Raymond Realty Approves Employee Stock Option Plan 2025 Post Demerger

Raymond Realty Ltd. has approved a similar Employee Stock Option Plan (ESOP) 2025 for its eligible employees following the demerger of Realty Business from Raymond Limited. The option holders under the erstwhile scheme will be entitled to options under this new plan in the same share exchange ratio fixed under the Scheme of Arrangement for demerger i.e. 1:1 equity shares. The company will seek approval of its shareholders for the aforesaid ESOP Scheme separately. The ESOP Scheme 2025 will cover up to 16,80,588 equity shares through primary and/or secondary route together. The exercise price of ESOPs shall be adjusted to keep the total value of the options and total exercise price payable by employees the same after the corporate action.