StockWatch
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Software Products
ESOP21 Aug 2026, 10:20 pm

Ramco Systems Shareholders Approve ESOS 2026

AI Summary

Ramco Systems Ltd announced that its shareholders have approved the Employee Stock Option Scheme 2026 (ESOS 2026) during the 29th Annual General Meeting held on August 20, 2026. The scheme allows for the grant of up to 15,00,000 stock options, convertible into an equal number of equity shares of Rs. 10 each. The exercise price will be determined by the Nomination and Remuneration Committee, linked to the market price, with a potential discount, but not less than the face value. Options can be exercised within 10 years from vesting. The scheme aims to reward, motivate, attract, and retain high-quality talent.

Key Highlights

  • Shareholders approved the Employee Stock Option Scheme 2026 (ESOS 2026).
  • Up to 15,00,000 options convertible into equity shares.
  • Exercise price linked to market price with potential discount.
  • Scheme aims to reward, motivate, and retain employees.