Raymond Lifestyle Limited has informed the Exchange regarding ' Intimation for Grant of Options under Raymond Lifestyle Employees Stock Option Plan 2025 '.
RAYMONDLSL · price
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Raymond Lifestyle Limited has informed the stock exchanges that its Nomination and Remuneration Committee, at a meeting held on January 9, 2026, approved the grant of 11,04,470 stock options under the Raymond Lifestyle Employees Stock Option Plan 2025 (RLL ESOP 2025). These options are being granted to eligible employees who currently hold options under the Raymond Employees Stock Option Plan 2023. The exercise price has been set at Rs. 1,040.69 per option, with each option convertible into one equity share of Rs. 2 face value. Vesting will be time-based and/or performance-based (linked to market capitalization, revenue, EBITDA, and ROCE), with a maximum vesting period of 5 years from the original grant date at Raymond Limited. The scheme is fully compliant with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
This is a routine ESOP grant with no immediate material impact on shareholders. The exercise price of Rs. 1,040.69 is significantly above the face value of Rs. 2, meaning dilution will only occur if the stock appreciates well above current levels. Existing shareholders are not directly affected, though potential future dilution exists upon exercise of these options.