Renaissance Global Ltd granted 65,005 employee stock options under its RGL ESOP 2021 plan via a circular resolution.
Each option is convertible into one equity share of face value Rs 2 at an exercise price of Rs 2 per option.
The options vest after one year from the grant date and can be exercised within a three-year period post-vesting.
The disclosure is a regulatory filing made to the exchange pursuant to SEBI Listing Obligations regulations.