Dreamfolks Services Limited has informed the Exchange regarding the outcome of Nomination and Remuneration Committee Meeting held on May 15, 2025.
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Dreamfolks Services Limited's Nomination and Remuneration Committee, at its meeting on May 15, 2025, approved the grant of 1,00,000 (One Lakh) Employee Stock Options to eligible employees under the Dreamfolks ESOP 2021 plan. Each option is convertible into one equity share of face value Rs. 2, resulting in 1,00,000 equity shares being issuable upon exercise. The exercise price has been set at Rs. 96.46 per option, with a maximum exercise window of 5 years from the date of vesting. The options are not yet vested and no shares have been issued at this stage.
This is a routine ESOP grant that will lead to a minor dilution of existing shareholders once the options are exercised. The exercise price of Rs. 96.46 sets a benchmark for when employees will benefit, and shareholders should monitor future vesting and exercise updates.