ESOP23 Sept 2026, 06:51 pm
Rainbow Children's Medicare Grants 55,690 Stock Options
AI Summary
Rainbow Children's Medicare Ltd announced that its Nomination and Remuneration Committee (NRC) has granted 55,690 stock options under its Employee Stock Option Scheme 2025 to eligible employees. The options are exercisable into equity shares at a discount of up to 20% on the preceding day's closing price. The options will vest after a minimum of one year and can be exercised within two years of vesting. The company also reported that 5387 options have vested, 1922 have been exercised realizing ₹23,94,812, and 51,766 options have lapsed.
Key Highlights
- 55,690 stock options granted to employees under ESOP 2025.
- Options exercisable at a discount of up to 20% to market price.
- Vesting period is a minimum of 1 year, exercise period is 2 years post-vesting.
- 1,922 options exercised, realizing ₹23,94,812.
- 51,766 options lapsed due to employee resignations.
Price Impact
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