Rainbow Children’s Medicare Limited announced the grant of 55,690 stock options to its eligible employees under the Employee Stock Option Scheme 2025. The grant was approved by the Nomination and Remuneration Committee on September 23, 2026. These options are exercisable into an equivalent number of equity shares at a discounted price.
Employee Stock Option Grant
Rainbow Children’s Medicare Limited has officially granted 55,690 stock options to its eligible employees. This decision was made by the Nomination and Remuneration Committee during its meeting on September 23, 2026, as part of the company’s Employee Stock Option Scheme 2025 (“ESOP 2025”).
Scheme Details
The scheme aligns with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The granted options can be exercised to acquire 55,690 equity shares, each with a face value of ₹10. The exercise price is determined at a discount not exceeding 20% on the latest available closing price of the company’s equity shares on the National Stock Exchange of India Limited (NSE).
Vesting and Exercise Period
Stock options will vest after a minimum period of 1 year, with a maximum vesting period of 10 years from the grant date. Once vested, options can be exercised within a maximum period of 2 years from each vesting date. As of the announcement, 5,387 options have vested, and 1,922 options have been exercised, resulting in 1,922 equity shares being issued and ₹23,94,812 in money realized.
Source: BSE
