Yatharth Hospital Grants 250,000 Stock Options Under Employee Scheme - 2024
Yatharth Hospital & Trauma Care Services Limited announced the approval of a new grant of employee stock options under its "Employee Stock Option Scheme - 2024." The decision was ratified by the Nomination and Remuneration Committee (NRC) during a meeting held on August 10, 2026.The company approved the grant of 250,000 stock options to eligible employees as part of the Yatharth Hospital & Trauma Care Services Employee Stock Option Scheme - 2024. These options are designed to incentivize and reward the workforce while aligning their interests with the growth of the Company.
According to the terms of the scheme, each option granted will be convertible into an equal number of shares with a face value of Rs. 10. The Committee determined that the Exercise Price for these options is ₹10 per Option, which corresponds to the company's share face value.
Key details regarding the grant and subsequent exercise of the options are summarized in the following table:
| Feature | Details |
|---|---|
| Scheme Name | Yatharth Hospital & Trauma Care Services Employee Stock Option Scheme - 2024 |
| Number of Options Granted | 250,000 (Two Lakhs Fifty Thousands) |
| Face Value per Share | Rs. 10 each |
| Exercise Price per Option | ₹10 |
| Minimum Vesting Period | One year from the Grant Date |
| Maximum Vesting Period | Four years from the Grant Date |
| Post-Vesting Exercise Period | Two years from the date of respective vesting |
The scheme stipulates that employees who are granted options must meet specific eligibility criteria outlined in the Scheme document. The Company noted that the scheme is being implemented through a direct route for extending benefits to eligible employees via fresh allotment.
In the event of permanent disability or death of a Grantee, the minimum one-year vesting period will not apply; in such instances, the options shall vest on the date of the disability or death. Post-vesting, employees have a maximum two years to exercise their options, either wholly or partially, after submitting the required application and payment of the Exercise Price and associated charges.
YATHARTH Stock Price Movement
As of 12:10 PM, shares of Yatharth Hospital & Trauma Care Services Limited are edging higher to ₹916.6, surging 5.30% in live trading as the stock nears historic highs. The company sees robust interest today, with over 567,335 shares exchanged as it maintains strong momentum near its 52-week peak.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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