Allied digital services Limited has completed the allotment of 54,400 equity shares under its Employee Stock Option Plan 2020 (ESOP 2020) on April 06, 2026. The allotment was approved by the company's Nomination and Remuneration Committee through a circular resolution passed on the same date.

Share Allotment Details

The 54,400 equity shares were allotted with a face value of Rs. 5 each under the ADSL Employee Stock Option Plan 2020. The shares were issued at two different exercise price levels to accommodate different tranches of the ESOP scheme.

Impact on Share Capital

Following the allotment, Allied Digital Services Limited's paid-up equity share capital has increased substantially. The newly allotted shares will rank pari-passu with existing equity shares in all respects.

Premium and Regulatory Compliance

The shares were issued with premiums of Rs. 15 and Rs. 73 respectively, corresponding to the two different exercise price tranches. The allotment has been made in compliance with:

• Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015
• Regulation 10(c) of SEBI Share Based Employee Benefits and Sweat Equity Regulations, 2021
• Schedule III requirements for disclosure

Share Characteristics

The newly allotted equity shares carry distinctive numbers from 57111204 to 57165603 and will be issued in demat form under ISIN INE102I01027. No lock-in period applies to these shares, and no additional listing fees are payable for this allotment.

Corporate Information

Allied Digital Services Limited, with its registered office at Nariman Point, Mumbai, is listed on both BSE Limited (Scrip Code: 532875) and National Stock Exchange of India Limited (Symbol: ADSL). The company had initially filed its ESOP scheme details with the stock exchanges on 03/02/2021 under filing numbers NSE/LIST/25961 and DCS/FL/SV/ESOP-IP/1016/2020-21.

Allied Digital Services Limited has announced a significant corporate restructuring involving the conversion of an outstanding loan into equity shares in its wholly-owned overseas subsidiary. The company disclosed this development through a regulatory filing under Regulation 30 of the SEBI Listing Regulations, following a board meeting held on February 04, 2026.

Loan Conversion Agreement Details

Allied Digital Inc, the company's wholly-owned overseas subsidiary, has executed a loan conversion agreement effective March 25, 2026. Under this arrangement, the subsidiary will convert the entire outstanding loan amount into equity shares issued to the parent company.

Subsidiary Profile and Business Operations

Allied Digital Inc operates as an investment entity incorporated under the General Corporate Law of Delaware. The subsidiary is authorized to make investments in other corporates and entities, though it currently maintains no active business operations. The company's primary function involves engaging in lawful activities as permitted under Delaware corporate law.

Regulatory Compliance and Transaction Structure

The loan conversion has been structured as a related party transaction conducted on an arm's length basis, given the parent-subsidiary relationship between the entities. The transaction requires disclosure under SEBI regulations but does not necessitate additional governmental or regulatory approvals.

Strategic Impact and Rationale

The conversion serves to square off the entire outstanding loan extended by Allied Digital Services Limited to its subsidiary. This restructuring eliminates the debt obligation while maintaining the company's complete ownership of Allied Digital Inc. The transaction does not alter the existing shareholding percentage, as the parent company continues to hold 100% equity in the subsidiary.

The disclosure was made in continuation of an earlier communication dated February 04, 2026, ensuring compliance with SEBI's transparency requirements for listed entities. The company has provided comprehensive details as mandated under Schedule III of the Listing Regulations and relevant SEBI master circulars.