StockWatch
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Stockbroking & Allied
ESOP6 Oct 2026, 04:05 pm

Angel One Grants 20,598 RSUs Under LTI Plan 2021

AI Summary

Angel One Limited has announced the grant of 20,598 Restrictive Stock Units (RSUs) to one eligible employee under its Angel Broking Employee Long Term Incentive Plan 2021. These RSUs are convertible into an equal number of equity shares of face value Re. 1 each. The effective grant date is October 5, 2026, with an exercise price of Re. 1. The RSUs will vest over a period of 4 years, and the exercise period will commence from the date of vesting, expiring 10 years from the grant date or as decided by the Nomination and Remuneration Committee. The LTI Plan 2021 is in compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Key Highlights

  • Grant of 20,598 RSUs to one employee under LTI Plan 2021.
  • RSUs are convertible into equity shares at Re. 1 exercise price.
  • Vesting period is 4 years; exercise period up to 10 years.
  • Plan complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.