ESOP13 Aug 2026, 02:56 pm
Awfis Space Solutions Grants 16,166 Employee Stock Options
AI Summary
Awfis Space Solutions Ltd announced that its Nomination and Remuneration Committee (NRC) has approved the grant of 16,166 Employee Stock Options (ESOPs) under the Awfis Space Solutions Employee Stock Option Scheme – 2024. The grant date is August 13, 2026, with a vesting period of four years (25% on completion of each 12 months). The options are granted at an exercise price of INR 191.84 per option, representing a 30% discount on the market price of the preceding trading day. The scheme is in terms of SEBI (SBEB & SE) Regulations, 2021, and will be implemented via the direct route, involving the allotment of fresh equity shares.
Key Highlights
- 16,166 ESOPs granted under the 2024 Scheme.
- Effective grant date: August 13, 2026.
- Vesting period: Four years, with 25% vesting annually.
- Exercise price set at INR 191.84 per option.
- Scheme to be implemented via direct allotment of fresh shares.
Price Impact
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