You are here: Home » News-CM » Companies » News
Business Standard

Relaxo Footwears grants 7.71 lakh stock options under ESOP

Capital Market 

Relaxo Footwears has approved the cancellation of 3,43,800 Stock Options granted earlier under the Phase III of 'RFL Employee Stock Option Plan - 2014 ' (RFL ESOP Plan - 2014) and the said Stock Options have been credited back to ESOP pool.

The company also approved grant of 7,71,200 Stock Options, to eligible employees of the Company at an exercise price of Rs. 757.25/- per option under Phase IV of "RFL ESOP Plan - 2014.

The Options may be exercised at any time within a maximum period of four years from the date of vesting of the respective Options.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Wed, March 15 2023. 12:52 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU