Meeting Details

The Extra-Ordinary General Meeting of Recode Studios Limited was held on Tuesday, 11th August, 2026 through Video Conferencing/Other Audio-Visual Means. The meeting commenced at 03:00 P.M. (IST) and concluded at 03:15 P.M. (IST).

Attendees

Directors Present:

  • Mr. Dheeraj Bansal (Managing Director)
  • Ms. Shalini Trehan (Director)
  • Ms. Shelly Bansal (Whole-time Director)
  • Mr. Karan Bansal (Whole-time Director, Chairman of the meeting)

In Attendance:

  • Mr. Narinder Singh (Chief Financial Officer)
  • Mr. Sumit Ghai (Practising Company Secretary and Scrutinizer)

Business Transacted

The EGM was convened to seek member approval for two proposals concerning the Recode Studios Limited - Employees Stock Option Plan, 2026 (RSL ESOP 2026).

ESOP Plan Details

The RSL ESOP 2026 is framed in conformity with the Companies Act, 2013 and the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The plan involves creation and grant of up to 3,00,000 Employee Stock Options, each exercisable into one fully paid-up Equity Share of face value of ₹10 each.

Resolutions Approved

Two Special Resolutions were approved:

1. Approval of Recode Studios Limited - Employees Stock Option Plan, 2026 (RSL ESOP 2026)

2. Approval to extend ESOP 2026 benefits to employees of Holding Company, Subsidiary Company(ies), Associate Company(ies) and Group Company(ies), whether existing or future

Voting Process

The company provided remote e-voting facility via NSDL from Saturday, 8th August, 2026 (9:00 A.M. IST) to Monday, 10th August, 2026 (5:00 P.M. IST). Members attending the EGM who had not voted remotely could vote during the meeting, with the e-voting facility remaining open for 15 minutes after the meeting concluded.

Additional Context

The company noted that its Equity Shares were successfully listed on the BSE SME Platform on 12th May, 2026. One member, Mr. Aspi Bhesania, registered as a speaker and raised queries that were noted for response by the CFO.

Outcome Declaration

The consolidated voting results will be declared in accordance with applicable provisions and placed on the company website, NSDL website, and submitted to BSE Limited.