Faze Three Limited — Important, 11-08-2026: Committee Meeting Updates

Faze Three Limited's Nomination and Remuneration Committee has approved changes to its Employee Trust, appointing Mr. Parameshwar Raman and Mr. Anwar Shaikh as new Trustees while accepting Ms. Shagufta Sadikot's resignation. The company also allotted 2.78 lakh equity shares, each with a face value of ₹10, to the Faze Three Employee Trust at a price of ₹10 per share. These shares are part of the Faze Three Employee Stock Option Scheme 2024 and will be transferred to eligible employees upon option exercise, expanding the company's employee incentive program. Total issued shares now stand at 2.45 crore, with a capital of Rs 24.60 crore.