Urban Company Limited has announced the grant of 70,82,350 stock options to eligible employees under its Employee Stock Option Scheme 2015. The company's Nomination and Remuneration Committee approved this significant employee benefit initiative on January 21, 2026, through circulation at 02:00 p.m.

Stock Option Grant Details

The comprehensive stock option grant encompasses several key parameters that define the structure and terms of the employee benefit program:

Scheme Compliance and Structure

The Employee Stock Option Scheme 2015 operates in full compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. Each stock option granted under the scheme is convertible into one fully paid-up equity share having a face value of ₹1.00 each, meaning the total grant covers 70,82,350 equity shares.

The scheme incorporates comprehensive provisions for various employment scenarios including death, permanent incapacity, resignation, termination, retirement, and abandonment. Notably, the equity shares allotted pursuant to the exercise of stock options will not be subject to lock-in restrictions.

Exercise Terms and Conditions

Employees granted these stock options will have the flexibility to exercise them anytime within a 10-year period from the date of vesting. The exercise price has been set at ₹1.00 per stock option, making it accessible for eligible employees to convert their options into equity shares.

Regulatory Disclosure

Urban Company Limited has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has communicated this development to both the National Stock Exchange of India Limited (Symbol: URBANCO) and BSE Limited (Scrip Code: 544515).

The detailed information regarding this stock option grant will be made available on the company's investor relations website at investorrelations.urbancompany.com, ensuring transparency and accessibility for all stakeholders.