Reliance Industries said on Monday it has alloted 10.08 lakh share options to eligible employees of the company during the quarter ended December 31.
The options would be convertible into equal number of equity shares and would be vested based on the specified criteria, the Mukesh Ambani group flagship firm informed the Bombay Stock Exchange.
The vesting period would range between one to seven years from the date of the grant and the exercise period would extend up to five
years from the date of vesting, RIL added.