Rainbow Children's Medicare grants stock options to employees
Rainbow Children's Medicare Limited announced its Nomination and Remuneration Committee granted 5,660 stock options under the Employee Stock Option Scheme 2025 (ESOP 2025) to eligible employees on November 13, 2025. These options will be exercisable into 5,660 fully paid-up equity shares, each with a face value of ₹10. The scheme complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
The exercise price for the granted options was determined at a discount of not more than 20% on the latest available closing price of the company's equity shares on the National Stock Exchange of India Limited (NSE) as of November 12, 2025. Vested stock options can be exercised within a maximum period of two years from the vesting date, with a minimum vesting period of one year.
Additionally, 17,680 stock options previously granted on July 26, 2025, were cancelled due to employees exiting prior to completing their vesting period. The current grant represents a new incentive for the company's workforce.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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