Angel One grants 64,637 RSUs to key employees
Angel One Limited has announced the grant of 64,637 Restrictive Stock Units (RSUs) to six eligible employees under its Angel Broking Employee Long Term Incentive Plan 2021 (LTI Plan 2021). The grant, convertible into an equal number of equity shares of the company with a face value of INR 10 each, has an effective grant date of October 03, 2025. The LTI Plan 2021 aligns with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
The exercise price for these options is set at INR 10 per share. The RSUs will vest over a period of four years, with the exercise period commencing from the vesting date and expiring after ten years from the respective grant date, or as determined by the Nomination and Remuneration Committee. This initiative aims to incentivize and retain key talent within the organization.
The grant details were formally announced on October 03, 2025. This communication emphasizes the company's commitment to employee retention and long-term performance incentives, aligning employee interests with shareholder value creation.
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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