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 manufacturing capabilities. The company recently announced that it has received approval from Power Grid Corporation of India Limited for the manufacturing and supply of ACSR AL59 conductors at its Rajasthan facility.

Key Details of the Approval

Implications for Dynamic Cables

This approval marks a crucial development for Dynamic Cables Limited:

1. Technical Validation: The approval establishes DCL's manufacturing plant as technically suitable for the production of ACSR AL59 conductors.

2. Enhanced Business Prospects: With this certification, DCL is expected to improve its eligibility for participation in future PowerGrid projects.

3. Growth Opportunities: The company anticipates that this approval will support additional business development opportunities in the power transmission sector.

Strategic Importance

The ability to manufacture and supply ACSR (Aluminum Conductor Steel Reinforced) AL59 conductors is strategically important in the power transmission industry. These conductors are known for their high strength-to-weight ratio and improved current carrying capacity, making them crucial components in power grid infrastructure.

By securing this approval, Dynamic Cables Limited positions itself as a qualified supplier for one of India's largest power transmission utilities. This could potentially lead to increased orders and a stronger foothold in the competitive power infrastructure market.

While the immediate financial impact of this approval is not disclosed, it represents a positive development for DCL's long-term growth prospects in the power transmission sector. Investors and industry observers will likely watch closely to see how this approval translates into concrete business opportunities for the company in the coming months.