BSECompany Update13 Aug 2026 · 13 Aug 2026, 02:55 pm
Intimation w.r.t. Grant of options under Awfis Space Solutions Employee Stock Option Scheme - 2024, is attached herewith.
Awfis Space Solutions Ltd · 544181
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Awfis Space Solutions Ltd has granted 16,166 employee stock options under the Awfis Space Solutions Employee Stock Option Scheme – 2024. The options were granted at an exercise price of INR 191.84 per option, which is a 30% discount on the average market price of the preceding trading day. The vesting period is four years, with 25% vesting on completion of each 12 months. The options can be exercised within two years from the date of respective vesting.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Awfis Space Solutions Ltd - 544181 - Announcement under Regulation 30 (LODR)-Issue of Securities
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Date: August 13, 2026
To, To,
National Stock Exchange of India Limited (“NSE”) BSE Limited (“BSE”)
Listing Department Listing Department
Exchange Plaza, C-1 Block G, Corporate Relationship Department
Bandra Kurla Complex Bandra [E], Phiroze Jeejeebhoy Towers,
Mumbai – 400051 Dalal Street, Fort, Mumbai – 400001
NSE Scrip Symbol: AWFIS BSE Scrip Code: 544181
ISIN: INE108V01019 ISIN: INE108V01019
Subject: Grant of Options under Awfis Space Solutions Employee Stock Option Scheme – 2024
(‘Scheme’)
Ref: Disclosures under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (‘SEBI Listing Regulations’)
Dear Sir/ Madam,
In compliance with Regulation 30 of the SEBI LODR Regulations, we wish to inform that the Nomination
and Remuneration Committee (‘NRC’) of the Company at its meeting held today i.e. on August 13, 2026,
has, inter alia, considered and approved the Grant of 16,166 Employee Stock Options (‘Options’) under
Awfis Space Solutions Employee Stock Option Scheme – 2024 (‘Scheme’).
The requisite disclosure pursuant to Regulation 30 of the SEBI LODR Regulations read with
Schedule III thereto and the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated
January 30, 2026, is annexed in Annexure – A.
The meeting of the NRC commenced at 02:30 P.M. (IST) and concluded at 02:42 P.M. (IST).
The above information will also be available on the website of the Company at
https://www.awfis.com/investor-relations/initial-public-offer/compnayAnnouncement.
We request you to kindly take this on your record.
Thanking You.
For Awfis Space Solutions Limited
Shweta Gupta
Company Secretary and Compliance Officer
M. No. F8573
Address: C-28-29, Kissan Bhawan,
Qutab Institutional Area, New Delhi – 110016
Encl: as above
Corporate and Regd. Office
Awfis Space Solutions Limited
C-28-29, Kissan Bhawan, Qutab Institutional Area, New Delhi – 110016
www.awfis.com | Email: info@awfis.com | Phone: 011- 41103497
CIN: L74999DL2014PLC274236
Annexure – A
Relevant details as required under Regulation 30 of the SEBI LODR Regulations read with
Schedule III thereto and the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026
dated January 30, 2026
Sl. Particulars Details
1. Name of the Awfis Space Solutions Employee Stock Option Scheme – 2024
Scheme (‘Scheme’)
2. Brief details of 16,166 options granted by NRC to the eligible employees of Company
options granted under the Scheme.
Effective grant date being August 13, 2026.
Vesting Period: Four Years (25% on completion of each 12 months).
3. Whether the Yes
Scheme is in terms
of SEBI (SBEB &
SE) Regulations,
2021 (if applicable)
4. Total number of 16,166 equity shares of the Company having a face value of Rs. 10/- each
shares covered by (Rupees Ten each).
these options
5. Pricing Formula As per the Scheme, the NRC has the power to provide a discount of 30%
or any other percentage, as it may determine on such price as arrived
above. However, in any case the Exercise Price shall not go below the
face value of the Share of the Company.
The NRC has granted 16,166 Options at an exercise price of INR 191.84
per option (i.e. 30% discount on the average Market Price of the preceding
trading day i.e. August 12, 2026.)
6. Options Vested Not Applicable, as this outcome is pertaining to grant of Options under the
Scheme.
