Rainbow Children’s Medicare Grants Stock Options to Employees

Rainbow Children’s Medicare has granted 5,660 stock options to its eligible employees under its Employee Stock Option Scheme 2025 (ESOP 2025) as approved by the Nomination and Remuneration Committee (NRC) on November 13, 2025. These options vest after a minimum period of 1 year and can be exercised within 2 years of vesting.

ESOP Grant Details

Rainbow Children’s Medicare has granted 5,660 stock options to its eligible employees under the Employee Stock Option Scheme 2025 (“ESOP 2025”). The decision was made during the Nomination and Remuneration Committee (“NRC”) meeting held on November 13, 2025.

Key Scheme Highlights

The granted stock options can be converted into an equivalent number of equity shares. The vesting period for these options starts after a minimum period of one year, with a maximum vesting period extending up to ten years from the grant date. After vesting, employees have up to two years to exercise their options. The exercise price was determined with a discount of no more than 20% on the latest available closing price on the National Stock Exchange (NSE) as of November 12, 2025.

Cancellation of Options

Notably, 17,680 stock options granted earlier, as of the Nomination and Remuneration Committee meeting held on July 26, 2025, have been cancelled due to the exit of respective employees before their vesting period could be completed.

Source: BSE

Previous Article

Tech Mahindra Subsidiary Exits Mahindra Racing UK

Next Article

Sonata Software Declares Interim Dividend, Reports Q2 2026 Results

Write a Comment

Leave a Comment

Your email address will not be published. Required fields are marked *