Quick Heal Technologies Limited , a leading cybersecurity solutions provider, has announced a significant milestone in its business operations. The company has entered into a substantial contract with the NFSU Research and Innovation Council for the implementation of Integrated Cyber Security Solutions.

Contract Details

This engagement represents a major commercial milestone for Quick Heal Technologies, reinforcing its leadership position in the cybersecurity sector. The company views this contract as a strategic step that aligns with its ongoing cybersecurity business and supports its objective of delivering comprehensive solutions to customers.

Strategic Implications

Quick Heal Technologies anticipates that this project may pave the way for similar engagements in the future, potentially becoming a consistent and recurring part of its business portfolio. This development underscores the company's commitment to advancing cybersecurity solutions and fostering a resilient digital ecosystem.

Financial Context

While the contract value of INR 64.25 crore is significant, it's important to view this in the context of Quick Heal's overall financial position. The company reported:

The new contract represents a substantial business opportunity, potentially contributing to the company's revenue stream over the next five years.

Conclusion

This contract with the NFSU Research and Innovation Council marks an important step for Quick Heal Technologies in strengthening its position in the government sector. As cybersecurity continues to be a critical concern for organizations, particularly government institutions, Quick Heal's expertise and solutions are likely to be in high demand. The impact of this contract on the company's financial performance and market position will be of interest to investors and industry observers in the coming years.

Quick Heal Technologies Limited , a prominent player in the cybersecurity sector, has announced multiple employee stock-related developments under its Employee Stock Option Plan (ESOP) Scheme 2021. The company has granted 48,000 new employee stock options and made two separate allotments of equity shares, demonstrating its continued commitment to employee incentivization.

Latest ESOP Allotment

On December 24, 2025, Quick Heal Technologies allotted 15,352 equity shares under its ESOP Scheme 2021. The company filed the notification under Regulation 10(c) with both BSE and NSE on the same date.

Previous ESOP Activities

Earlier, the company had allotted 32,205 equity shares under the same ESOP Scheme 2021 on November 5, 2025. This previous allotment had distinctive numbers ranging from 7,21,61,177 to 7,21,93,381 and involved multiple exercise prices ranging from ₹10.00 to ₹291.00.

New Stock Option Grant

The Nomination and Remuneration Committee has also approved the grant of 48,000 employee stock options to eligible employees with the following terms:

Share Capital Impact

With the latest allotment of 15,352 shares, combined with the previous allotment of 32,205 shares, Quick Heal Technologies has issued a total of 47,557 new equity shares under its ESOP scheme. The newly allotted shares are identical in all respects to the existing equity shares and will be credited to the company's permanent ISIN INE306L01010 upon receiving final trading approval.

Strategic Significance

These ESOP activities reflect Quick Heal's strategic focus on talent retention and employee motivation in the competitive cybersecurity industry. By aligning employee interests with shareholder value through equity participation, the company aims to foster long-term commitment and drive organizational growth.