RIR Power Electronics Ltd — Important, 23-02-2026: Company Update
23-02-2026 | 03:34 pm
23-02-2026 | 03:34 pm
RIR Power Electronics Limited's Nomination and Remuneration Committee has approved the grant of 0.75 Cr Stock Options under its ESOP 2025 plan. These options are convertible into an equal number of equity shares for eligible employees. The vesting schedule begins with 33% after 12 months, followed by monthly vesting over the subsequent 24 months. Employees can exercise vested options within four years from vesting completion. This initiative aims to align employee interests with shareholder value, promoting long-term ownership and retention within the company.
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