Epuja Spiritech has received in-principle approval from the Bombay Stock Exchange to implement an employee stock option scheme. The exchange sanctioned the issuance of up to 3,00,00,000 equity shares with a face value of Re.1 each.

The approval pertains to the "Epuja Spiritech Employee Stock Option Scheme 2026". The shares are designated exclusively for permanent employees of the company. This move aligns with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Scheme Details

The company filed the application under Regulation 30 of the SEBI (LODR) Regulations, 2015. The BSE granted the in-principle approval on September 21, 2026, subject to specific conditions. The company must notify the exchange after allotting the shares and crediting them to beneficiary accounts or dispatching share certificates.

Regulatory Conditions

The exchange outlined several mandatory compliances for the final listing of these shares:

• Payment of prescribed fees to the exchange.
• Receipt of statutory approvals from authorities including SEBI, RBI, and MCA.
• Adherence to all guidelines issued by the exchange and statutory bodies.
• Compliance with the Listing Agreement as on the date of listing.
• Adherence to the Companies Act, 2013, and other applicable laws.

The exchange reserved the right to withdraw the in-principle approval if submitted information is found incomplete, incorrect, or misleading. Trading permission will be issued only after the company provides notification under Regulation 10(c) of the relevant SEBI regulations.

Epuja Spiritech approved an employee stock option scheme and fixed September 30, 2026, as the date for its 47th annual general meeting at a board meeting held on September 7, 2026. The company also appointed a scrutinizer for the upcoming shareholder vote.

The Board of Directors considered matters including the grant of employee stock options equal to or more than 1% of the issued capital under the Epuja Spiritech Employee Stock Option Scheme 2026. This proposal is subject to shareholder approval.

Annual General Meeting Details

The company fixed September 30, 2026, as the date for its 47th AGM. The meeting will be held at 4:00 pm through video conferencing or other audio-visual means. Shareholders must hold shares as of the cut-off date of Tuesday, September 22, 2026, to be eligible to vote.

Remote e-voting will run from September 27, 2026, at 9:00 am to September 29, 2026, at 5:00 pm. The book closure period spans from September 23, 2026, to September 30, 2026, inclusive.

Governance Appointments

Ms. Megha Samdani, proprietor of M/s M K Samdani & Co., was appointed as the scrutinizer for the 47th AGM. The Board also approved the Director’s Report for the financial year ended March 31, 2026.

The notice for the AGM and the annual report will be submitted to stock exchanges in due course. The board meeting commenced at 6:30 pm and concluded at 7:00 pm.