Bluspring Enterprises Limited has published newspaper advertisements regarding its postal ballot seeking shareholder approval for the comprehensive Employee Stock Option Scheme 2026. The company issued a formal notice to stock exchanges on March 24, 2026, confirming the publication of postal ballot and remote e-voting information in Financial Express (English) and Hosa Digantha (Kannada) newspapers.

Regulatory Compliance and Publication

Pursuant to Regulation 30 and 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company submitted the newspaper advertisement copies to both BSE Limited and National Stock Exchange of India Limited. The notice was signed by Arjun Sunil Makhecha, Company Secretary & Compliance Officer (ACS 29253), ensuring full regulatory compliance.

Employee Stock Option Scheme Overview

The proposed 'Bluspring Enterprises Limited – Employee Stock Option Scheme 2026' (ESOS 2026) represents a strategic initiative to attract and retain talent during the company's growth phase. The scheme will be administered through an irrevocable employee welfare trust named 'Bluspring ESOP Trust'.

Postal Ballot Resolutions

Shareholders will vote on five interconnected special resolutions covering the comprehensive ESOP framework:

Voting Timeline and Process

The remote e-voting process is being conducted through Central Depository Services (India) Limited (CDSL). The company completed dispatch of the postal ballot notice on March 23, 2026, through electronic mode to eligible shareholders.

Scheme Features and Accessibility

The ESOS 2026 targets eligible employees of the company and its subsidiaries, both in India and internationally. The scheme excludes promoters, independent directors, and directors holding more than 10% equity shares. Mr. B. Hemanth (FCS 6374; CP 6519), Practicing Company Secretary from M/s. Hemanth, Holla & Co, Bengaluru, has been appointed as the scrutinizer for the postal ballot process.

The exercise price per option will be set at the face value of shares, with vesting subject to both corporate and individual performance conditions. The company may provide interest-free loans up to 5% of paid-up capital and free reserves to facilitate share acquisition by the trust.

Source: Company/Exchange Filing

Bluspring Enterprises Limited has received a disclosure under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 from Ashish Dhawan regarding his increased shareholding in the company. The disclosure, dated March 23, 2026, reveals a significant acquisition that has pushed Dhawan's stake above the 6% threshold.

Share Acquisition Details

Ashish Dhawan acquired 1,700,000 shares of Bluspring Enterprises through open market purchase on March 23, 2026. The acquisition represents 1.14% of the company's total share capital and 1.13% of the total diluted share capital.

Shareholding Pattern Changes

The acquisition has resulted in a notable increase in Dhawan's shareholding position in the company. His total holding has moved from 7,400,000 shares to 9,100,000 shares, representing a significant jump in his ownership percentage.

Company Capital Structure

Bluspring Enterprises' equity share capital remains unchanged following this transaction. The company maintains its existing capital structure with no dilution from the acquisition.

Regulatory Compliance

The disclosure confirms that Ashish Dhawan does not belong to the promoter or promoter group of Bluspring Enterprises Limited. The acquisition was conducted in compliance with SEBI regulations, with the mandatory disclosure filed pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was digitally signed by Ashish Dhawan and submitted to both NSE and BSE along with the company's compliance officer.