Arvind SmartSpaces grants 1.55 lakh employee stock options

On December 10, 2025, the Nomination and Remuneration Committee of Arvind SmartSpaces Limited approved the grant of 155,000 stock options to eligible employees. These options are part of the "Grant – December 2025" program under the Arvind Infrastructure Limited - Employees Stock Option Plan - 2016 (ESOP - 2016). Each option covers one equity share of INR 10, with an exercise price of INR 592.35.

The options will vest over four years, with tranches of 35,750, 38,750, 38,750, and 41,750 options vesting on December 11, 2026, 2027, 2028, and 2029, respectively. Employees have five years from the vesting date to exercise their options.

This grant complies with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (SEBI SBEB Regulations, 2021). The company affirmed that the scheme aligns with regulatory requirements.