Urban Company has released its comprehensive 'Ride to Rise' report through an official press release disclosure, demonstrating the substantial impact of mobility on women professionals' earning potential. The study, conducted through the company's Udaan training program across key urban markets including Mumbai, Delhi NCR, Bengaluru and Hyderabad, provides compelling evidence of how transportation access directly translates to improved financial outcomes.

Key Research Findings

The study's primary finding reveals that women professionals who own two-wheelers experience a notable 14.00% increase in their net monthly earnings compared to those dependent on public or hired transport. This research provides concrete evidence of how mobility solutions create measurable economic benefits for women in the professional services sector.

Program Impact and Financial Benefits

The Udaan initiative has created an end-to-end mobility ecosystem spanning training, licensing, financing and ownership. The report highlights how faster travel between service bookings, reduced waiting time, fewer transportation cancellations and improved access to peak-hour demand directly contribute to greater economic independence for women professionals.

Leadership Commentary

Commenting on the report release, Abhiraj Singh Bhal, Chief Executive Officer, Urban Company Limited, emphasized mobility as a powerful economic enabler. He noted that the initiative addresses not just logistical constraints but designs a complete pathway to independence, with the program supporting many first-time riders and first-time borrowers while building confidence and independence.

Regulatory Disclosure

The findings were disclosed through an official press release under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, filed with both NSE and BSE exchanges, demonstrating the company's commitment to transparency regarding initiatives that impact business operations and stakeholder value.

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.