Renaissance Global Limited — Others, 30-06-2025: ESOP/ESOS/ESPS
30-06-2025 | 03:33 pm
30-06-2025 | 03:33 pm
Renaissance Global has announced a board meeting to approve the allotment of 20,000 equity shares following the exercise of ESOPs under its 2021 Employee Stock Option Scheme. These shares were issued at Rs. 110 each, including a premium, increasing the paid-up equity share capital marginally. The allotment reflects ongoing employee participation in the company's stock plan, with vested options exercisable within three years of vesting. This issuance raises Rs. 22 lakh and demonstrates management’s focus on aligning employee interests with shareholder value through stock-based incentives.
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