Quick Heal Technologies appoints Harish Kumar GS as CEO

1 min read     Updated on 19 Jun 2026, 03:19 AM
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AI Summary

Quick Heal Technologies has appointed Harish Kumar GS as its Chief Executive Officer and Key Managerial Personnel effective June 18, 2026. The Board of Directors approved the appointment based on the recommendation of the Nomination and Remuneration Committee. Harish Kumar GS brings over three decades of experience in cybersecurity and enterprise software, previously serving as Head of Sales – India & SAARC at Check Point Software Technologies.

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Quick Heal Technologies has appointed Harish Kumar GS as its Chief Executive Officer and Key Managerial Personnel effective June 18, 2026. The Board of Directors approved the appointment during its meeting held on June 18, 2026, based on the recommendation of the Nomination and Remuneration Committee. This strategic leadership move aims to leverage over three decades of industry experience to navigate the evolving cybersecurity landscape.

Leadership Profile

Harish Kumar GS brings extensive leadership experience across cybersecurity, enterprise software, technology infrastructure, networking, and digital services. Throughout his distinguished career, he has successfully led large-scale business transformations, accelerated growth, expanded market presence, and built high-performing teams across highly competitive technology markets. Prior to this appointment, he served as Head of Sales – India & SAARC at Check Point Software Technologies, where he played a pivotal role in driving business growth and strengthening the company's market leadership across the region.

Appointment Details

The key details of the leadership appointment are outlined below:

Parameter Details
Appointee Harish Kumar GS
Designation Chief Executive Officer (CEO) & Key Managerial Personnel
Date of Appointment June 18, 2026
Previous Role Head of Sales – India & SAARC
Previous Employer Check Point Software Technologies

The appointment is in compliance with Regulation 30 of the SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Quick Heal Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-1.97%+7.15%-11.72%-32.90%-49.72%-26.37%

What strategic shifts can investors expect under Harish Kumar GS's leadership regarding Quick Heal's product portfolio?

How will the new CEO's extensive sales background influence the company's expansion into international markets?

What are the potential implications for Quick Heal's competitive positioning against global cybersecurity giants?

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Quick Heal grants 2.2 lakh stock options to employees

1 min read     Updated on 19 Jun 2026, 01:40 AM
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AI Summary

Quick Heal Technologies granted 2,20,000 stock options to employees under its ESOP Scheme 2021, approved by the Nomination and Remuneration Committee on June 18, 2026. The options are exercisable into equity shares with a face value of ₹10, featuring a split pricing structure of ₹10 and ₹87 per option. Vesting occurs between one and four years, with a three-year window to exercise vested options.

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Quick Heal Technologies has granted 2,20,000 stock options to employees under its ESOP Scheme 2021. The grant was approved by the company's Nomination and Remuneration Committee on June 18, 2026. This move aims to incentivize employees through equity participation, aligning their interests with the growth of the company.

The options are exercisable into 2,20,000 equity shares, each with a face value of ₹10. The pricing structure for the grant is divided into two categories. A total of 2,00,000 options have an exercise price of ₹10 each, while the remaining 20,000 options are priced at ₹87 each. The price of ₹87 represents a 50% discount based on the NSE closing share price on June 17, 2026.

Vesting and Exercise Details

The stock options come with specific vesting and exercise timelines designed to retain talent over the medium term. The options will vest after a minimum period of one year but no later than four years from the date of grant. Once vested, the options can be exercised by the holders to acquire an equivalent number of equity shares upon payment of the exercise price and applicable taxes.

All vested options must be exercised within a maximum period of three years from the date of vesting. This structure provides employees with a defined window to realize the benefits of their options, subject to the terms and conditions of the ESOP Scheme 2021.

Regulatory Compliance

The grant of options has been executed in compliance with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The disclosure was submitted to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The following table summarizes the key details of the grant:

Particulars Details
Total Options Granted 2,20,000
Shares Covered 2,20,000 equity shares of ₹10 each
Exercise Price (2,00,000 Options) ₹10 per option
Exercise Price (20,000 Options) ₹87 per option
Minimum Vesting Period 1 year
Maximum Vesting Period 4 years
Exercise Window Within 3 years of vesting

No options have been exercised, lapsed, or varied in terms at this stage. The company stated that diluted earnings per share calculations are not applicable at this current stage of the grant process.

Historical Stock Returns for Quick Heal Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-1.97%+7.15%-11.72%-32.90%-49.72%-26.37%

How will the issuance of these new options impact Quick Heal's existing shareholding structure and potential dilution?

What is the company's strategy for funding future ESOP grants as it continues to expand its talent pool?

How might this ESOP scheme influence employee retention rates and overall productivity in the coming years?

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1 Year Returns:-49.72%