Rishabh Instruments Limited announced the grant of 20,000 employee stock options to eligible employees under the 'RIL Employee Stock Option Plan 2022, Scheme B'. This decision was approved by the Nomination and Remuneration Committee through a circular resolution on Thursday, August 28, 2025. The options are within the shareholders' approved limit of 576,000 options.
The company believes that incorporating an equity component in compensation aligns individual objectives with those of the organization. The ESOP grant aims to reward employees for their contributions to the company's success and incentivize continued contributions.
The ESOP Grant will be administered by the Nomination and Remuneration Committee (NR Committee).
Details of Options Granted:
| Particulars | Information |
|---|---|
| Brief details of options granted | The Nomination and Remuneration Committee has approved the grant of 20,000 employee stock options to the eligible employees of the Company under the existing ESOP Plan ('RIL Employee Stock Option Plan – 2022, Scheme B'), within the shareholders approved limit of 576,000 options. |
| Whether the scheme is in terms of SEBI (SBEB) Regulations, 2021 | Yes |
| Total number of shares covered by these options and the total number of shares arising as a result of exercise of options | 20,000 (Twenty Thousand) equity shares of face value of ₹10 each of Rishabh Instruments Limited. |
| Pricing formula | Pursuant to the applicable provisions of the SEBI (SBEB) Regulations 2021 and as per provisions of the existing 'ESOP Plan 2022, Scheme B', the ESOPs have been granted at a price of INR 250/-. |
| Options to be vested |
|
| Time within which option may be exercised | The exercise period shall be a maximum of six months from the date of the respective vesting of Options. |
Ajinkya Joglekar, Company Secretary and Compliance Officer, is the contact person for any queries related to this grant.
The exercise period shall be a maximum of six months from the date of the respective vesting of Options.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
