eClerx Services Limited Publishes Advertisement for IEPFA's Saksham Niveshak Campaign

1 min read     Updated on 30 Apr 2026, 05:49 AM
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Reviewed by
Shriram SScanX News Team
AI Summary

eClerx Services Limited published newspaper advertisements on April 29, 2026, for IEPFA's Saksham Niveshak 100-day campaign targeting shareholders with unpaid dividends. The campaign runs from April 1 to July 9, 2026, encouraging shareholders to update KYC and nomination details through registrar KFin Technologies Limited to prevent transfer of shares to IEPF.

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eClerx Services Limited has published newspaper advertisements on April 29, 2026, as part of the Investor Education and Protection Fund Authority's (IEPFA) "Saksham Niveshak" 100-day campaign. The advertisements were published in The Free Press Journal and Navshakti newspapers and are also available on the company's website.

Campaign Details

The IEPFA launched the "Saksham Niveshak" campaign from April 1, 2026, to July 9, 2026, targeting shareholders whose dividends have remained unpaid or unclaimed. The campaign aligns with IEPFA's broader objectives of investor education and facilitation, building upon the Niveshak Shivir initiative.

Campaign Parameter: Details
Campaign Name: Saksham Niveshak - 100 Days Campaign
Duration: April 1, 2026 to July 9, 2026
Target Audience: Shareholders with unpaid/unclaimed dividends
Publication Date: April 29, 2026
Newspapers: The Free Press Journal and Navshakti

Shareholder Action Required

The company is requesting shareholders with unpaid or unclaimed dividends, as well as those required to update their Know Your Client (KYC) and nomination details, to take immediate action. Shareholders can download KYC updation forms from the company's investor relations webpage at https://eclerx.com/investor-relations/information-for-physical-shareholders/ .

Registrar and Transfer Agent Details

Shareholders must submit the duly filled and signed forms along with KYC documents to the company's Registrar and Share Transfer Agent:

Contact Information: Details
Agent: M/s KFin Technologies Limited
Address: Selenium Tower B, Plot No. 31 & 32, Financial District, Nanakramguda, Serilingampally, Hyderabad - 500032, Telangana
Email: einward.ris@kfintech.com
Toll-Free: 1800-309-4001

Demat Shareholders

Shareholders holding shares in dematerialized form are advised to contact their respective Depository Participant (DP) to update their KYC details. This ensures compliance with regulatory requirements and facilitates smooth dividend processing.

Campaign Objectives

The campaign specifically aims to reach out to shareholders to update their KYC and nomination details. The company emphasizes the importance of updating these details and claiming unpaid or unclaimed dividends to ensure timely receipt of future dividends and prevent the transfer of shares and dividends to the IEPF.

For assistance regarding the "Saksham Niveshak - 100 days Campaign," shareholders can reach out to the company at investor@eclerx.com . The notice was signed by Pratik Bhanushali, VP-Legal & Company Secretary (F8538), from Mumbai on April 29, 2026.

Historical Stock Returns for eClerx Services

1 Day5 Days1 Month6 Months1 Year5 Years
+0.90%-4.70%-2.31%-38.40%+9.88%+248.37%

What percentage of eClerx's total dividend payouts remain unclaimed, and how might this impact the company's cash flow management?

Will other listed companies follow eClerx's proactive approach to the IEPFA campaign, potentially creating industry-wide KYC compliance improvements?

How might the success of this 100-day campaign influence IEPFA's future investor education initiatives and regulatory requirements?

eClerx Services Announces Vesting of 6,75,870 Employee Stock Options Under ESOP Scheme 2022

2 min read     Updated on 02 Apr 2026, 06:56 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

eClerx Services Limited announced vesting of 6,75,870 employee stock options under ESOP Scheme 2022, effective April 1, 2026. Originally granted on May 25, 2023, these options completed their 3-year vesting period with an exercise price of Rs. 709.91 per share. Employees can exercise these options within 3 years from vesting date, with the scheme administered through an ESOP Trust and maintaining full SEBI regulatory compliance.

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eClerx Services Limited has announced the vesting of employee stock options under its Employee Stock Option Scheme 2022, marking a significant milestone for employee compensation. The company informed stock exchanges about the completion of the vesting process for options granted to its workforce.

Stock Options Vesting Details

The vesting announcement covers substantial employee participation across the organization. Key details of the vesting process are outlined below:

Parameter: Details
Options Vested: 6,75,870
Vesting Date: April 1, 2026
Original Grant Date: May 25, 2023
Vesting Period: 3 years (time-based)
Exercise Price: Rs. 709.91 per share
Share Face Value: Rs. 10 each

ESOP Scheme Framework

The Employee Stock Option Scheme 2022 operates under a comprehensive framework designed to benefit employees of eClerx Services and its subsidiaries. The scheme maintains full compliance with Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

The total scheme encompasses 11,74,480 equity shares of Rs. 10 each, with the current vesting representing a significant portion of the overall allocation. The exercise price determination follows a structured approach, calculated as the lower of either the latest available closing market price on the date prior to grant finalization or the average of two weeks' high and low prices preceding the grant date.

Exercise Terms and Conditions

Employees now have specific timeframes and conditions governing the exercise of their vested options:

  • Exercise Period: 3 years from April 1, 2026
  • Administration: Managed through ESOP Trust authorized to purchase shares from secondary market
  • Exercise Window: Between vesting date and exercise expiry date as specified in grant letters

Employment Impact Provisions

The scheme includes detailed provisions addressing various employment scenarios. In cases of resignation or termination, all unvested options expire immediately upon resignation submission, while vested options remain exercisable until the employee's last working day. However, if an employee abandons employment without company consent, all options including vested but unexercised ones terminate immediately.

The Nomination and Remuneration Committee retains authority to make fair adjustments to exercise prices and option numbers in the event of corporate actions, ensuring scheme flexibility and fairness.

Regulatory Compliance

The announcement fulfills disclosure requirements under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided comprehensive details to both BSE Limited and National Stock Exchange of India Limited, maintaining transparency in its employee benefit programs and regulatory compliance standards.

Historical Stock Returns for eClerx Services

1 Day5 Days1 Month6 Months1 Year5 Years
+0.90%-4.70%-2.31%-38.40%+9.88%+248.37%

How will the potential exercise of 675,870 stock options impact eClerx's share dilution and earnings per share when employees begin exercising in April 2026?

What percentage of eClerx's workforce is covered under the remaining unallocated options from the 11.74 lakh total scheme allocation?

Will eClerx need to adjust its cash flow planning to accommodate the ESOP Trust's secondary market share purchases over the next three years?

More News on eClerx Services

1 Year Returns:+9.88%