Digitide Solutions grants 33.75 lakh options under ESOS 2026

1 min read     Updated on 07 Jul 2026, 05:42 AM
scanx
Reviewed by
Suketu GScanX News Team
AI Summary

Digitide Solutions' NRC approved granting 33,75,059 options to employees at ₹10 each. Options vest between 1-4 years and are exercisable for 3 years post-vesting.

powered bylight_fuzz_icon
44928705

*this image is generated using AI for illustrative purposes only.

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:

Particulars Details
Options Granted 33,75,059
Shares Covered 33,75,059 equity shares
Face Value ₹10 each
Exercise Price ₹10 each
Vesting Period 1 year to 4 years
Exercise Period 3 years from vesting date

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.

Historical Stock Returns for Digitide Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
+1.77%+19.56%+22.39%-18.86%-55.61%-55.57%

How will the issuance of over 33 lakh new shares impact Digitide's earnings per share and existing shareholder dilution?

What does the low exercise price of ₹10 suggest about the company's current valuation and internal growth expectations?

How does this ESOP grant align with Digitide's talent retention strategy given the competitive landscape in the tech sector?

Digitide Solutions receives ₹19.76 crore tax refund for AY 2025-26

0 min read     Updated on 02 Jul 2026, 05:24 AM
scanx
Reviewed by
Anirudha BScanX News Team
AI Summary

Digitide Solutions received an income tax refund of ₹19.76 crore for the Assessment Year 2025-26 on June 30, 2026. The refund comprises a tax refund of ₹18.38 crore and an interest amount of ₹1.38 crore, pursuant to an intimation from the Centralized Processing Center, Income Tax Department, Bengaluru under Section 143(1) of the Income Tax Act, 1961. The company confirmed there is no impact on its financial, operational, or other activities.

powered bylight_fuzz_icon
44434642

*this image is generated using AI for illustrative purposes only.

digitide solutions received an income tax refund of ₹19.76 crore for the Assessment Year 2025-26 on June 30, 2026. The inflow includes a tax refund of ₹18.38 crore and an interest amount of ₹1.38 crore, as per an intimation from the Centralized Processing Center (CPC), Income Tax Department, Bengaluru. The communication was issued under Section 143(1) of the Income Tax Act, 1961.

The disclosure was made to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that there is no impact on its financial, operational, or other activities resulting from this refund. The intimation was received at 07:35 P.M. on June 30, 2026.

Breakdown of Refund

Particulars Amount
Tax Refund ₹18.38 crore
Interest Amount ₹1.38 crore
Total Refund ₹19.76 crore

The intimation is available on the company’s investor announcements website. Suraj Prasad, Chief Financial Officer, signed the disclosure submitted to BSE Ltd. and the National Stock Exchange of India Limited.

Historical Stock Returns for Digitide Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
+1.77%+19.56%+22.39%-18.86%-55.61%-55.57%

How will Digitide Solutions utilize the ₹19.76 crore refund to strengthen its balance sheet or fund future growth?

What does the significant interest component of ₹1.38 crore suggest about the duration of the tax dispute or processing delay?

Will this refund influence the company's working capital management or investment strategy in the upcoming fiscal year?

More News on Digitide Solutions

Must Read Next

Earnings

Corporate Actions

Stocks

1 Year Returns:-55.61%