Angel One Grants 7,34,576 Restrictive Stock Units to Employee under LTI Plan 2021
Angel One Ltd has approved the grant of options under its Angel Broking Employee Long Term Incentive Plan 2021 (LTI Plan 2021). The company granted 7,34,576 Restrictive Stock Units (RSUs) to one eligible employee.The grant was made effective on June 19, 2026. These RSUs are convertible into an equal number of Equity Shares of the Company, each having a face value of Re. 1.
Key details regarding the options granted under the LTI Plan 2021 include:
- Total Options: 7,34,576 Restrictive Stock Units (RSUs).
- Recipients: One eligible employee of the Company.
- Grant Date: June 19, 2026.
- Exercise Price: Re. 1 per share.
The LTI Plan 2021 is administered by the Nomination and Remuneration Committee (NRC). A significant term of the plan stipulates that the RSUs shall vest over a period of four years.
The exercise period for these options will commence from the date of vesting. The tenure will expire upon completion of ten years from the grant date or as determined by the NRC from time to time.
A summary of the details related to the option grant is presented below:
| Detail | Specification |
|---|---|
| Type of Options | Restrictive Stock Units (RSUs) |
| Number Granted | 7,34,576 |
| Eligible Employee | 1 |
| Effective Grant Date | June 19, 2026 |
| Face Value per Share | Re. 1 |
| Vesting Period | 4 years |
| Exercise Period Duration | Extends up to 10 years from the grant date or as decided by NRC |
ANGELONE Stock Price Movement
As of 1:03 PM, Angel One Limited shares continue rallying in live trading, edging higher to ₹353.8 as the stock gains 0.28%. The equity has demonstrated strong intraday action, trading between a low of ₹352 and an elevated high of ₹360.45.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.