Awfis Space Solutions Limited — Others, 22-05-2025: ESOP/ESOS/ESPS

Awfis Space Solutions has announced a board meeting to approve granting 10,825 Employee Stock Options under its 2024 ESOP Scheme. Priced at INR 458 each, about 30% below market, the options vest over four years at 25% annually and can be exercised within two years of vesting. Provisions cover scenarios like death, incapacity, and resignation. The fresh shares allotted upon exercise aim to motivate and retain employees by aligning their interests with shareholder value.