictive Stock Units (RSUs) to one eligible employee under its Employee Long Term Incentive Plan 2021. Each RSU is convertible into one equity share with a face value of ₹10. The effective grant date is February 3, 2026, and the exercise price for each option is also set at ₹10. The options vest over a period of 4 years.
Employee Stock Option Details
Angel One has approved the grant of 1602 Restrictive Stock Units (RSUs) to one eligible employee. These RSUs are part of the Angel Broking Employee Long Term Incentive Plan 2021.
Key Terms of the Grant
The 1602 RSUs are convertible into an equal number of equity shares. Each equity share has a face value of ₹10. The exercise price for each option is set at ₹10. The options are scheduled to vest over a period of 4 years from the grant date.
Exercise Period
The exercise period for these options will commence from the vesting date. It will expire 10 years from the respective grant date (February 3, 2026) or within such period as may be decided by the Nomination and Remuneration Committee.
Source: BSE
