Dreamfolks Services Limited has informed the Exchange about the Intimation of Grant of Options under Dreamfolks Employee Stock Option Plan 2021.
DREAMFOLKS · price
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Awaiting price reaction for this filing.
Dreamfolks Services Limited has granted 1,00,000 (One Lakh) stock options to eligible employees under its Dreamfolks Employee Stock Option Plan 2021. The grant was approved by the Nomination and Remuneration Committee on May 15, 2025. Each option is convertible into one equity share of face value Rs. 2, and the exercise price has been set at Rs. 96.46 per option. The options are not yet vested and must be exercised within 5 years from the date of vesting, subject to continued employment. The grant complies with SEBI (SBEB & SE) Regulations, 2021.
This is a routine ESOP allotment announcement. The 1,00,000 shares represent a small dilution and are aimed at employee retention/incentivisation. Likely neutral to mildly positive for shareholders, as it aligns employee interests with company performance.