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RIR Power Electronics grants stock options to employees under its 2025 ownership plan
13-Aug-2026, 07:26
RIR Power Electronics Limited announced that its Nomination and Remuneration Committee approved the grant of 1,27,340 stock options convertible into 1,27,340 equity shares of Rs 2 each to eligible employees under the “RIR Power Electronics Limited Employees Stock Ownership Plan – 2025,” according to a regulatory filing on Thursday, August 13, 2026. The exercise price for the options is Rs 2 per share, and the options will vest after one year, with eligible employees able to exercise them within four years of vesting, subject to committee terms and conditions.
RIR Power Electronics Limited announced that its Nomination and Remuneration Committee approved the grant of 1,27,340 stock options convertible into 1,27,340 equity shares of Rs 2 each to eligible employees under the “RIR Power Electronics Limited Employees Stock Ownership Plan – 2025,” according to a regulatory filing on Thursday, August 13, 2026. The exercise price for the options is Rs 2 per share, and the options will vest after one year, with eligible employees able to exercise them within four years of vesting, subject to committee terms and conditions.