SAGILITY LIMITED has informed the Exchange regarding Notice of Postal Ballot
SAGILITY · price
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Sagility Limited is seeking shareholder approval via postal ballot for introducing the 'Sagility Limited – Employee Stock Options and Performance Stock Units Scheme 2026' (ESOS 2026). The scheme proposes to grant up to 3,09,10,845 stock options and 12,36,43,222 performance stock units (PSUs) to eligible employees, convertible into up to 15,45,54,067 equity shares upon exercise. Implementation will be through a new irrevocable employee welfare trust called 'Sagility ESOP Trust'. The company also seeks approval to extend benefits to subsidiary employees and to provide interest-free loans up to 5% of paid-up capital and free reserves to the trust for acquiring shares. Options vest based on continuous employment over 1-3 years, while PSUs additionally require achievement of performance criteria like revenue and margin targets. E-voting runs from May 30, 2026 to June 28, 2026.
This represents significant equity dilution for existing shareholders. If approved, up to 15.46 crore new shares could be issued, potentially affecting EPS and book value per share. However, the scheme is designed to align employee interests with long-term shareholder value creation and may help attract and retain talent for the company's growth phase.