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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Dreamfolks Services Limited's Nomination and Remuneration Committee approved the grant of 1,98,000 (198,000) employee stock options to eligible employees under the Dreamfolks Employee Stock Option Plan 2021. Each option is convertible into one fully paid-up equity share of face value Rs. 2/- at an exercise price of Rs. 96.46. Options can be exercised within 5 years from the date of vesting, subject to continued employment. The grant complies with SEBI (SBEB & SE) Regulations, 2021, and has been disclosed under Regulation 30 of the SEBI LODR Regulations.
The grant is a routine employee incentive exercise with minimal share dilution (198,000 shares against existing equity). It aligns employee interests with shareholders and has no immediate impact on the stock price.