EMA Partners India Limited has published its postal ballot notice in newspapers, confirming the dispatch of notices to shareholders whose names appeared on the register of members or list of beneficial owners as on Friday, June 19, 2026. The company is seeking shareholder approval for resolutions including increasing borrowing limits to the company's net worth and introducing the EMA Partners India Limited Employee Stock Option Scheme 2026 (ESOS 2026). The remote e-voting facility is open from Saturday, June 27, 2026, at 09:00 A.M. IST until Sunday, July 26, 2026, at 05:00 P.M. IST.

The Board of Directors proposes to increase the borrowing limit such that outstanding borrowings do not exceed the net worth of the company at any point in time. As per the explanatory statement, the net worth of the company as at March 31, 2026, is ₹110 Crores. This replaces the previous limit of ₹35 Crores approved in July 2024. The company is also seeking approval to sell, lease, or dispose of the whole or substantially the whole of the undertaking, or to create charges over assets to secure borrowings up to the approved limits under Section 180(1)(c) of the Companies Act, 2013.

Shareholders are also requested to approve an increase in the limit for investments, loans, and guarantees under Section 186 of the Companies Act, 2013. The proposed limit for such investments, loans, and guarantees is ₹250 Crores. The interest rates on loans given by the company shall not be less than the prevailing yield of relevant government securities.

The company has proposed the ‘EMA Partners India Limited Employee Stock Option Scheme 2026’ (ESOS 2026) to grant up to 15,00,000 options to eligible employees. Each option will convert into one equity share of face value ₹5 upon exercise. The scheme includes provisions for granting options to employees of subsidiary companies. The vesting period for options ranges from a minimum of one year to a maximum of four years, with a maximum exercise period of eight years from the grant date.

Key Postal Ballot Details

Mr. Vaibhav Dandawate and Mrs. Deepti Kulkarni, partners of Makarand M. Joshi & Co., have been appointed as scrutinizers for the postal ballot process. The results will be announced on or before Tuesday, July 28, 2026, and subsequently intimated to the National Stock Exchange of India Limited.

EMA Partners has acquired 100% equity shares of Talent Hired-The Job Store Private Limited (Taggd) for ₹95 crore in an all-cash deal. The acquisition, executed via a Share Purchase and Subscription Agreement (SPSA), aims to create one of India’s largest integrated talent solutions platforms by combining executive search with recruitment process outsourcing (RPO) services. This strategic move is expected to close within 15 days from the date of the agreement execution, subject to the satisfaction of conditions precedent.

The transaction brings together EMA Partners' expertise in board and C-suite hiring with Taggd's digital and AI-led recruitment solutions. Taggd, incorporated on October 22, 2012, is India’s largest homegrown integrated RPO services provider. The combined entity will offer integrated solutions spanning Executive Search, Professional Search, and RPO services, enhancing service capabilities and expanding market reach.

Taggd operates through its proprietary AI-led platform, TARA (Taggd AI Recruitment Assistant). The entity has cumulatively delivered over 700,000 hires to more than 100 marquee clients across 14 industry sectors. Following the completion of the transaction, Taggd will continue to operate independently under its existing brand identity and leadership team, ensuring continuity for clients and employees.

Financial Performance of Taggd

According to the disclosures, the audited turnover for FY 2024-25 stood at ₹9302.08 lakhs, up from ₹7815.97 lakhs in the previous fiscal year. The company confirmed that the transaction is not a related party transaction and does not require any specific governmental or regulatory approvals. The filing was submitted to the National Stock Exchange of India Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), 2015.