Awfis Space Solutions Limited has informed the Exchange regarding Outcome of Nomination and Remuneration Committee Meeting held on May 25, 2026.
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Awfis Space Solutions' NRC meeting on May 25, 2026 approved two routine equity compensation items. First, it allotted 22,695 equity shares (face value Rs. 10 each) to eligible employees who exercised their vested stock options under the EDSOP 2015 scheme, raising Rs. 32.42 lakh in exercise money. The company's paid-up capital increased marginally from Rs. 71.54 crore to Rs. 71.56 crore. Second, the committee granted 61,830 new employee stock options under the Awfis Space Solutions Employee Stock Option Scheme – 2024, with vesting over 4 years (25% annually) at an exercise price of Rs. 240 per option (30% discount to market price). The diluted EPS stands at Rs. 9.34 as of March 31, 2025.
This is a routine equity compensation filing with negligible impact on the capital structure — only ~23,000 shares were newly allotted. Shareholders should note minor dilution and the company's ongoing use of ESOPs for employee retention.