Quick Heal Technologies Limited has received a formal request for reclassification from a member of its Promoter Group to Public category under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The request was submitted on January 22, 2026, by Gagan Bharari Enterprises LLP.

Reclassification Request Details

The company informed stock exchanges BSE and NSE about the receipt of the reclassification request through an official intimation. The request pertains to Gagan Bharari Enterprises LLP, which currently holds no equity shares in Quick Heal Technologies.

Grounds for Reclassification

Gagan Bharari Enterprises LLP has cited specific reasons for seeking reclassification from Promoter Group to Public shareholder category. The entity has stated that it is not associated with the business or management of Quick Heal Technologies and does not engage in the company's management activities.

The applicant has confirmed that it does not have any rights to appoint directors or control management and policy decisions of the company. Additionally, the entity has provided comprehensive certifications regarding compliance with SEBI regulations for reclassification.

Regulatory Compliance and Certifications

As part of the reclassification application, Gagan Bharari Enterprises LLP has provided detailed certifications confirming compliance with regulatory requirements:

• Does not hold more than 10% of total voting rights
• Does not exercise control over company affairs
• Has no special rights through formal or informal arrangements
• Not represented on the Board of Directors
• Does not act as key managerial personnel
• Not classified as wilful defaulter or fugitive economic offender

Next Steps and Board Consideration

Quick Heal Technologies has indicated that the reclassification request will be considered in the upcoming Board meeting. The company has undertaken to follow necessary steps in compliance with Regulation 31A of the Listing Regulations.

The intimation to stock exchanges was made in compliance with Regulation 31A(8) of the Listing Regulations, with the copy of the request letter from Gagan Bharari Enterprises LLP enclosed with the official communication. Vikram Dhanani, Compliance Officer of Quick Heal Technologies, signed the intimation letter on January 22, 2026.

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.