Arvind SmartSpaces Grants 1 Lakh Stock Options Under ESOP-2016 Scheme
Arvind SmartSpaces Limited has granted 1,00,000 stock options to eligible employees under Grant-January 2026 pursuant to ESOP-2016, with an exercise price of ₹587.05 per share. The options will vest over five years in equal tranches of 20,000 options each, starting from January 2027 through January 2031, with employees having a 5-year exercise window from vesting date.
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Arvind SmartSpaces Limited has granted 1,00,000 stock options to eligible employees under its Employee Stock Option Plan 2016, as disclosed to the stock exchanges on January 7, 2026. The grant was approved by the company's Nomination and Remuneration Committee on January 7, 2026, under Grant-January 2026.
ESOP Grant Details
The stock options grant encompasses key parameters designed to align employee interests with company performance:
| Parameter: | Details |
|---|---|
| Total Options Granted: | 1,00,000 (One Lakh) |
| Exercise Price: | ₹587.05 per share |
| Pricing Basis: | Latest available closing price on NSE with higher trading volume on January 6, 2026 |
| Exercise Window: | 5 years from the date of vesting |
| Underlying Shares: | 1,00,000 equity shares of ₹10 each |
Vesting Schedule
The granted stock options follow a structured vesting timeline spread over five years:
| Stock Options: | Vesting Date: |
|---|---|
| 20,000 | January 7, 2027 |
| 20,000 | January 7, 2028 |
| 20,000 | January 7, 2029 |
| 20,000 | January 7, 2030 |
| 20,000 | January 7, 2031 |
Regulatory Compliance
The Employee Stock Option Plan operates in full compliance with regulatory requirements. The scheme adheres to the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (SEBI SBEB Regulations, 2021). This ensures that the stock option grant meets all prescribed standards for employee benefit schemes in the Indian capital markets.
Exercise Framework
The granted stock options provide employees with a structured pathway to equity participation. Once vested, employees will have a 5-year window to exercise their options at the predetermined price of ₹587.05 per share. The exercise price reflects market conditions as of the grant date, being based on the latest available closing price on the National Stock Exchange with higher trading volume.
Corporate Disclosure
The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with SEBI circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Company Secretary Prakash Makwana signed the disclosure document submitted to both BSE Limited and National Stock Exchange of India Limited.
This ESOP grant represents the company's continued commitment to employee retention and motivation through equity participation, allowing eligible employees to benefit from the company's future growth prospects.
Historical Stock Returns for Arvind SmartSpaces
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.57% | -9.42% | -15.11% | -18.58% | -30.86% | +396.29% |
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