Rose Merc Ltd — Important, 02-09-2025: Company Update
02-09-2025 | 06:10 pm
02-09-2025 | 06:10 pm
ROSE MERC LIMITED's Compensation Committee has granted 20,000 stock options to three employees under its RML Employee Stock Option Plan II, 2023. Each option allows employees to purchase one equity share with a face value of Rs. 10 at an exercise price of Rs. 75. These options will vest after one year and can be exercised over four years from vesting. This move incentivizes key personnel, aligning their interests with the company's growth, though it represents potential future share dilution for existing shareholders. The shares allotted upon exercise will not be subject to any lock-in period.
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