Latest Breaking News On - Ecently announced to give employee stock option plan esop which would be vested within the next 5 years refex had esops 39 distribution for all eligible employees in first tranche - Page 1 : vimarsana.com
Chennai (Tamil Nadu) [India], September 29 (ANI/NewsVoir): Refex Industries Limited (Refex), a company listed on NSE & BSE and working as a part of Refex Group, recently announced to give employee stock option plan (ESOP) which would be vested within the next 5 years. Refex had announced the ESOPs' distribution for all eligible employees in the first tranche, on account of healthy growth. "This scheme was started with 20,00,000 options that were set aside for employees, of which 7,00,009 Equity Shares were granted in the first tranche to some of the employees," said Anil Jain, MD of Refex. Refex is a diversified business involved in the area of Coal and Ash handling, Power Trading, Solar power generation and Refrigerant Gases' manufacturing and re-filling. It is a pioneer in environmentally acceptable refrigerant gases. The distribution of such ESOPs has been made inclusive and includes employees across all ranks and levels of Refex. "The past 20 years have b