Ramkrishna Forgings Limited Approves Vesting of Employee Stock Options
Ramkrishna Forgings Limited announced on March 26, 2026, that its Nomination and Remuneration Committee approved the vesting of employee stock options (ESOPs) under the ‘RKF Limited Employee Stock Option Scheme 2023’.A total of 165,176 ESOPs were approved for vesting. This includes 164,413 ESOPs with an exercise price of Rs. 556 per ESOP and 763 ESOPs with an exercise price of Rs. 687 per ESOP.
The company stated that the scheme complies with the SEBI (SBEB) Regulations, 2021. Vested options can be exercised within a four-year period from the date of vesting.
Earlier grants of options were made on February 21, 2024, and January 16, 2025. The details of these grants are shown below:
| a) brief details of options granted; | Details |
|---|---|
| b) whether the scheme is in terms of SEBI (SBEB) Regulations, 2021 (if applicable); | Yes |
| d) pricing formula/ Exercise Price; | 1)The exercise price per ESOPis Rs. 556/- for 8,07,861 ESOPs granted on 21 February 2024 2)The exercise price per ESOP is Rs. 687 for 3051 ESOPs granted on 16 January 2025. |
| e) options vested; | 1) vesting of 164,413 ESOPs at an exercise price of Rs. 556/- per ESOP 2) vesting of 763 ESOPs at an exercise price of Rs. 687/- per ESOP |
The information is available on the company’s website at www.ramkrishnaforgings.com.
Rajesh Mundhra, Company Secretary & Compliance Officer, authorized the release.
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