Awfis Space Solutions Limited has informed the Exchange regarding Grant of 136777 Options.
AWFIS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Awfis Space Solutions has granted 136,777 stock options to eligible employees under its Employee Stock Option Scheme – 2024, approved by the Nomination and Remuneration Committee on August 11, 2025. The options are split into three tranches: 106,942 options at Rs. 90 per share (84% discount), 19,000 options at Rs. 337.68 (40% discount), and 10,835 options at Rs. 393.96 (30% discount). Vesting schedules vary, with the largest tranche vesting over 2 years and the remaining over 4 years, in equal yearly installments. The company will issue fresh shares directly upon exercise. The filing also notes 4,894 options lapsed previously.
This is a routine ESOP grant that will lead to dilution of existing shareholders once options are exercised. The steep discounts on the largest tranche signal strong employee incentives but also mean more equity is created per rupee of value given to employees.