Arvind SmartSpaces Limited — Others, 20-05-2025: ESOP/ESOS/ESPS

Arvind SmartSpaces Limited has announced a board meeting approving the grant of 40,000 stock options under its 2016 Employee Stock Option Plan. Priced at Rs. 715.05 each, these options replace part of cash compensation linked to key performance targets. They will vest equally over three years starting May 2027, with a three-year exercise window after that. Aligning employee rewards with company performance, this step aims to drive long-term value for shareholders.