Angel One Grants 73.46 Lakh Restrictive Stock Units Under Employee Incentive Plan
Angel One Ltd has announced the approval of grants of Restrictive Stock Units (RSUs) to eligible employees under the Angel Broking Employee Long Term Incentive Plan 2021. The grants, effective from April 17, 2026, cover 73,46,277 units for 452 eligible employees.The company stated that the LTI Plan 2021 has been adopted in accordance with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The total number of shares covered by these grants is 73,46,277 Equity Shares of face value Re. 1 each.
The incentive plan details the grant of 73,46,277 Restrictive Stock Units to the employees. While the RSUs are granted, the pricing information specifies an exercise price of Re. 1.
The incentive plan is administered by the Nominating and Remuneration Committee (NRC), and the grant of these units is based on the eligibility criteria defined within the LTI Plan 2021.
Vesting and Scheme Details
The units granted under the LTI Plan 2021 are structured with specific vesting schedules. The total number of units remains 73,46,277. The vesting schedule is broken down as follows:| Component | Number of Units | Vesting Period (in years) |
|---|---|---|
| Component 1 | 71,04,546 | 4 |
| Component 2 | 2,41,731 | 1 |
| Total | 73,46,277 | - |
The exercise period for these units will commence from the date of vesting and will expire upon completion of 10 years from the date of respective grant or as the NRC may decide from time to time.
ANGELONE Stock Price Movement
Today, Angel One Limited shares edged higher to close at ₹322.47, surging 10.25% in post-market trading. The equity saw heavy investor interest, settling on a strong volume of 80.87 million shares today.Source:
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.