7. Time within which As per Annexure – A.1
option may be
exercised
Corporate and Regd. Office
Awfis Space Solutions Limited
C-28-29, Kissan Bhawan, Qutab Institutional Area, New Delhi – 110016
www.awfis.com | Email: info@awfis.com | Phone: 011- 41103497
CIN: L74999DL2014PLC274236
8. Options exercised
9. Money realized by
exercise of Options
Not Applicable, as this outcome is pertaining to grant of Options under the
Scheme.
10. The total number of
Shares arising as a
result of exercise of
Option
11. Options lapsed 5,52,047
12. Variation in terms of Not Applicable
Options
13. Brief details of The Scheme is administered by the NRC. The Scheme will be
significant terms implemented by the Direct route where the Company will allot fresh shares
directly to the employees. The grant of Options is based upon the eligibility
criteria as mentioned in the Scheme.
Vesting Period shall commence from a period of 1 (One) year from the
Grant Date and shall extend up to a maximum period of 6 (Six) years from
the Grant Date, at the discretion of and in the manner prescribed by the
NRC and set out in the Grant Letter.
The granted Options once vested shall entitle the Option holder to acquire
equal number of Equity Shares, upon payment of exercise price,
applicable taxes and other charges, if any, in accordance with terms and
conditions of the Scheme.
All Vested Options shall be respectively exercised in one or more tranches
within maximum period of 2 (Two) years from the date of respective
vesting subject to the terms and conditions as stipulated in the Scheme
and in the manner as prescribed by the NRC.
14. Subsequent
changes or
cancellation or
exercise of such
Options Not Applicable, as this outcome is pertaining to grant of Options under the
15. Diluted earnings per Scheme.
share pursuant to
the issue of equity
shares on exercise
of Options.
Corporate and Regd. Office
Awfis Space Solutions Limited
C-28-29, Kissan Bhawan, Qutab Institutional Area, New Delhi – 110016
www.awfis.com | Email: info@awfis.com | Phone: 011- 41103497
CIN: L74999DL2014PLC274236
Annexure – A.1
1 In case of Continuous Employment All Options upon vesting shall be exercisable within maximum of
2 (Two) years from the date of respective vesting.
2 Cessation of Employment:
2.1 If, at any time, a Grantee either: (1) has ceased to be Employee of the Company/Subsidiary
Company/Associate Company; or (2) Sis under notice (whether given or received) (such
Employee, is categorized as a “Leaver”), then:
a) In case of Death (Categorized as Deceased Leaver):
All Options Granted as on date of death, whether Vested or Unvested shall immediately vest
as in the hands of Legal Heirs / Nominee of the deceased leaver on that date. The Options
would be exercisable by the Legal Heirs / Nominee within a period of 12 (Twelve) months
from the date of death, failing which all the Unexercised Options shall lapse irrevocably and
the rights there under shall be extinguished and such lapsed Options shall be available for
further grants as Clause 6.2 of the Scheme.
All other terms and conditions of the Scheme shall apply to such Options. Provided that, in
order to Exercise the Options of the deceased leaver, the Legal Heirs / Nominee have to
submit the following documents to the Company, to the satisfaction of the NRC and the NRC
may at its discretion waive off the requirement to submit any of the documents:
In case nominee is not appointed (Not registered / updated by the deceased Grantee with
the depository participant wherein the Demat account is maintained and details of such
Demat account has been informed to the Company)
● Copy of the succession certificate /legal heir certificate/ probate of will / letter of
administration.
● No objection certificate from the other legal heirs.
● Photocopy of the death certificate duly attested by the proper authority (English
translated version if in the vernacular language)
● Specimen signature of the person(s) in whose name Shares are to be transmitted (duly
attested by the bank)
● Demat Account Details
● Copy of PAN card of the applicant (self – attested).
● Copy of address proof (self – attested)
● Any other data / details / document as the NRC may deem fit.
In case nominee is appointed (registered / updated by the deceased Grantee with the
depository participant wherein the Demat account is maintained and details of such Demat
account has been informed to the Company)
Corporate and Regd. Office
Awfis Space Solutions Limited
C-28-29, Kissan Bhawan, Qutab Institutional Area, New Delhi – 110016
www.awfis.com | Email: info@awfis.com | Phone: 011- 41103497
CIN: L74999DL2014PLC274236
● Photocopy of the
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