Angel One Grants 1,602 RSUs Under 2021 Long-Term Incentive Plan

Angel One Limited ( (IN:ANGELONE) ) just unveiled an update.

Angel One Limited’s Nomination and Remuneration Committee has approved the grant of 1,602 restricted stock units (RSUs) to a single eligible employee under its Angel Broking Employee Long Term Incentive Plan 2021, with each RSU convertible into one equity share of face value Rs 10 at an exercise price of Rs 10. The RSUs, which will vest over four years and can be exercised within a period extending up to 10 years from the grant date, underscore the company’s continued use of share-based compensation to retain and incentivise key talent, though the immediate impact on the company’s capital structure and earnings per share is expected to be limited given the relatively small size of the grant.

More about Angel One Limited

Angel One Limited is a Mumbai-headquartered financial services firm operating as a stock broker and investment platform, offering services including broking, depository participant services, portfolio management, research analysis, and investment advisory. The company is registered with multiple Indian market regulators and industry bodies, reflecting its focus on providing a broad suite of capital markets and investment products to retail and other investors in India.

Average Trading Volume: 49,863

Technical Sentiment Signal: Strong Buy

Current Market Cap: 218.5B INR

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