Board Meeting28 Jul 2026, 02:06 pm
Deep Industries Board Approves AoA Amendment, ESOP Scheme
AI Summary
Deep Industries Ltd's Board of Directors has approved an amendment to the Article of Association, subject to shareholder approval, to enable the company to issue equity shares under employee stock option schemes. The board also approved the 'Deep Employee Stock Option Scheme 2026' (DIL ESOP 2026), allowing for the grant of 15,00,000 employee stock options. Additionally, the board took note of the un-audited financial results for the quarter ended June 30, 2026, and fixed August 21, 2026, as the record date for the final dividend for FY 2025-26, pending shareholder declaration at the AGM.
Key Highlights
- Board approved amendment to Articles of Association for ESOPs.
- Approved 'Deep Employee Stock Option Scheme 2026' for 15 lakh options.
- Fixed August 21, 2026, as record date for final dividend.
- Noted un-audited financial results for Q1 FY27.
- Shareholder approval required for AoA changes and dividend.
Price Impact
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