Affle (India) 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 31,000 stock options to eligible employees under its Employee Stock Option Scheme 2021, with an effective grant date of May 1, 2025. Each option represents one equity share of face value Rs. 2, and the exercise price will be the closing market price on NSE as of April 30, 2025. The options will vest in four equal tranches of 25% each at 12, 24, 36, and 48 months from the grant date, with a 1-year exercise window after each vesting. This is a routine ESOP allotment disclosure under SEBI regulations.
This is a minor, routine ESOP grant representing a very small number of shares (31,000) and is unlikely to have any meaningful impact on share price or shareholder value. It signals ongoing employee incentivization but is not a corporate action of concern to existing shareholders.