Recode Studios Ltd Board Approves Employee Stock Option Plan

Recode Studios Limited's Board of Directors met on July 15, 2026, and approved the 'Recode Studios Limited – Employee Stock Option Plan, 2026' (RSL ESOP, 2026). This plan is subject to member approval at the upcoming Extra Ordinary General Meeting (EGM) scheduled for August 11, 2026. The EGM will be held via Video Conferencing. The board also set August 4, 2026, as the cut-off date for e-voting eligibility, with remote e-voting available from August 8 to August 10, 2026. CS Sumit Ghai has been appointed as the Scrutinizer for the e-voting process. The ESOP 2026 allows for the grant of up to 3,00,000 employee stock options, representing 3,00,000 equity shares of face value Rs. 10 each.