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BSE SENSEX
73,088.33
+599.34
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Corporate Announcement
Security Code
532960
Company
Dhani Services Ltd
Exchange Received Time
27/06/2022 13:33:00
Exchange Disseminated Time
27/06/2022 13:33:00
Time Taken
00:00:00
Grant Of 1,16,00,000 Stock Options Of The Company |
6/27/2022 1:33:00 PM
We wish to inform that the Compensation Committee constituted by the Board of Directors of the Company has, at its meeting held today i.e. June 27, 2022, granted, under the 'Dhani Services Limited Employees Stock Option Scheme(s) - 2008 & 2009', 1,16,00,000 (One Crore Sixteen Lakh) Stock Options, out of the lapsed / surrendered Stock Options, granted earlier, representing an equal number of equity shares of face value of Rs. 2/- each in the Company, at an exercise price of Rs. 30/- (against Rs. 29.60, which is the latest available closing market price on the National Stock Exchange of India Limited, as on June 24, 2022). In compliance with SEBI ESOP Regulations, the Promoter Director shall not be eligible to participate in such grant of Stock Options. The Stock Options so granted, shall vest within 5 years beginning from June 28, 2023, the first vesting date. The options vested under each of the slabs, can be exercised within a period of five years from the relevant vesting date.
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