Affle 3i Limited has informed the Exchange regarding 'Grant of Stock Options under Affle (India) Limited Employee Stock Option Scheme 2021'.
AFFLE · price
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Affle 3i Limited has granted 65,880 stock options to eligible employees under the Employee Stock Option Scheme 2021. The exercise price is set at the NSE closing market price on May 6, 2026 (the trading day before the grant date). The options vest gradually over four years with 25% vesting each year at 12, 24, 36, and 48 months from the grant date of May 7, 2026. Once vested, employees can exercise the options within one year. The company has disclosed this in compliance with SEBI's Share Based Employee Benefits and Sweat Equity Regulations, 2021. This is a routine corporate governance disclosure related to employee incentives.
The impact on shareholders is minimal as the number of options (65,880 shares) represents a small portion of total equity. ESOP grants are a standard practice to align employee interests with company growth and do not directly impact stock price.