OnEMI Technology Solutions Limited has informed the Exchange regarding Notice of Postal Ballot
KISSHT · price
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OnEMI Technology Solutions Limited (KISSHT) has issued a Postal Ballot Notice seeking shareholder approval for 6 Special Resolutions related to its Employee Stock Option Plans. The resolutions cover: (1) amendment and ratification of Kissht ESOP 2019, (2) extension of ESOP 2019 to group company employees including subsidiaries and associates in India and abroad, (3) amendment and ratification of Kissht ESOP 2021, (4) extension of ESOP 2021 to group company employees, (5) amendment and ratification of Kissht ESOP 2022, and (6) extension of ESOP 2022 to group company employees. Remote e-voting runs from May 29, 2026 to June 27, 2026. All resolutions are Special Resolutions requiring 75% shareholder approval. The company is engaging NSDL for e-voting facilities.
Approval will allow the company to continue and expand its employee stock option programs to subsidiaries and associates globally, which may lead to share dilution but also helps retain and motivate employees across the group. Shareholders should consider the potential dilution impact on their holdings.