Dynamic cables announced the grant of 2,00,000 employee stock options to eligible employees under its DCL-ESOP 2024 scheme. The Nomination and Remuneration Committee of the company approved this grant through a circular resolution passed on December 11, 2025.

ESOP Grant Details

The employee stock option plan covers significant benefits for the company's workforce. The following table outlines the key parameters of the grant:

Vesting and Exercise Framework

The ESOP scheme incorporates a structured timeline for option vesting and exercise. Options shall vest with a minimum period of one year and maximum period of five years from the grant date. The vesting schedule will be determined at the discretion of the Nomination and Remuneration Committee as prescribed in individual grant letters.

Once vested, employees can exercise their options within a maximum period of three years from the vesting date. This provides flexibility for employees to time their option exercise based on market conditions and personal financial planning.

Regulatory Compliance

The DCL-ESOP 2024 scheme operates in full compliance with regulatory requirements. The plan adheres to the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The grant intimation was made pursuant to Regulation 30 read with Schedule III of the SEBI Listing Regulations.

Share Transfer Provisions

Shares issued upon exercise of the options will be freely transferable without lock-in restrictions, except as required under applicable laws or regulatory requirements. This ensures liquidity for employees once they exercise their options and receive the underlying equity shares.

The ESOP grant reflects Dynamic Cables Limited's commitment to employee retention and participation in the company's growth trajectory through equity participation.

Dynamic Cables Limited (DCL) has achieved a significant milestone in its global expansion strategy by obtaining UL 854 certification from UL Solutions. This key regulatory approval for cable products marks a crucial step in the company's efforts to penetrate international markets, particularly the United States and other UL-regulated regions.

Certification Details

Strategic Implications

The UL Certification is expected to have several positive impacts on Dynamic Cables Limited's business operations:

Enhanced Export Capabilities

The certification enables DCL to supply UL854 standard cables to the United States market, opening up significant export opportunities.

Broader Market Access

Beyond the U.S., the certification may facilitate entry into other international markets that recognize or require UL standards.

Increased Product Acceptance

UL certification is widely recognized as a mark of quality and safety, potentially enhancing the acceptance of DCL's cable products in global markets.

Competitive Advantage

This certification may give Dynamic Cables an edge over competitors who haven't obtained similar approvals for international markets.

Company's Disclosure

Dynamic Cables Limited made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has stated that this information is available on their website ( www.dynamiccables.co.in ), demonstrating transparency in their communications with stakeholders.

While the financial impact of this certification is not immediately quantifiable, it represents a strategic move that could potentially lead to increased sales and market share in international markets.