Novus Loyalty will hold a meeting of its Board of Directors on Monday, August 3, 2026, at 4:00 PM to consider strategic expansions and capital restructuring. The agenda includes approving an Employee Stock Option Plan (ESOP), establishing a wholly owned subsidiary in Dubai, and increasing the authorized share capital from ₹18 crore to ₹20 crore. These moves signal the company’s intent to incentivize employees and expand its international footprint.

The meeting is scheduled to take place at the company’s registered office located at 727 Udyog Vihar Phase V, Gurugram, Haryana. The intimation was issued pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and communicated to BSE Limited (SME) on July 27, 2026.

Strategic Agenda Items

The Board will deliberate on three primary business matters alongside the procedural requirement to convene an Extraordinary General Meeting (EGM) for shareholder approval.

The proposed ESOP aims to align employee interests with long-term shareholder value, though specific terms regarding the option pool size and vesting schedules are yet to be disclosed. The establishment of the Dubai subsidiary is intended to support the company’s business growth and expansion into new markets, subject to local regulatory requirements.

Capital Restructuring

The increase in authorized share capital from ₹18 crore to ₹20 crore provides the company with additional headroom for future equity issuances without requiring immediate shareholder approval for each tranche. This adjustment reflects a modest expansion of the company’s capital framework, likely intended to facilitate future fundraising or corporate actions.

Shareholder Approval Process

The Board will also approve the issuance of notice to convene an Extraordinary General Meeting (EGM). This step is necessary to obtain formal member approval for the ESOP scheme, the incorporation of the foreign subsidiary, and the alteration of the memorandum of association regarding the increased authorized capital. The intimation confirms that these matters are subject to applicable laws and regulatory compliance.

What the Numbers Show

While no financial performance data was included in this specific filing, the decision to expand internationally via a Dubai subsidiary suggests management’s confidence in revenue growth prospects. The simultaneous approval of an ESOP indicates a focus on retaining talent during this expansion phase. The relatively small increase in authorized capital (₹2 crore) implies that immediate large-scale equity dilution is not anticipated, preserving existing shareholder ownership percentages in the near term.

Novus Loyalty Limited will participate in the Global Fintech Fest 2026 as a Bronze Partner, aiming to strengthen its business development and brand outreach. The company intends to showcase its AI-powered loyalty and engagement solutions to industry leaders, prospective clients, and strategic partners during the event.

The participation was disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Vibhore Rastogi, Compliance Officer & CFO of Novus Loyalty Limited, submitted the intimation to BSE Limited on July 27, 2026.

Event Details

The company has secured a specific location for its exhibition stand at the Global Fintech Fest 2026 (GFF 2026). The details of the participation are as follows:

This engagement is part of the company's broader strategy to enhance market visibility and connect with key stakeholders in the fintech sector. The intimation has also been made available on the company's website for investor information.