Vaibhav Global Limited — Others, 20-05-2025: ESOP/ESOS/ESPS
20-05-2025 | 10:23 pm
20-05-2025 | 10:23 pm
Vaibhav Global Limited has announced a board meeting where its Nomination, Remuneration and Compensation Committee approved granting 10,34,971 Restricted Stock Units (RSUs) and 2,13,653 Stock Options (ESOPs) to eligible employees. The RSUs vest over three years in stages of 20%, 30%, and 50%, while the ESOPs vest equally over two years. Both plans have an exercise price of Rs. 2 per share, with options required to be exercised within three months post-vesting. This initiative aims to strengthen employee alignment with shareholder interests and enhance retention.
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