Digitide Solutions has established the Digitide ESOP Trust to manage and implement its Employee Stock Option Scheme 2026. This initiative aligns with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, ensuring compliance and effective administration of employee benefits.
The company, acting as the settlor, has formalised the trust through a duly executed and registered Trust Deed. This document serves as the foundation for the administration of the current and future employee stock option schemes under the company’s purview.
The establishment of the Digitide ESOP Trust reflects the company’s commitment to offering structured and compliant employee benefit programmes. By adhering to the regulatory framework set by SEBI, Digitide aims to provide its employees with significant opportunities for ownership and financial growth through stock options.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).