Intimation of grant of stock options under DMR ESOP plan 2023
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On December 17, 2025, the Nomination and Remuneration Committee of DMR Engineering approved the grant of 40,000 stock options (ESOP Grant III) to eligible employees under the DMR ESOP Plan 2023. Each option is convertible into one equity share of Rs. 10 face value, and the exercise price has been set at Rs. 10 (at face value). The options will vest after one year from the date of grant, and vested options can be exercised within five years from vesting. The scheme is compliant with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
This is a small employee stock option grant with minor potential dilution (40,000 shares at face value). It is a routine retention and incentive mechanism with no immediate material impact on shareholders, though full exercise would add 40,000 shares to the equity base over time.