Arvind SmartSpaces Limited has informed the Exchange regarding Grant of 100000 Options.
ARVSMART · price
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Arvind SmartSpaces Limited has granted 1,00,000 (one lakh) stock options to eligible employees under the 'Grant – January 2026' tranche of its ESOP 2016 scheme. Each option carries an exercise price of Rs. 587.05, set at the NSE closing price on 6th January 2026. The options will vest in five equal annual instalments of 20,000 shares each, starting 7th January 2027 through 7th January 2031, with a five-year exercise window after each vesting. The grant was approved by the Nomination and Remuneration Committee on 7th January 2026 and complies with SEBI's SBEB Regulations, 2021. The 1,00,000 underlying shares represent a small dilution against the company's existing equity base.
This is a routine ESOP grant with no immediate impact on share price, though it signals modest future equity dilution of up to 1,00,000 shares over the next 5-9 years. It reflects the company aligning employee incentives with long-term performance.