Renaissance Global corrects ESOP grant to 51,000 options from 65,005
RGL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Renaissance Global Limited (RGL) has corrected its June 12, 2026 disclosure regarding ESOP grants. Due to a clerical error, the number of stock options granted to eligible employees under the RGL ESOP 2021 plan has been revised downward from 65,005 to 51,000 — a reduction of 14,005 options (~21.5%). The options carry an exercise price of Rs. 2 per option, vest after 1 year, and can be exercised within 3 years of vesting. Each option converts into 1 equity share of Rs. 2 face value. No other details have changed.
Reduced ESOP grant (51,000 vs 65,005) means lower potential share dilution. Minor clerical correction with no other changes.