RAINBOW · price
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Rainbow Children's Medicare Limited has granted 267,550 stock options to eligible employees under its ESOP Scheme 2025. The exercise price is set at a discount of up to 20% on the latest available closing price on NSE as of May 22, 2026. Options vest after a minimum period of 1 year and can be exercised within 2 years from the date of vesting, with a maximum vesting period of 10 years. The scheme is compliant with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. Additionally, 8,870 options previously granted in July 2025 have been cancelled due to employee exits before vesting.
ESOP grants align employee interests with shareholders and are generally viewed as a positive retention tool, though this announcement is routine and has no immediate impact on the stock price.