Urban Company has formalized its strategic partnership with the International Labour Organization (ILO) through a comprehensive initiative to expand e-Shram portal registrations among service professionals. The collaboration, announced through a regulatory filing, represents a structured approach to improving social security coverage for gig economy workers in India.

Partnership Implementation Strategy

The initiative integrates e-Shram registration directly into Urban Company's operational framework, ensuring systematic enrollment for service professionals. The company will facilitate registration through multiple touchpoints including the UC partner app, training centers, and UC Mitra kiosks, leveraging both physical and digital infrastructure.

Current Registration Metrics

The collaboration addresses significant enrollment gaps within Urban Company's extensive workforce network:

Leadership Perspectives

Abhiraj Singh Bhal, Chief Executive Officer of Urban Company, emphasized the platform's role in enabling access to formal welfare systems. He highlighted the integration of e-Shram enrollment into onboarding and training processes as a meaningful step toward strengthening social security coverage, particularly for women building sustainable livelihoods.

Ravindra Peiris, Senior Specialist for Employers' Activities at ILO DWT New Delhi, welcomed the collaboration as a practical model demonstrating how platforms can contribute to expanding social security coverage within the platform economy.

Strategic Impact and Scalability

The initiative serves as a scalable model for collaboration between digital labor platforms and institutions working toward worker formalization and protection. By embedding enrollment into structured touchpoints such as onboarding and training programs, the initiative ensures sustained and consistent adoption across the platform's workforce.

The partnership aligns with national priorities around worker formalization, improved access to welfare schemes, and stronger social protection systems for India's growing gig workforce, contributing to the advancement of Decent Work goals and broader social protection objectives.

Urban Company Limited has officially disclosed the results of its postal ballot process to stock exchanges, confirming shareholder approval for four special resolutions related to Employee Stock Option Scheme amendments. The regulatory disclosure, submitted under Regulation 44 of SEBI Listing Regulations, demonstrates strong institutional compliance and shareholder support.

Regulatory Disclosure and Compliance

The company submitted comprehensive voting results to both National Stock Exchange of India Limited and BSE Limited, providing detailed scrutinizer reports and voting breakdowns. Company Secretary Sonali Singh coordinated the disclosure process, ensuring full regulatory compliance under the Companies Act, 2013, and SEBI regulations.

Postal Ballot Voting Results

The remote e-voting process, conducted through NSDL platform, recorded identical approval rates across all four resolutions. Each resolution secured 94.76% votes in favour and 5.24% against, reflecting unified shareholder sentiment toward the ESOP amendments.

Shareholder Participation Analysis

The voting process demonstrated strong participation across different shareholder categories. Promoter and promoter group showed 100% participation with unanimous support, while public institutional and non-institutional shareholders also participated significantly in the decision-making process.

Scrutinizer Certification and Process

Devesh Kumar Vasisht of DPV & Associates LLP served as the appointed scrutinizer, providing independent verification of the voting process. The scrutinizer's report confirmed the validity and transparency of the remote e-voting conducted from January 30, 2026, to February 28, 2026.

Corporate Governance Framework

The approved resolutions enable significant enhancements to Urban Company's employee incentive structure, including amendments to the existing ESOP scheme, extension to group companies, trust route implementation, and authorization for interest-free loans to the ESOP trust. These measures align with modern corporate governance practices and employee retention strategies.