C.E. Info Systems Limited , better known as MapMyIndia, has issued a postal ballot notice seeking shareholder approval for three key resolutions related to its Employee Stock Option Plan (ESOP) 2008. The company aims to modify termination clauses and extend benefits to employees of subsidiary and associate companies.

Key Points of the Proposal

1. Modification of ESOP 2008: The company proposes to amend the existing ESOP 2008, particularly focusing on termination clauses.

2. Extension of Benefits: The plan seeks to extend stock option benefits to eligible employees of subsidiary and associate companies.

3. Ratification of ESOP 2008: The company is also seeking ratification of the ESOP 2008 to comply with SEBI regulations.

Voting Details

• E-voting Period: December 5, 2025 to January 3, 2026
• Total Options: The plan covers 1,06,947 stock options for eligible employees

Financial Context

To provide context for this corporate action, let's look at some key financial metrics from MapMyIndia's balance sheet:

The company's financial position, with growing assets and investments, suggests that the ESOP modifications may be part of a strategy to attract and retain talent in a competitive market.

Implications for Shareholders

1. Dilution Effect: The issuance of new shares under the ESOP may lead to a slight dilution of existing shareholdings.

2. Talent Retention: The modified ESOP could help C.E. Info Systems attract and retain key talent, potentially driving long-term value creation.

3. Subsidiary Performance: Extending the ESOP to subsidiary employees may align interests across the group, potentially improving overall performance.

Shareholders should carefully review the postal ballot notice and consider how these changes might impact the company's long-term growth strategy and their own investment thesis before casting their votes.

As C.E. Info Systems continues to evolve in the digital mapping and geospatial services sector, these ESOP modifications could play a role in shaping its human capital strategy for the coming years.

C.E. Info Systems Limited , the company behind MapmyIndia and MAPPLS, has released its unaudited financial results for the second quarter and first half of the fiscal year 2026, ending September 30, 2025. The company has shown notable performance in various financial metrics.

Key Financial Highlights

All figures in ₹ crore

Performance Analysis

C.E. Info Systems has demonstrated strong growth in the second quarter of FY2026 compared to the same period last year:

• Total Income: Increased by 42.39% year-over-year to ₹108.70 crore in Q2 FY2026.
• EBITDA: Grew by 37.13% to ₹42.36 crore, indicating improved operational efficiency.
• Profit Before Tax: Rose by 30.66% to ₹43.85 crore.
• Profit After Tax: Increased by 30.81% to ₹33.24 crore.

The half-yearly results also show a positive trend, with total income for H1 FY2026 reaching ₹208.32 crore, a 41.47% increase from H1 FY2025.

Earnings Per Share

The company's earnings per share (EPS) have shown significant improvement:

• Basic EPS: ₹6.20 for Q2 FY2026, up from ₹4.74 in Q2 FY2025.
• Diluted EPS: ₹6.15 for Q2 FY2026, compared to ₹4.70 in Q2 FY2025.

For the half-year, the Basic EPS stands at ₹11.90, and the Diluted EPS at ₹11.81, showing substantial growth from the previous year's figures of ₹9.16 and ₹9.09, respectively.

Conclusion

C.E. Info Systems Limited has exhibited robust financial performance in Q2 and H1 of FY2026. The significant growth in total income, coupled with improved profitability metrics, suggests that the company's strategic initiatives and market positioning are yielding positive results. These results indicate the company's ability to grow revenue and maintain profitability in the digital mapping and location-based services market.

The company's focus on innovation and expansion in the digital mapping sector appears to be translating into tangible financial gains.