Angel One Limited has informed the Exchange regarding Grant of 2203 Options.
ANGELONE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Angel One Limited has informed the exchanges that its Nomination and Remuneration Committee approved the grant of 2,203 Restrictive Stock Units (RSUs) to 3 eligible employees under the Angel Broking Employee Long Term Incentive Plan 2021. Each RSU is convertible into one equity share of face value Rs. 10, with an exercise price also fixed at Rs. 10. The grants have an effective date of May 9, 2025, will vest over a 4-year period, and can be exercised within 10 years from the date of grant. The LTI Plan 2021 is administered under SEBI's Share Based Employee Benefits Regulations, 2021.
The grant size is very small relative to Angel One's overall share base, so dilution impact is negligible. The move is a routine employee retention tool and is largely neutral for existing shareholders, though it signals continued alignment of key staff with company performance.