Angel One grants 6,920 restricted stock units to employees
Angel One Limited's nomination and remuneration committee approved the grant of 6,920 restricted stock units (RSUs) to four eligible employees under the Angel Broking Employee Long Term Incentive Plan 2021. These RSUs are convertible into an equal number of equity shares, each with a face value of INR 10. The effective grant date for these RSUs is September 02, 2025.
The LTI Plan 2021, adopted in accordance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, sets the exercise price at INR 10. The RSUs will vest over a period of four years. The exercise period will commence from the vesting date and expire upon completion of 10 years from the grant date, or as determined by the NRC.
This grant is part of the company's long-term incentive strategy, with the RSUs being administered by the NRC based on eligibility criteria outlined in the LTI Plan 2021.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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