BlackBuck Limited has announced the resignation of its Chief Product Officer, Mr. Manish Singh, effective March 31, 2026. The company informed the National Stock Exchange of India and BSE Limited about this senior management change in compliance with SEBI regulations.

Resignation Details

Mr. Manish Singh tendered his resignation from the position of Chief Product Officer, citing personal commitments and his decision to pursue other interests outside the organization. The resignation was communicated through an official letter dated March 23, 2026.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 and Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. BlackBuck confirmed that Singh qualifies as Senior Management Personnel as per Regulation 16(1)(d) of the Listing Regulations.

In his resignation letter addressed to Chairman, Managing Director and CEO Rajesh Kumar Naidu Yabaji, Singh confirmed there were no reasons other than those mentioned for his departure. He expressed gratitude to the Board of Directors, management, and colleagues for their support during his tenure.

Company Information

BlackBuck Limited, formerly known as Zinka Logistics Solutions Limited, is headquartered in Bangalore, Karnataka. The announcement was signed by Company Secretary and Compliance Officer Barun Pandey, who handles regulatory communications for the logistics technology company.

The resignation represents a change in the senior leadership team as Singh concludes his role overseeing product development and strategy at the company.

BlackBuck Limited has announced the allotment of 1,81,071 equity shares to its employees under two Employee Stock Option Schemes. The Nomination and Remuneration Committee of the Board of Directors approved this allotment on February 24, 2026, through a circular resolution, as part of the company's employee incentive programs.

ESOP Allotment Details

The share allotment was executed under two distinct employee stock option schemes operated by the company:

Each equity share carries a face value of Re. 1 and was issued as fully paid-up to identified employees of the company. The exercise price per share was set at Re. 1 with no premium charged.

Impact on Share Capital

The allotment has resulted in an increase in the company's equity base. Following this allotment, BlackBuck Limited's issued, subscribed and paid-up equity share capital has increased from Rs. 18,14,91,278 to Rs. 18,16,72,349.

Regulatory Compliance

The allotment was conducted in accordance with Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company had previously filed the required statements under Regulation 10(b) with both stock exchanges - BSE on January 10, 2025, and NSE on January 11, 2025.

The newly allotted equity shares will rank pari-passu with the existing equity shares of the company, ensuring equal rights and privileges for all shareholders. The shares have been issued in demat form under ISIN INE0UIZ01018, with distinctive numbers ranging from 181491648 to 181672718.

Company Information

BlackBuck Limited, formerly known as Zinka Logistics Solutions Limited, is listed on both the National Stock Exchange of India Limited and BSE Limited. The company's registered office is located at Vaswani Presidio, Panathur Main Road, Off Outer Ring Road, Bangalore, Karnataka. This ESOP allotment reflects the company's commitment to employee participation in its growth through equity-based compensation schemes.