Urban Company Limited has informed the Exchange regarding Grant of 565100 stock options under the Employee Stock Option Scheme, 2015.
URBANCO · price
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Urban Company Limited's Nomination and Remuneration Committee, at a meeting on January 13, 2026, approved a grant of 565,100 stock options to eligible employees under the ESOP Scheme 2015. Each option is convertible into one equity share of face value ₹1, with an exercise price of just ₹1 per option. The scheme complies with SEBI's Share Based Employee Benefits and Sweat Equity Regulations, 2021. Vested options can be exercised anytime within 10 years from the date of vesting, and shares issued upon exercise will not be subject to any lock-in.
The grant introduces a potential equity dilution of up to 565,100 shares for existing shareholders once these options are exercised over time. The nominal ₹1 exercise price acts as a strong employee retention and motivation tool, though it means the company is offering shares at a significant discount to market value.