Grant of 20,598 RSUs to one employee under the Employee Long Term Incentive Plan 2021

Angel One's Nomination and Remuneration Committee approved the grant of 20,598 Restrictive Stock Units (RSUs) to 1 eligible employee under the Angel Broking Employee Long Term Incentive Plan 2021.

Tue 6 Oct 2026

RSUs Granted

20,598 Restrictive Stock Units (RSUs)

Exercise Price

Re. 1 per share

Vesting Period

vest over 4 years

Angel One Limited informed the exchanges that its Nomination and Remuneration Committee has approved the grant of 20,598 Restrictive Stock Units (RSUs) to 1 eligible employee under the Angel Broking Employee Long Term Incentive Plan 2021.

What was granted

• 20,598 RSUs were granted, convertible into an equal number of equity shares of face value Re. 1 each.
• The effective grant date is October 05, 2026.
• The grant is to 1 eligible employee of the company.
• The exercise price is Re. 1.

How these units work

• The RSUs shall vest over a period of 4 years.
• The exercise period begins from the date of vesting and expires on completion of 10 years from the date of the respective grant, or such period as the NRC may decide from time to time.
• The LTI Plan 2021 is administered by the NRC, and the grant is based on the eligibility criteria set out in the LTI Plan 2021.
• This communication pertains to the grant of options; no options have vested or been exercised as part of it.

How an investor can read this

• RSUs are a form of employee compensation. They are granted to an employee, not sold to investors in the market, and the exercise price of Re. 1 equals the face value of the shares.
• The shares covered by these RSUs arise only when the employee exercises them, and only after vesting, which is spread over 4 years.
• The units carry an exercise window of up to 10 years from the grant date, so the conversion into shares, if it happens, would be gradual and spread over time rather than at one point.

What to take away

• The update sets out the size of the grant, the number of employees covered, the exercise price and the vesting and exercise periods.
• It is an intimation of an approved employee grant under an existing long term incentive plan.

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