Recode Studios publishes EGM notice for ESOP 2026 approval

Recode Studios Limited has published the notice for its Extraordinary General Meeting (EGM) in newspapers, including Financial Express and Desh Sewak, on July 20, 2026. The meeting is scheduled for Tuesday, August 11, 2026, at 03:00 PM IST via Video Conferencing to seek shareholder approval for the Recode Studios Limited – Employee Stock Option Plan, 2026 (RSL ESOP, 2026). The scheme covers 3,00,000 options, equivalent to 2.82% of the existing paid-up share capital, and aims to attract and retain eligible employees by aligning their interests with the company's growth.

The EGM notice was dispatched electronically to shareholders on or before July 18, 2026, complying with SEBI and MCA circulars that dispense with the requirement for physical copies. The board has fixed Tuesday, August 4, 2026, as the record date to determine member eligibility for voting and participation. Remote e-voting facilities, provided by National Securities Depository Limited (NSDL), will commence on Saturday, August 8, 2026, at 9:00 AM IST and conclude on Monday, August 10, 2026, at 5:00 PM IST.

Key Details of RSL ESOP, 2026

Particulars	Details
Total Options	3,00,000
Shares Covered	3,00,000 equity shares of ₹10 each
Pricing Formula	Not less than face value (₹10) and not more than market price at grant
Vesting Period	Minimum 1 year, maximum up to 2 years
Exercise Window	Within 3 years from date of completion of vesting period
Lock-in Period	Up to 2 years from date of allotment

The Compensation Committee will administer the plan, determining the exercise price and vesting proportion based on performance parameters. Each option carries the right to apply for one fully paid-up equity share of ₹10 each upon exercise. The company will use the Black-Scholes option pricing model to determine the fair value of options for accounting purposes. The scheme involves only new issues of shares and does not envisage any secondary acquisition or loans.

Shareholders can access the notice and other relevant details on the company's website at https://shop.recodestudios.com/ , the BSE Limited website, and the NSDL e-voting portal. Queries regarding e-voting may be directed to Mr. Aman Goyal, Deputy Manager at NSDL. The filing was submitted to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.67%	+0.91%	+15.47%	+1.23%	+1.23%	+1.23%

Recode Studios has scheduled a virtual analyst and institutional investor meeting for July 20, 2026. The meeting will be conducted with Vijit Growth Fund to discuss company matters. This initiative is part of the company's ongoing engagement with the investment community.

The meeting details were communicated to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was filed by Dheeraj Bansal, Managing Director of Recode Studios Limited.

The company explicitly stated that no unpublished price sensitive information will be shared during the aforesaid meeting. The schedule is subject to potential changes by the analysts, investors, or the company.