Digitide Solutions has appointed Shailesha Barve as its Company Secretary and Compliance Officer effective July 08, 2026. The decision follows the resignation of Neeraj Manchanda from the positions of Company Secretary, Compliance Officer, and Head Legal, effective from the close of business hours on July 07, 2026. The appointments were approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee.

Barve is a seasoned corporate governance and compliance professional with over 22 years of experience across banking, fintech, and renewable energy sectors. He previously held leadership positions at Emmvee Group and slice Small Finance Bank. At Emmvee, he led the company's INR 29,000 million mainboard IPO, managing the entire process from conversion into a public company to listing and post-listing compliance. During his tenure at slice, he steered the post-merger integration of a unique merger involving a fintech, NBFC, and a scheduled small finance bank.

Earlier in his career, Barve was associated with Karnataka Bank Ltd., where he gained extensive experience in corporate governance, secretarial, retail banking, trade finance, and corporate banking functions. He is an Associate Member of the Institute of Company Secretaries of India (ICSI), holds a PGDBM in Finance, and is a Certified Associate of the Indian Institute of Banking & Finance (IIBF).

Key Management Changes

The transition in the company's secretarial and compliance functions is detailed below:

Manchanda resigned to pursue a career opportunity outside the organization. In his resignation letter, he expressed gratitude to the management and the Board for the trust and opportunities extended to him during his tenure. The company has stated that the information regarding these changes has been hosted on its website.

Digitide Solutions has approved the grant of 33,75,059 stock options to eligible employees and its subsidiaries under the Employee Stock Option Scheme 2026 (ESOS 2026). The Nomination and Remuneration Committee of the Board authorized the issuance, which is compliant with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The options are exercisable into 33,75,059 equity shares, each with a face value of ₹10.

The exercise price for the options has been fixed at ₹10 per share. The scheme outlines a vesting structure where options cannot vest earlier than one year from the date of the grant and must vest no later than four years. Once vested, the options can be exercised within a period of three years from the date of each vesting event.

Key Details of the Grant

The following table summarizes the material terms of the ESOS 2026 grant:

The equity shares issued upon the exercise of these options will be sourced through primary issuance or secondary acquisition via the Digitide ESOP Trust. The scheme includes provisions for handling options in cases of death, permanent incapacity, resignation, termination, or retirement. Additionally, adjustments to the number of options and the exercise price will be made for corporate actions such as rights issues, bonus issues, mergers, or division sales. There is no lock-in period for the equity shares arising from the exercise of vested options.