Entero Healthcare Grants 17,500 ESOPs

Entero Healthcare Solutions Ltd announced the grant of 17,500 Employee Stock Options (ESOPs) under its 'Entero Employee Stock Option Plan 2023'. This decision was approved by the Board of Directors based on recommendations from the Nomination and Remuneration Committee. The company also approved the allotment of 3,420 equity shares upon exercise of vested options. The ESOPs have an exercise price of INR 804 per share, with vesting periods ranging from 1 to 4 years and an exercise period of 8 years from vesting. This move is intended to incentivize and retain eligible employees.