Faze Three Limited has granted 3,31,154 employee stock options to eligible employees under the Faze Three Employee Stock Option Scheme 2024. The options are exercisable into an equal number of fully paid-up equity shares with a face value of ₹10 each. This approval was granted by the company's Nomination and Remuneration Committee on June 29, 2026, in compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

The grant is divided into two tranches with distinct pricing and vesting structures. A total of 1,24,000 options have been priced at ₹10 per share, while the remaining 2,07,154 options carry a price of ₹425 per share. The options are issued to align employee interests with company growth and incentivize long-term performance.

Grant and Vesting Details

The vesting schedules differ based on the tranche. The lower-priced options will vest after one year from the date of grant. The higher-priced options will vest over a period of five years from the grant date in equal annual instalments of 20%.

Exercise Terms

The exercise period for the granted options is five years from the date of respective vesting. The scheme is fully compliant with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The disclosure was submitted to BSE Limited and National Stock Exchange of India Limited pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Faze Three Limited's promoters have confirmed that no encumbrance was created on the company's shares held by them directly or indirectly during the financial year ended March 31, 2026. This disclosure ensures that the shareholding structure remains free from pledged assets, providing stability to the company's equity base for the period under review.

Regulatory Compliance

The declaration was submitted by Ajay Anand on behalf of all promoters and members of the promoter group. The confirmation was provided in accordance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The disclosure was addressed to the members of the Audit Committee of faze three , BSE Limited, and the National Stock Exchange of India Limited.

Disclosure Details

The letter, dated April 06, 2026, explicitly states that neither the promoters nor persons acting in concert have made any encumbrance over the shares of Faze Three Limited during the specified financial year. The confirmation covers shares held both directly and indirectly by the promoter group.