AAVAS Financiers Grants Stock Options Through Performance and Equity Plans
AAVAS Financiers Ltd has announced the approval of stock option grants under its various equity and performance stock option plans. The decision, made by the Nomination and Remuneration Committee of the Board of Directors on July 21, 2026, encompasses two distinct plans designed to motivate employees.The approved grants include options under the Performance Stock Option Plan- 2024 (PSOP - 2024) and the Equity Stock Option Plan- 2025 (ESOP - 2025).
| Plan Name | Number of Options Granted |
|---|---|
| Performance Stock Option Plan- 2024 (PSOP - 2024) | 50,000 |
| Equity Stock Option Plan- 2025 (ESOP - 2025) | 4,22,080 |
These plans cover a total of 4,72,080 stock options.
Key Details of the Stock Option Plans
The details of the options granted under both schemes were structured according to the respective regulations. The plans were designated as being in terms of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. All options grant entitlements are defined as they are defined in their respective Scheme documents.A summary of the significant operational terms for each plan is provided below:
| Feature | Performance Stock Option Plan- 2024 (PSOP - 2024) | Equity Stock Option Plan- 2025 (ESOP - 2025) |
|---|---|---|
| Total Options Granted | 50,000 Stock Options | 4,22,080 Stock Options |
| Vesting Schedule | Vesting occurs at the 1st, 2nd, 3rd, and 4th anniversary from the date of grant. | Vesting occurs at the 1st, 2nd, 3rd, 4th, and 5th anniversary from the date of grant. |
| Options Vested (Percentage) | 25% at each corresponding anniversary. | 20% at each corresponding anniversary. |
| Exercise Period | Options may be exercised within a period of four years from the date of each vesting of stock options. | Options may be exercised within a period of five years from the date of each vesting of stock options. |
All employees granted these options are required to adhere to the terms defined in their respective schemes and the provisions mentioned above.
AAVAS Stock Price Movement
Shares of Aavas Financiers Limited are edging higher to ₹1506.2 as of 12:04 PM today, gaining 0.59% in live trading. The stock maintains a decent intraday volume of 26,824 shares during the active market session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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