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Ritco Logistics Ltd. ( (IN:RITCO) ) has provided an update.
Ritco Logistics has announced that its Nomination and Remuneration Committee has approved a revision to the vesting schedule of stock options under its employee stock option plan, following shareholder authorization granted via postal ballot on 17 March 2026. The change shifts the second tranche of vesting from the fourth to the fifth year while maintaining the overall structure, exercise price, and number of options, and applies to unvested options already granted as well as future grants, signalling a recalibration of employee incentive timelines without altering core plan economics.
More about Ritco Logistics Ltd.
Ritco Logistics Ltd. is an India-based logistics company that provides transportation and related logistics services, operating from corporate offices in Gurugram and a registered office in New Delhi. The company is listed on both the National Stock Exchange of India and the Bombay Stock Exchange, reflecting a public market focus and regulated disclosure practices.
Average Trading Volume: 4,122
Technical Sentiment Signal: Sell
Current Market Cap: 5.31B INR
For a thorough assessment of RITCO stock, go to TipRanks’ Stock Analysis page.