Arvind SmartSpaces Limited has informed the Exchange regarding Grant of 305000 Options.
ARVSMART · price
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Arvind SmartSpaces Limited's Nomination and Remuneration Committee granted a total of 305,000 stock options — 225,000 under ESOP 2016 and 80,000 under ESOS 2025 — to eligible employees. The exercise price is Rs. 589.50 per option, based on NSE's closing price on 19th May 2026. Vesting will occur over a maximum period of 5 years from the grant date, with a 5-year exercise window after vesting. The schemes are fully compliant with SEBI (SBEB) Regulations, 2021. These options cover 3,05,000 equity shares of Rs. 10 each.
The grant aligns employee interests with shareholders and signals management confidence, but will result in share dilution upon exercise. The exercise price at Rs. 589.50 reflects current market pricing.