yaap digital has confirmed that its promoters and persons acting in concert (PAC) did not create any encumbrance on their shareholdings during the financial year ended March 31, 2026. This disclosure was made to the National Stock Exchange of India Limited in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The confirmation ensures transparency regarding the pledging or hypothecation of promoter shares, a key metric for investor confidence.

Atul Jeevandharkumar Hegde, Chairman and Managing Director (Promoter), declared on behalf of the promoters and PAC that no shares were encumbered directly or indirectly in FY26. The disclosure was formally submitted to the exchange on April 07, 2026. The company's Board and compliance officers facilitated the regulatory filing to ensure adherence to SEBI norms.

The shareholding data of the promoter group as of March 31, 2026, reveals a concentrated ownership structure. Atul Hegde is the largest shareholder among the promoters, followed by Subodh Menon and Sudhir Menon. The details of their respective holdings are outlined in the table below.

The filing was signed by Shivani Shivshankar Tiwari, Company Secretary & Compliance Officer, and Atul Jeevandharkumar Hegde. The absence of encumbrance indicates that the promoters have not utilized their shareholding for raising external funds during the period under review.

Yaap Digital Limited shareholders have approved the issuance of equity shares for consideration other than cash on a preferential basis and two material related party transactions at its Extraordinary General Meeting (EGM) held on May 25, 2026. The resolutions were passed through remote e-voting and e-voting during the meeting, which was conducted via Video Conferencing and Other Audio Visual Means (OAVM). These approvals support the company's strategic initiatives, including its application for in-principle approval to list shares on the NSE Emerge platform.

Voting Results

The special resolution to approve the issuance of equity shares received 99.98% approval, with 8,451,600 votes in favour and 2,000 against. The ordinary resolution for the material related party transaction with Gozoop Online Private Limited was passed with 100% approval, securing 2,058,009 votes in favour. The ordinary resolution for the material related party transaction with Yaap Digital FZ LLC was approved with 97.96% of the votes, garnering 2,016,009 votes in favour and 42,000 against.

Meeting Proceedings

The EGM commenced at 04:00 P.M. IST and concluded at 04:28 P.M. IST. Mr. Atul Jeevandharkumar Hegde, Chairman and Managing Director, chaired the proceedings. CS Sandhya R. Malhotra, Partner of M/s. Manish Ghia & Associates, was appointed as the Scrutinizer. Remote e-voting commenced on May 20, 2026, and concluded on May 24, 2026. The requisite quorum was present under Section 103 of the Companies Act, 2013, and the meeting was held in compliance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.