eClerx Services Limited has announced a board meeting scheduled for January 28, 2026, to deliberate on key corporate matters including quarterly financial results and a potential bonus share issuance. The company informed stock exchanges through a regulatory filing dated January 21, 2026, outlining the agenda for the upcoming board meeting.

Board Meeting Agenda and Timeline

The Board of Directors meeting will address two primary items on Wednesday, January 28, 2026:

Trading Window Restrictions

The company has implemented trading window restrictions in accordance with regulatory requirements. The trading window for dealing in eClerx Services securities was closed from January 1, 2026, as previously communicated on December 29, 2025. The restriction will remain in effect until 48 hours after the board meeting outcome announcement and financial results dissemination on January 28, 2026.

Bonus Share Consideration

The board will evaluate a proposal for issuing bonus equity shares in compliance with:

• Companies Act, 2013, including applicable rules
• Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018
• Other relevant regulatory provisions
• Subject to shareholder approval

Earnings Call Details

eClerx Services will conduct an earnings call to discuss the Q3FY26 financial results on January 29, 2026. The management representation will include Mr. Kapil Jain, Managing Director and Group Chief Executive Officer, and Mr. Srinivasan Nadadhur, Chief Financial Officer.

Participants are advised to log in 10 minutes prior to the scheduled call commencement. The earnings call details will be available on the company's website at www.eclerx.com .

Company Overview

eClerx Services operates as an industry-focused specialist services firm, providing business process management, automation, and analytics services to Fortune 2000 enterprises across multiple sectors including financial services, communications, retail, fashion, media and entertainment, manufacturing, travel and leisure, and technology. The company, incorporated in 2000, employs over 20,000 people across 15 countries and is listed on both the Bombay Stock Exchange and National Stock Exchange of India.

eClerx Services has successfully completed its share buyback program, purchasing all 625,000 equity shares at ₹4,800 per share for a total consideration of ₹3,000 crores. The IT services company announced the completion through a post-buyback public announcement, marking the successful execution of its strategic capital allocation initiative.

Buyback Execution Details

The company's buyback program demonstrated strong investor interest with significant oversubscription. The key execution parameters were:

Strong Market Response

The buyback received overwhelming response from shareholders across categories. KFin Technologies Limited, the registrar, processed 1,802 valid bids for 1,311,679 equity shares, representing approximately 2.10 times the maximum shares proposed for buyback.

Settlement and Capital Structure Impact

The settlement process was completed efficiently on January 2, 2026, with Indian Clearing Corporation Limited facilitating direct fund payouts to eligible shareholders. All accepted shares were transferred to the company's demat account, with unaccepted shares returned to shareholders through lien release.

Major Shareholder Participation

Several institutional investors participated significantly in the buyback. HDFC Mutual Fund schemes had the highest acceptance with 186,050 shares (29.77% of total buyback), followed by Bandhan Small Cap Fund with 125,096 shares (20.02%). Other notable participants included Ashoka Whiteoak ICAV, Mahindra Manulife Small Cap Fund, and ICICI Prudential Smallcap Index Fund.

The buyback completion represents 21.08% and 13.80% of the company's fully paid-up equity share capital and free reserves based on standalone and consolidated financial statements respectively. The extinguishment of the 625,000 accepted shares is currently in process and will be completed by January 13, 2026, in accordance with SEBI buyback regulations.