Announced Mon, 25 May · 22:04 IST
Travel Food Services Limited has informed the Exchange regarding 'Outcome of Nomination and Remuneration Committee Meeting held on May 25, 2026 - Cancellation of Stock Options'.
Corporate Actions View source PDF
TRAVELFOOD · price
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Price reaction · full curve 14 horizons · vs prior close
+5.6%1-day move
₹1160.10
prior close
₹1185.00
base price
After-mkt
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-1.4-1.3+1.4+0.5+5.6+5.8+7.7+6.5+7.7+10.5+14.2+13.3+10.3—
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AI summary
The Nomination and Remuneration Committee of Travel Food Services Limited met on May 25, 2026 and decided to cancel 4,652 Stock Options that were previously granted to employees under the company's Employee Stock Option Plan (ESOP). These cancelled options have been credited back to the company's ESOP pool account. This disclosure is made pursuant to Regulation 30 of SEBI Listing Regulations.
Likely market impact
This is an internal governance matter related to employee compensation. The cancellation of unexercised stock options reduces potential dilution for existing shareholders. No direct impact on stock price expected.