ESOP23 May 2026, 09:51 pm
Deccan Gold Mines Grants 7,50,000 Employee Stock Options
AI Summary
Deccan Gold Mines Ltd has granted 7,50,000 employee stock options under its Stock Incentive Plan 2024. The grant was approved by the Nomination and Remuneration Committee on May 23, 2026, to eligible employees of the subsidiary company. Each option is convertible into one equity share with a face value of ₹1. The exercise price is ₹20 per stock option.
Key Highlights
- Deccan Gold Mines grants 7,50,000 stock options to employees.
- The options are granted under the DGML Stock Incentive Plan 2024.
- Each option converts to one equity share with a face value of ₹1.
- The exercise price for each option is ₹20.
- The scheme complies with SEBI regulations on employee benefits.
Price Impact
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