ESOP19 Jun 2026, 12:11 pm
Angel One Grants 7.34 Lakh RSUs Under LTI Plan 2021
AI Summary
Angel One Limited announced the grant of 7,34,576 Restrictive Stock Units (RSUs) to one eligible employee under its Angel Broking Employee Long Term Incentive Plan 2021. The effective grant date is June 19, 2026, with an exercise price of Re. 1. The RSUs are convertible into an equal number of equity shares. The LTI Plan 2021 is in compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The RSUs will vest over a period of 4 years, and the exercise period can extend up to 10 years from the grant date.
Key Highlights
- Angel One granted 7,34,576 RSUs to an employee.
- Grant is under the Angel Broking Employee Long Term Incentive Plan 2021.
- RSUs are convertible into equity shares at Re. 1 exercise price.
- Vesting period is 4 years, exercise period up to 10 years.
- Grant effective date is June 19, 2026.
Price Impact
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