The NSE traded shares of Angel One Limited rose by 2.73 percent to ₹2,069.15 at 10:40 am today. In a regulatory filing with the National Stock Exchange and BSE Limited, Angel One Limited announced the issuance of 2,597 Restrictive Stock Units (RSUs) to two eligible employees under its Employee Long Term Incentive Plan 2021.
The RSUs, which are effective from March 3, 2025, can be converted into an equal number of equity shares with a face value of ₹10 each. The exercise price is set at ₹10 per share, and the units will vest over a four-year period as per the company’s Nomination and Remuneration Committee (NRC) guidelines.
This grant complies with the Securities and Exchange Board of India (Share-Based Employee Benefits and Sweat Equity) Regulations, 2021. Employees have a 10-year window to exercise these options from the grant date as determined by the NRC.
The employee incentive scheme is designed to align employee compensation with the long-term performance of the company, offering key personnel a potential equity stake. This move reflects Angel One’s strategy to reward and retain top talent within the organization while driving long-term growth and success.
