
ESOP2 Sept 2026, 08:00 pm
Angel One Grants 48,210 RSUs Under LTI Plan 2021
AI Summary
Angel One Limited announced that its Nomination and Remuneration Committee has approved the grant of 48,210 Restrictive Stock Units (RSUs) to 7 eligible employees under the 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 September 02, 2026. The LTI Plan 2021 is in compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The exercise price is Re. 1, and the RSUs will vest over a period of 4 years. The exercise period commences from the date of vesting and expires 10 years from the grant date or as decided by the NRC.
Key Highlights
- 48,210 RSUs granted to 7 employees under LTI Plan 2021.
- RSUs are convertible into equity shares at Re. 1 exercise price.
- Vesting period is 4 years; exercise period is up to 10 years.
- Grant aligns with SEBI (SBEB) Regulations, 2021.
- Effective grant date is September 02, 2026.
Price Impact
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