Outcome of Nomination and Remuneration Committee Meeting held on May 25, 2026 - Cancellation of Stock Options
TRAVELFOOD · price
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The Nomination and Remuneration Committee of Travel Food Services Limited held a meeting on May 25, 2026, and decided to cancel an aggregate of 4,652 Stock Options that were previously granted to employees under the company's 'Travel Food Services - Employee Stock Option Plan'. These cancelled options have been credited back to the ESOP pool account of the company. This disclosure is made pursuant to Regulation 30 of the SEBI Listing Regulations.
This is a routine corporate action related to employee compensation. The cancellation of unexercised or pending ESOPs has no direct impact on shareholder value or stock price in the short term.