ESOP23 Jun 2026, 06:30 pm
Rose Merc Ltd Grants 20,000 Stock Options Under ESOP Plan
AI Summary
Rose Merc Ltd announced that its Compensation Committee has granted 20,000 stock options to 3 eligible employees under the 'RML Employee Stock Option Plan II 2023'. Each option is convertible into one equity share of Rs. 10 face value. The options have an exercise price of Rs. 70 and will vest after one year, with an exercise period of four years from vesting. The ESOP scheme is compliant with SEBI (SBEBSE) Regulations, 2021. This disclosure is made as per Regulation 30 of SEBI Listing Regulations.
Key Highlights
- 20,000 stock options granted to 3 employees.
- ESOP Plan II 2023 compliant with SEBI regulations.
- Exercise price set at Rs. 70 per option.
- Options vest after one year, exercisable within four years.
- No lock-in period for shares allotted upon exercise.
Price Impact
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