StockWatch
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Offshore Support Solution Drilling
Board Meeting28 Jul 2026, 01:42 pm

Deep Industries Approves Q1 FY27 Results, Dividend Record Date, and ESOP Scheme

AI Summary

Deep Industries Ltd announced board approval for its un-audited financial results for the quarter ended June 30, 2026. The company also set Friday, August 21, 2026, as the record date for its final dividend for FY 2025-26, subject to shareholder approval. Additionally, the board approved alterations to the Articles of Association to facilitate employee stock option schemes and adopted the 'Deep Employee Stock Option Scheme 2026' (DIL ESOP 2026). This scheme allows for the grant of 15,00,000 employee stock options, exercisable into equity shares, with exercise price determined by the Nomination and Remuneration Committee.

Key Highlights

  • Board approved Q1 FY27 un-audited financial results.
  • Record date for final dividend set for August 21, 2026.
  • Approved alteration of Articles of Association for ESOPs.
  • Adopted 'Deep Employee Stock Option Scheme 2026' (DIL ESOP 2026).
  • 15,00,000 employee stock options to be granted.