Digitide Solutions Limited has informed the Exchange regarding submission of a copy of Srutinizers report along with voting results.
DIGITIDE · price
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Digitide Solutions Limited has received shareholder approval for its Employee Stock Option Scheme 2026 through a postal ballot process conducted between March 13 and April 11, 2026. All four special resolutions passed with overwhelming support, receiving approximately 99.13% votes in favor across all categories. The resolutions cover: (1) approval of the ESOS 2026 scheme, (2) extension of stock options to employees of subsidiary companies, (3) secondary acquisition of shares through a Trust route, and (4) provision of funds by the company for the Trust to purchase its own shares. A total of 103.8 million votes were cast representing 69.66% of outstanding shares. Promoter group voted 100% in favor, while public institutions and non-institutions also approved with strong majorities.
The approval enables Digitide Solutions to implement an employee stock option scheme, which can help attract and retain talent. The Trust route for secondary acquisition and company funding for share purchases may have minor dilution implications for existing shareholders. The strong 99% approval signals shareholder confidence in the company's long-term strategy.