Jyoti Resins and Adhesives Limited Schedules Board Meeting f...
01 May 2026
Urban Company Limited has announced a significant employee stock option grant, with its Nomination and Remuneration Committee approving the allocation of 1,54,29,253 stock options under the Employee Stock Option Scheme 2015. The committee's decision was made on May 01, 2026 at 15:50 p.m. IST through circulation, marking a substantial equity incentive initiative for eligible employees.
Stock Option Grant Details
The comprehensive stock option grant encompasses several key parameters that define the structure and terms of the employee benefit program:
Parameter Details Total Options Granted 1,54,29,253 stock options Scheme Employee Stock Option Scheme 2015 Exercise Price ₹1 per stock option Share Conversion Each option convertible to one equity share Face Value ₹1 per equity share Exercise Period 10 years from vesting date
Regulatory Compliance and Framework
The stock option grant operates under strict regulatory compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency in corporate governance practices.
The Employee Stock Option Scheme 2015 includes comprehensive provisions for various employment scenarios including death, permanent incapacity, resignation, termination, retirement, and abandonment. These provisions ensure proper handling of stock options across different employee lifecycle events.
Key Features and Benefits
The granted stock options offer several advantageous features for participating employees:
Conversion Flexibility: Each stock option can be converted into one fully paid-up equity share
Extended Exercise Window: 10-year period from vesting provides substantial flexibility
No Lock-in Restrictions: Equity shares obtained through option exercise are not subject to lock-in periods
Attractive Exercise Price: ₹1 per option represents a nominal exercise cost
Corporate Structure and Communication
Urban Company Limited, formerly known as UrbanClap Technologies India Limited and UrbanClap Technologies India Private Limited, maintains its registered office in New Delhi and corporate office in Gurgaon. The company has committed to hosting detailed information about this stock option grant on its investor relations website at investorrelations.urbancompany.com.
The announcement was signed by Sonali Singh, Company Secretary and Compliance Officer (Membership No.: A26585), emphasizing the formal corporate governance processes underlying this significant employee incentive initiative.
Urban Company Limited has announced its board meeting and earnings conference call schedule for the fourth quarter of fiscal year 2026. The company will present its financial results for the quarter and year ended March 31, 2026, providing stakeholders with comprehensive insights into its performance.
Board Meeting and Financial Results
The Board of Directors meeting is scheduled for Friday, May 8, 2026, where members will consider and approve the audited standalone and consolidated financial results. The meeting will focus on the company's performance for both the quarter and the complete financial year ended March 31, 2026.
Event Details: Information Meeting Date: May 8, 2026 Purpose: Approve Q4FY26 and full-year results Results Type: Audited standalone and consolidated Period Covered: Quarter and year ended March 31, 2026
Earnings Conference Call
Urban Company will conduct an earnings conference call for investors and analysts on the same day as the board meeting. The call is designed to provide detailed discussions about the company's financial performance and address stakeholder queries.
Call Schedule: Details Date: Friday, May 8, 2026 Time: 6:30 p.m. to 7:30 p.m. IST Duration: 1 hour Registration: Mandatory pre-registration required
Participants must complete mandatory pre-registration through the provided Kotak Institutional Equities Zoom webinar link to attend the earnings call.
Trading Window Guidelines
The company has provided updates regarding its trading window status in connection with the financial results announcement. Following the earlier intimation dated March 27, 2026, regarding the closure of the trading window, Urban Company has clarified the reopening timeline.
The trading window for dealing in the company's securities will reopen 48 hours after the declaration of the financial results. This measure ensures compliance with regulatory requirements and maintains market integrity during the results announcement period.
Additional Information
All relevant details regarding the board meeting and earnings call will be hosted on the company's investor relations website. The announcement was signed by Sonali Singh, Company Secretary and Compliance Officer, on April 23, 2026, ensuring proper regulatory compliance under SEBI listing obligations.
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