Dhani Services Limited has informed the Exchange regarding 'Grant of Stock Options under Dhani Services Limited Employees Stock Option Scheme 2009'.
Awaiting price reaction for this filing.
Dhani Services Limited has granted 25 lakh (2,500,000) stock options to employees under its ESOP Scheme 2009, following a meeting of the Compensation Committee on July 4, 2025. The exercise price has been set at Rs. 66.40 per share, which is just slightly above the latest closing market price of Rs. 66.38 on the NSE. These options are being reissued from previously lapsed or surrendered stock options, meaning no new shares are being created. The first vesting date is July 5, 2026, with the full vesting spread over 5 years, and vested options can be exercised within 5 years of each vesting date.
This is a routine employee compensation announcement and is not expected to have a meaningful impact on the stock price, as the options are being granted from lapsed inventory rather than new share issuance. However, the exercise price being nearly identical to the current market price suggests the company is keeping employee incentives aligned with current valuations.