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Rose Merc LtdUpdates, 15-05-2025: Company Update

15-05-2025 | 05:53 pm

Rose Merc has announced a board meeting granting a total of 45 lakh employee stock options under its ESOP II 2023 and ESOP 2024 plans to five eligible employees. Each option entitles the holder to one equity share of Rs. 10 each. The Compensation Committee will administer these plans, which include provisions for adjustments in case of corporate actions and scenarios like death or resignation. Shares issued on exercise of options will not be subject to lock-in, providing more flexibility to employees. This move aligns employee interests with shareholders and supports talent retention.

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