Intimation w.r.t. Allotment of shares pursuant to EDSOP 2015 and Grant of ESOPs pursuant to ESOPs Scheme 2024, is attached herewith.
AWFIS · price
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Awfis Space Solutions' Nomination and Remuneration Committee (NRC) approved two items on May 25, 2026. First, it allotted 22,695 equity shares to employees who exercised options under the EDSOP 2015 scheme at exercise prices of Rs. 144 (22,407 shares) and Rs. 54 (288 shares), raising Rs. 32,42,160. The company's paid-up capital increased marginally from Rs. 71,54,04,910 to Rs. 71,56,31,860. Second, the NRC granted 61,830 new stock options under the Awfis Space Solutions Employee Stock Option Scheme 2024 at an exercise price of Rs. 240 per option (representing a 30% discount on the market price as of May 22, 2026), vesting over four years at 25% annually. Additionally, 41,140 options lapsed under EDSOP 2015 and 1,53,734 options lapsed under the Scheme 2024.
The share issuance is small relative to total capital (~0.003% dilution) and is unlikely to materially impact the stock price. The new ESOP grant signals retention and incentivisation of employees but introduces future dilution risk as options vest over four years.