Independent Director Utpal Vaishnav resigned from Yudiz Solutions Limited effective May 22, 2026, due to extended international travel preventing him from fulfilling his duties. The resignation, submitted via a letter dated May 22, 2026, was accepted by the Board. Consequently, Vaishnav ceased to be a member of the Nomination and Remuneration Committee and the Stakeholders Relationship Committee.

The disclosure was made to the National Stock Exchange of India under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The company confirmed that there are no other material reasons for the resignation beyond those stated in the letter. The Board of Directors placed on record its appreciation for Vaishnav's guidance and contributions during his association with the company.

The resignation was processed in compliance with the Companies Act, 2013, and relevant SEBI circulars. Bharat Shamjibhai Patel, Chairman & Whole Time Director, signed the regulatory filing on May 23, 2026. The specific cessation time was noted as the close of business hours on May 22, 2026.

Resignation Details

Yudiz Solutions Limited has entered into a strategic partnership with MetaShot for the development and launch of the world’s first smart pickleball game. The exclusive title is being built for MetaShot’s motion gaming console and is scheduled for release in the US in Q3 FY26. This collaboration marks a significant milestone as MetaShot opens its proprietary SDKs to a third-party gaming studio for the first time.

The partnership leverages yudiz solutions 's expertise in creating innovative gaming experiences across mobile, web, and immersive technologies. The company reported a year-on-year revenue growth of 115% for FY 26. The integration of the smart pickleball game was completed in record time, demonstrating the efficiency of developing for the MetaShot motion platform.

Strategic Vision and Market Potential

The launch targets the rapidly growing pickleball market, which boasts over 50 million players globally. The global pickleball market is projected to grow from $2.2 billion in 2024 to $9.1 billion by 2034, reflecting a 15.3% CAGR. In India, the number of active players has surged nearly 300% in three years, while courts have grown 10–12x across the country.

MetaShot's Ecosystem Expansion

MetaShot, founded in 2021, began selling its Smart Cricket Bat in August 2023. The company recently secured funding from Sauce.vc, Sharp Ventures, Panthera Peak, Ventana Ventures, and the Government of Karnataka. Following the success of its cricket game, which recently hit 5 million completed matches, the company is now expanding its platform ecosystem to include third-party developers.

Future Roadmap

The smart pickleball game is the first of several planned studio partnerships and new game launches on the MetaShot platform. MetaShot announced plans to launch its developer platform ecosystem soon, inviting gaming studios globally to create unique sports gaming experiences. Yudiz Solutions aims to expand into more motion-based sports and interactive gaming experiences for global audiences.

Source: Company/INE09FA01019/023a6feba5a541b8.pdf