Rainbow Children’s Medicare Limited has announced the grant of 2,67,550 stock options to its eligible employees under the ESOP Scheme 2025. These options represent an equal number of equity shares with a face value of ₹10 each. The grant was approved during the Nomination and Remuneration Committee meeting held on May 23, 2026, as part of the company’s long-term employee incentive program.
Stock Option Details
On May 23, 2026, the Nomination and Remuneration Committee approved the grant of 2,67,550 options to eligible staff members. Each option provides the holder the right to acquire one equity share of the company, with a face value of ₹10 per share, upon full payment of the exercise price and applicable taxes.
Pricing and Vesting Terms
The exercise price for these options is set at a discount of no more than 20% of the latest available closing price of the company’s equity shares on the National Stock Exchange as of May 22, 2026. Regarding the vesting schedule, the options will vest after a minimum period of 1 year and must be exercised within a maximum of 10 years from the date of the grant. Once vested, employees have a window of up to 2 years to exercise their options.
Updates on Previous Grants
In addition to the new issuance, the company confirmed that 8,870 stock options, which were previously granted on July 26, 2025, have been cancelled. This cancellation occurred because the respective employees exited the organization prior to the completion of their vesting period.
Source: BSE
