Epuja Spiritech Limited has received in-principle approval from BSE Limited for its Employee Stock Option Scheme 2026 (ESOP 2026). The approval covers the potential issue and allotment of a maximum of 3,00,00,000 (3 crore) equity shares of Re. 1/- each to the permanent employees of the company upon exercise of stock options.

The approval is granted under the Securities Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 and is subject to the company fulfilling seven specific conditions:

  • The company must notify the Exchange as per the format prescribed under Regulation 10(c) of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 together with listing application after shares are allotted and credited to beneficiaries' accounts or share certificates have been dispatched.
  • Payment of fees as may be prescribed from time to time.
  • Receipt of statutory and other approvals and compliance with guidelines issued by statutory authorities including SEBI, RBI, and MCA.
  • Compliance with all guidelines/regulations/directions of the Exchange or any statutory authorities, and documentary requirements from time to time.
  • Compliance with all conditions of the Listing Agreement as on the date of listing.
  • Compliance with the Companies Act, 1956/2013 and other applicable laws.
  • Submission of documents as given in the Checklist available on the BSE website.

The Exchange reserves the right to withdraw its in-principle approval at any later stage if the information submitted is found to be incomplete, incorrect, misleading, false, or for any contravention of Rules, Bye-laws and Regulations of the Exchange, Listing Agreement, or Guidelines/Regulations issued by statutory authorities.

Trading permission will be issued by the Exchange from time to time upon receipt of notification under Regulation 10(c) and subject to compliance with the stated conditions.

The document reference number is DCS/ESOP/IP/RD/229/2026-27 and was digitally signed by Deeksha Pathak, Company Secretary and Compliance Officer, on September 21, 2026, at 18:22:42 +05:30.