Urban Company Grants 565,100 Stock Options Under Employee Stock Option Scheme 2015

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Key Highlights

Urban Company Limited's Nomination and Remuneration Committee approved the grant of 565,100 stock options to eligible employees under the Employee Stock Option Scheme 2015 on January 13, 2026. The options are priced at ₹1.00 each and can be exercised within 10 years of vesting, with each option convertible into one equity share of ₹1.00 face value. The grant complies with SEBI regulations and the resulting shares will not have lock-in restrictions.

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Urban Company Limited has announced the grant of 565,100 stock options to eligible employees under its Employee Stock Option Scheme 2015. The Nomination and Remuneration Committee of the company's board approved this grant during its meeting held on January 13, 2026.

Stock Option Grant Details

The committee meeting, which commenced at 09:00 a.m. IST and concluded at 10:30 a.m. IST, resulted in the approval of stock options that comply with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The grant represents a significant employee benefit initiative by the company.

Parameter: Details
Total Options Granted: 565,100 stock options
Exercise Price: ₹1.00 per stock option
Face Value per Share: ₹1.00 each
Conversion Ratio: 1 option = 1 equity share
Exercise Period: 10 years from vesting date

Key Terms and Conditions

Each stock option granted under the ESOP Scheme 2015 is convertible into one fully paid-up equity share having a face value of ₹1.00 each. The exercise price has been set at ₹1.00 per stock option, making it accessible for eligible employees.

The stock options carry a 10-year exercise window from the date of vesting, providing employees with substantial flexibility in timing their exercise decisions. Additionally, the equity shares allotted pursuant to the exercise of these stock options will not be subject to lock-in restrictions.

Regulatory Compliance

The grant has been made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The ESOP Scheme 2015 includes provisions for handling stock options in various scenarios including death, permanent incapacity, resignation, termination, retirement, and abandonment.

Corporate Communication

The disclosure was signed by Sonali Singh, Company Secretary and Compliance Officer (Membership No.: A26585), and has been communicated to both the National Stock Exchange of India Limited (Symbol: URBANCO) and BSE Limited (Scrip Code: 544515). The company has also indicated that these details will be hosted on its investor relations website at investorrelations.urbancompany.com.

Historical Stock Returns for Urban Company

1 Day5 Days1 Month6 Months1 Year5 Years
+2.47%-1.33%-0.06%+16.09%-3.70%-5.22%

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1 Year Returns:-3.70%