Rose Merc Ltd

Rose Merc Ltd

Rose Merc Ltd announced the grant of 20,000 stock options to three eligible employees under its "RML Employee Stock Option Plan II, 2023". Each option converts into one equity share of Rs. 10 face value, with an exercise price of Rs. 70 per option. The options will vest after one year from the grant date and can be exercised over a four-year period thereafter. This grant is in terms of SEBI (SBEBSE) Regulations, 2021, and aims to incentivize and retain key talent.

Rose Merc Ltd

Rose Merc Ltd announced the grant of 20,000 employee stock options to three eligible employees under its RML ESOP II 2023 plan. Each option can be converted into one equity share with a face value of Rs. 10 at an exercise price of Rs. 70. The options will vest after one year from the grant date and can be exercised over a four-year period.