ESOP30 March 2026 at 05:11 pm
Religare Enterprises Grants 22,692 Stock Options Under Employee Stock Option Plan 2019
AI Summary
Religare Enterprises Ltd has granted 22,692 stock options under the Religare Enterprises Limited Employee Stock Option Plan 2019. The options will be vested in 5 equal annual installments of 20% each year with the first installment on completion of one year from the date of grant. Each stock option is convertible into one equity share of face value of Rs. 10/- each. The pricing formula is Rs. 220.34/- per Equity share upon exercise of stock options.
Key Highlights
- 22,692 stock options granted under Religare Enterprises Limited Employee Stock Option Plan 2019
- Options to be vested in 5 equal annual installments of 20% each year
- Each stock option is convertible into one equity share of face value of Rs. 10/- each
- Pricing formula is Rs. 220.34/- per Equity share upon exercise of stock options