Urban Company Limited has announced the allotment of 8,00,00,000 equity shares to its Employee Stock Option Plan (ESOP) Trust, marking a significant development in the company's employee benefit initiatives. The Nomination and Remuneration Committee of the Board approved this allotment on March 24, 2026, at 08:00 P.M. (IST) through circulation.

Share Allotment Details

The allotment involves 8,00,00,000 equity shares with a face value of ₹1 each, issued as fully paid-up shares to the Urban Company ESOP Trust under the Urban Company Limited Employee Stock Option Scheme 2015. These shares are designated for transfer to eligible employees upon exercise of their stock options under the established ESOP framework.

Impact on Share Capital

The allotment has resulted in a substantial increase in the company's equity base. The issued, subscribed and paid-up equity share capital has expanded from ₹1,46,21,80,603 to ₹1,54,21,80,603, representing the addition of 8,00,00,000 new equity shares to the existing share count.

Regulatory Compliance and Share Characteristics

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The newly allotted equity shares carry the ISIN number INE0CAZ01013 and distinctive numbers ranging from 1,46,21,89,064 to 1,54,21,89,063.

Key features of the allotted shares include:

• Ranking: All equity shares rank pari passu in all respects with existing equity shares
• Lock-in Period: No lock-in restrictions apply to these shares
• Listing: Shares are listed on both National Stock Exchange of India Limited and BSE Limited
• Certificate Status: Not applicable as shares are issued in demat form

ESOP Scheme Framework

The allotment falls under the Urban Company Limited Employee Stock Option Scheme 2015, which serves as the framework for employee stock-based compensation. The shares allocated to the ESOP Trust will be made available to eligible employees as they exercise their stock options, supporting the company's talent retention and incentive strategies.

Urban Company has maintained compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, with previous filings made on October 06, 2025 and December 09, 2025 with both NSE and BSE. The company has indicated that detailed information regarding this allotment will be available on its investor relations website at investorrelations.urbancompany.com.

SBI Mutual Fund has disclosed a substantial acquisition in urban company Limited, acquiring 6,05,09,550 shares through market purchase on March 17, 2026. The acquisition triggered mandatory disclosure requirements under SEBI regulations as the mutual fund's total holding crossed the 5% threshold.

Acquisition Details

The disclosure, filed under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, reveals that SBI Mutual Fund's various schemes collectively acquired 4.1383% additional stake in Urban Company. This acquisition brought the total holding to 9,57,11,973 shares, representing 6.5458% of the company's paid-up share capital.

Holdings Comparison

The substantial acquisition significantly increased SBI Mutual Fund's stake in Urban Company from its previous position:

Company Structure

Urban Company Limited maintains an equity share capital of Rs. 1,46,21,80,603, consisting of 1,46,21,80,603 equity shares with a face value of Rs. 1 each. The company's shares are listed on both BSE Limited and National Stock Exchange of India Limited.

Regulatory Compliance

The disclosure was made by Vinaya Datar, Chief Compliance Officer & Company Secretary of SBI Funds Management Limited, in compliance with SEBI takeover regulations. The filing was submitted to both stock exchanges where Urban Company shares are traded, ensuring transparency in substantial shareholding changes.

SBI Mutual Fund operates under SBI Funds Management Limited, with SBI Mutual Fund Trustee Company Private Limited serving as the trustee. The acquisition represents a strategic investment decision across the mutual fund's various schemes, demonstrating institutional confidence in Urban Company's business prospects.