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Urban Company Grants 565,100 Stock Options Under ESOP Scheme 2015
Urban Company Limited
January 13, 2026, 05:17 AM
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Urban Company Limited announced that its Nomination and Remuneration Committee (NRC) has approved a grant of 565,100 stock options to eligible employees under its Employee Stock Option Scheme 2015. The NRC meeting was held on Tuesday, January 13, 2026, commencing at 9:00 a.m. IST and concluding at 10:30 a.m. IST.
Each stock option granted is convertible into one fully paid-up equity share of the company with a face value of ₹1. The exercise price for each stock option is ₹1. These stock options can be exercised anytime within a period of 10 years from the date of vesting. The company has confirmed that the equity shares allotted upon exercise of these options will not be subject to a lock-in period. Details of the grant are in compliance with Regulation 30 of SEBI Listing Regulations and will be available on the company's investor relations website.
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