StockWatch
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Residential, Commercial Projects
ESOP5 Jun 2026, 06:41 pm

Raymond Realty Grants 6,98,567 Stock Options

AI Summary

Raymond Realty Limited announced the grant of 6,98,567 stock options to eligible employees under the Raymond Realty Employees Stock Option Plan 2025 (RRL ESOP 2025). The grant was approved by the Nomination and Remuneration Committee (NRC) on June 05, 2026. These options are linked to the existing Raymond Employees Stock Option Plan 2023 (Raymond ESOP 2023). The exercise price is set at ₹404.80 per option, adjusted post-demerger. The options vest over five years from the original grant date at Raymond Limited, with vesting conditions tied to time and performance metrics like revenue and PBT. A portion of 2,31,835 options are already vested, accounting for the time elapsed since the original grant.

Key Highlights

  • Raymond Realty grants 6,98,567 stock options to employees.
  • Options granted under RRL ESOP 2025, linked to Raymond ESOP 2023.
  • Exercise price set at ₹404.80 per option.
  • Vesting period is five years from original grant date.
  • Vesting is time-based and performance-linked.