Raymond Ltd Approves 1,87,056 Stock Options Grant

Raymond Ltd's Nomination and Remuneration Committee has approved the grant of 1,87,056 stock options to an eligible employee under the RL ESOP 2023 scheme. The grant is made from a recycled pool of options. The options are priced at ₹740.85 per option, not less than the market price as of September 4, 2026. These options can be exercised five years from their respective vesting dates. The company has also stated that details such as vested, exercised, or lapsed options are not applicable at this time.