News Corporate Actions Angel One Grants 7,886 RSUs to Employee Under Long Term Incentive Plan 2021Angel One Grants 7,886 RSUs to Employee Under Long Term Incentive Plan 2021
Angel One Limited's Nomination and Remuneration Committee has approved the grant of 7,886 Restrictive Stock Units to one eligible employee under the Employee Long Term Incentive Plan 2021. The RSUs, with an exercise price of Rs. 1 and effective grant date of March 06, 2026, will vest over 4 years and can be exercised within 10 years of the grant date. Each RSU converts to one equity share of face value Rs. 1, demonstrating the company's commitment to employee retention and alignment with shareholder interests through equity-based compensation.
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Angel One Limited has announced the grant of 7,886 Restrictive Stock Units (RSUs) to one eligible employee under its Employee Long Term Incentive Plan 2021. The Nomination and Remuneration Committee approved this grant in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Grant Details and Structure
The RSU grant represents a significant employee benefit initiative by the financial services company. Each RSU is convertible into one equity share of the company with a face value of Rs. 1 each. The effective grant date for these stock units is March 06, 2026.
| Parameter | Details |
|---|---|
| Total RSUs Granted | 7,886 units |
| Number of Recipients | 1 eligible employee |
| Face Value per Share | Rs. 1 |
| Exercise Price | Rs. 1 |
| Grant Date | March 06, 2026 |
| Vesting Period | 4 years |
Regulatory Compliance and Framework
The Long Term Incentive Plan 2021 has been adopted by Angel One Limited in accordance with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. This ensures full regulatory compliance for the employee stock option scheme.
The plan is administered by the Nomination and Remuneration Committee, which oversees the grant of options based on eligibility criteria specified in the LTI Plan 2021. The committee has the authority to determine various aspects of the option grants, including timing and terms.
Exercise and Vesting Terms
The RSUs are structured with specific vesting and exercise parameters designed to align employee interests with long-term company performance. The vesting schedule spans 4 years, providing a gradual release of benefits to the recipient.
| Terms | Specifications |
|---|---|
| Vesting Schedule | Over 4 years |
| Exercise Period Start | From vesting date |
| Exercise Period End | 10 years from grant date |
| Conversion Ratio | 1 RSU = 1 Equity Share |
The exercise period for the options will commence from the date of vesting and will expire upon completion of 10 years from the respective grant date, or such other period as may be decided by the Nomination and Remuneration Committee from time to time.
Plan Administration
The Employee Long Term Incentive Plan 2021 serves as Angel One's primary vehicle for providing equity-based compensation to eligible employees. The plan is designed to attract, retain, and motivate key personnel while aligning their interests with shareholders.
As this communication pertains specifically to the grant of options under the LTI Plan 2021, details regarding vesting, exercise, money realized, and diluted earnings per share are not applicable at this stage. These metrics will become relevant as the RSUs progress through their vesting schedule and potential exercise phases.
Historical Stock Returns for Angel One
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.28% | -10.93% | -16.99% | -4.41% | +4.35% | +566.55% |
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