Nature of change: Appointment of Chief Business Officer
Name and DIN: Mr. Arvind Khandelwal (DIN not disclosed in document)
Effective date: August 21, 2026
Brief profile: Mr. Arvind Khandelwal is a result-oriented and passionate leader with excellent communication skills and a proven track record of successful management. He is a seasoned corporate and investment banker with over 20 years of experience in banking, with expertise in managing top-tier corporate groups and overseeing corporate banking and investment banking functions. He has also led an infrastructure company in the listed space with a topline of approximately ₹50 billion, reporting directly to the CMD. His experience spans strategic leadership, corporate relationship management, business development, and overall management of large and complex businesses.
Eligibility confirmation: Not explicitly mentioned in the disclosure
Relationship with other directors: Not disclosed
Previous KMP: Not disclosed who held the position earlier or nature of their exit
Key Financial or Operational Approvals
The Board of Directors approved the Unaudited Standalone and Consolidated Financial Results for the first quarter ended June 30, 2026, as recommended by the Audit Committee.
The financial results include both standalone and consolidated numbers (specific financial figures not provided in this disclosure).
Limited Review Reports of the Statutory Auditors on the aforesaid Results were attached.
The Board approved the "Xelpmoc Design and Tech Limited Scheme 2026" for grant of stock options to eligible employees, covering up to 7,41,116 (Seven Lakhs Forty One Thousand One Hundred and Sixteen) equity shares of face value ₹10/- each.
The Scheme requires approval of shareholders of the Company in compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
Exercise Price shall be determined by Nomination & Remuneration Committee but shall not be less than the face value of the Equity shares.
Minimum vesting period: 1 (one) year from the date of grant
Exercise period to be determined by the Committee
Strategic or Business Context
No specific business outlook, risks, demand trends, or expansion plans disclosed in this filing
The ESOP scheme is intended for employee benefits and retention
Any Other Material Information
Board meeting held on Friday, August 14, 2026
Meeting commenced at 3:50 p.m. and concluded at 5:55 p.m.
The appointment and ESOP scheme were based on recommendations of the Nomination and Remuneration Committee
The Scheme is in compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
Financial Results can be accessed at the Company's website: www.xelpmoc.in
