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Raymond Lifestyle Approves ESOP Grant To Strengthen Talent Retention And Long-Term Growth Strategy

• By  Textile Excellence
• January 11, 2026

Raymond Lifestyle Limited has approved the grant of 11,04,470 employee stock options under the Raymond Lifestyle Employees Stock Option Plan 2025, reinforcing its focus on talent retention and performance driven growth. The decision was taken by the Nomination and Remuneration Committee at its meeting held on January 9, 2026.

The stock options have been granted to eligible employees and existing option holders under the Raymond Employees Stock Option Plan 2023. Each option carries an adjusted exercise price of ₹1,040.69 per equity share, which has a face value of ₹2. The options can be exercised within five years from the vesting date, offering employees a long-term stake in the company’s growth journey.

Raymond Lifestyle stated that the vesting structure remains aligned to time based and performance linked criteria, including parameters such as revenue growth, EBITDA, market capitalisation and return on capital employed. A total of 1,14,286 options has already vested, reflecting time elapsed since the original grant under Raymond Limited.

The move comes at a time when the Indian lifestyle and apparel market continues to expand steadily, supported by rising urban consumption and premiumisation trends. Industry estimates place India’s apparel and lifestyle market at over US$110 billion, growing at nearly 10% annually. The ESOP grant underlines Raymond Lifestyle’s intent to align employee interests closely with shareholder value while strengthening leadership continuity across its businesses.

Raymond Lifestyle stated that the vesting structure remains aligned to time based and performance linked criteria, including parameters such as revenue growth, EBITDA, market capitalisation and return on capital employed. A total of 1,14,286 options has already vested, reflecting time elapsed since the original grant under Raymond Limited.