Quick Heal Technologies Limited has successfully obtained regulatory approval from both major Indian stock exchanges for a significant shareholding reclassification. The cybersecurity company received no-objection letters from the National Stock Exchange of India Limited (NSE) and BSE Limited for reclassifying Gagan Bharari Enterprises LLP from promoter and promoter group category to public category.

Regulatory Approval Details

The approvals were granted on March 18, 2026, under Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The reclassification process began with Quick Heal Technologies' initial application submitted to both exchanges on February 03, 2026.

Entity Being Reclassified

The reclassification specifically involves Gagan Bharari Enterprises LLP, which will transition from its current status as part of the promoter and promoter group to the public category. This change represents a structural shift in the company's shareholding pattern and governance framework.

Exchange Communications

Both NSE and BSE issued formal no-objection letters confirming their approval for the reclassification request. The NSE communication was signed by Apeksha Raichura, Manager – Listing Compliance, while the BSE approval was authorized by Jayshree Soni, Deputy Vice President - Listing Compliance, and Krishna Rathi, Deputy Manager- Listing Compliance.

Compliance Requirements

As part of the approval conditions, both exchanges have mandated that Quick Heal Technologies ensure compliance with subsequent relevant disclosures of material events related to this reclassification. The company must adhere to applicable provisions of Regulation 31A of SEBI LODR Regulations, 2015, for all future disclosures and reporting requirements.

Corporate Communication

The company's intimation to the stock exchanges was signed by Vikram Dhanani, Compliance Officer of Quick Heal Technologies Limited, confirming the receipt of both no-objection certificates. The communication emphasized that this information is being shared for the exchanges' records and information purposes.

Quick Heal Technologies Limited has announced the allotment of 18,015 equity shares under its Employee Stock Option Plan (ESOP) Scheme 2021. The cybersecurity company filed the notification with BSE Limited and National Stock Exchange of India Limited on February 27, 2026, in compliance with Regulation 10(c) of SEBI regulations.

Share Allotment Details

The company issued equity shares with a par value of ₹10 each under the ESOP Scheme 2021. The shares were allotted at multiple exercise price points, reflecting different grant periods and market conditions at the time of option grants.

Exercise Price Structure

The ESOP shares were exercised at varying price points, indicating different tranches of employee stock options granted over time. The exercise prices and corresponding premiums demonstrate the company's structured approach to employee compensation.

Updated Share Capital Position

Following the allotment, Quick Heal Technologies' share capital structure has been updated to reflect the additional equity shares issued under the ESOP scheme.

Regulatory Compliance

The newly issued shares are identical in all respects to the existing equity shares of the company. The shares have been assigned a temporary ISIN number IN8306L01019 and will be credited to the company's permanent ISIN INE306L01010 upon receipt of final trading approval from the stock exchanges. No lock-in restrictions apply to these shares, and no additional listing fees are payable for this allotment.

The notification was signed by Vikram Dhanani, Compliance Officer of Quick Heal Technologies Limited, ensuring proper regulatory disclosure and transparency in the share allotment process.