Arvind SmartSpaces Limited has informed the Exchange regarding Grant of 155000 Options.
ARVSMART · price
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Arvind SmartSpaces Limited has granted 1,55,000 stock options to eligible employees under the 'Grant - August 2025' tranche of the AIL ESOP - 2016 plan. The exercise price has been set at Rs. 621.25 per share, which is the closing market price one day prior to the Nomination and Remuneration Committee meeting held on 21st August 2025. The options will vest in four tranches over 2026 to 2029, starting with 23,250 options on 21-08-2026 and ending with 54,250 options on 21-08-2029. Once vested, employees have 5 years to exercise the options. The plan is fully compliant with SEBI's Share Based Employee Benefits Regulations, 2021.
This is a routine employee incentive grant with a mild future dilutive effect of up to 1.55 lakh shares. Since the exercise price equals the prevailing market price, employees only gain if the stock appreciates, so there is no immediate cost to existing shareholders beyond a small overhang on future share count.