Date: August 21, 2026
KMP / Board / Auditor Changes
- Mrs. Neha Mathur, Trustee I and Managing Trustee of the Urban Company ESOP Trust, ceases to hold office effective close of business hours on 31 August 2026
- Mr. Utkarsh Bindal is appointed as new Trustee in place of Mrs. Neha Mathur effective 31 August 2026
- Mr. Rakshit Kapoor continues as Trustee 2 (Continuing Trustee) of the Trust
- The change maintains the requirement of minimum two (2) Trustees under Clause 7.1 of the Trust Deed
- Mrs. Neha Mathur stands discharged from her obligations under the Trust Deed, though indemnity under Clause 4.2 survives for her tenure period
Board Meeting Outcomes
Not Specified
Financial Results (Standalone & Consolidated)
Not Specified
Disinvestment / Strategic Actions
Not Specified
Other Operational / Legal / Strategic Disclosures
- Disclosure made pursuant to Regulation 3(3) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
- Deed of Variation executed on 18 August 2026 at New Delhi
- Amends the Amended and Restated Trust Deed dated 9 March 2026
- Clause 7.5.5 of the Trust Deed deleted and substituted with new provisions regarding Managing Trustee powers
- Trust was originally established pursuant to Trust Deed dated 9 October 2023
- Trust administers the Employee Stock Option Scheme 2015 of the Company
- Details hosted on Company's website: https://investorrelations.urbancompany.com/
- Document governed by laws of India with jurisdiction at Gurugram, Haryana