Rashi Peripherals Limited has informed the Exchange about Intimation for Grant of Stock Options under Rashi Peripherals Limited Employee Stock Option Scheme, 2022.
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Rashi Peripherals Limited has announced that its Nomination and Remuneration Committee approved the grant of up to 16,20,043 stock options to eligible employees under the company's ESOP Scheme 2022 on June 24, 2025. The options are exercisable into an equal number of equity shares of face value Rs. 5 each, at an exercise price of just Rs. 10 per option, which is stated to be at a discount to the fair value of the shares as of April 1, 2025. The vesting period is a minimum of one year from the grant date, and the options must be exercised within 30 days of intimation of a Liquidity Event or as decided by the NRC. The scheme is compliant with SEBI (SBEB) Regulations, 2021. All grants are to be made within three years.
This is a routine employee stock option grant that will lead to some future dilution of existing shareholders once the options are exercised, but the low exercise price of Rs. 10 means employees stand to benefit only if shares trade significantly above this level. For retail investors, this is a standard ESOP allotment and is unlikely to cause any immediate movement in the stock price.