Mumbai, February 5, 2025 – Angel One Limited (NSE: ANGELONE, BSE: 543235) has announced the grant of 8,085 Restrictive Stock Units (RSUs) to an eligible employee under the Angel Broking Employee Long Term Incentive Plan 2021 (LTI Plan 2021). The announcement was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Details of the Grant:
Particulars | Details |
---|---|
Total RSUs Granted | 8,085 RSUs |
Eligible Employee | 1 (One) |
Effective Grant Date | February 4, 2025 |
Pricing Formula | Exercise price set at ₹10 per share |
Vesting Period | RSUs will vest over a period of four years |
Exercise Period | 10 years from the vesting date |
Diluted EPS Impact | Not applicable at this stage |
Regulatory Compliance & Plan Terms
The LTI Plan 2021 complies with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The plan is administered by the Nomination and Remuneration Committee (NRC), which determines grants based on eligibility criteria.Management Statement
Naheed Patel, Company Secretary and Compliance Officer of Angel One Limited, confirmed the grant, stating that it aligns with the company’s long-term incentive strategy aimed at employee retention and value creation.Investor Outlook
With this move, Angel One reinforces its commitment to employee engagement and long-term value creation. Investors will be keen to assess how this incentive structure impacts performance and stockholder value over the coming years.For further details, investors and stakeholders are advised to refer to the company’s official regulatory filings.