Affle 3i Limited has announced a significant change in its senior management structure, effective December 15, 2025. The company informed stock exchanges about the organizational restructuring involving its People Director position.

Management Structure Reorganization

The company disclosed that Mr. Javier Fernandez, who serves as People Director, will undergo a change in his reporting structure. As per the announcement, he will no longer directly report to the CEO, which results in his cessation as designated Senior Management Personnel of the company.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company fulfilled its disclosure obligations by informing both BSE Limited and National Stock Exchange of India Limited about this management change.

The notification was signed by Parmita Choudhury, Company Secretary and Compliance Officer, ensuring proper regulatory adherence. The company referenced SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, in its disclosure.

Company Information

Affle 3i Limited, formerly known as Affle (India) Limited, operates with its registered office in Hauz Khas, New Delhi, and maintains its communication office in Gurugram, Haryana. The company continues its business operations while implementing this internal organizational change.

This restructuring represents an internal reorganization of management reporting lines rather than an executive departure, as Mr. Fernandez continues to serve in his capacity as People Director within the organization.

Affle 3i Limited has completed the allotment of 35,918 equity shares under its Employee Stock Option Scheme-2021 (ESOP-2021) to the Affle (India) Limited Employees Welfare Trust. The share allotment was executed on December 17, 2025, marking a significant step in the company's employee incentive program.

Share Allotment Details

Impact on Share Capital

Following this allotment, the company's capital structure has been updated significantly. The issued, subscribed and paid-up share capital of Affle 3i Limited has increased to Rs. 28.14 crores, divided into 140,713,134 equity shares of Rs. 2.00 each.

Regulatory Compliance and Listing

The company has confirmed that this allotment is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Affle 3i Limited is currently in the process of applying for the listing of these newly allotted shares with both NSE and BSE stock exchanges.

The company has clarified that while this intimation is made in compliance with regulatory requirements, the allotment of shares is not material in nature to the company's operations.

Employee Welfare Initiative

This share allotment represents the execution of Affle 3i Limited's employee welfare strategy through its ESOP scheme. The allotment to the Employee Welfare Trust ensures that eligible employees can benefit from the company's growth while aligning their interests with shareholders. Such initiatives typically enhance employee retention and motivation while fostering a sense of ownership among the workforce.