Adroit Infotech ESOP implementation through the Adroit Infotech Employees Welfare Trust received board authorisation on October 3, 2026, the company said in a BSE filing. The directors also approved trustee appointments, trust documentation and policies governing the administration of AIL ESOP-2023.

The board approved the appointment of the proposed trustees and noted their consent to serve, subject to applicable laws and regulatory requirements. Their role covers implementation and administration of the employee stock option scheme through the trust.

The directors also approved the execution, stamping and registration of the Trust Deed, Trust Rules and Bye-Laws. Trustees or authorised representatives were empowered to complete the necessary formalities. These decisions cover the trust's governing documents and the administrative arrangements for carrying out the scheme.

Registrations, banking and trust policies

The board authorised trustees and designated representatives to undertake the registrations, approvals, permissions and filings required for the trust. The authorisation covers dealings with the Registrar of Companies, Income Tax Department, stock exchanges, SEBI, depositories and other applicable authorities.

  • Obtain a PAN and other necessary registrations, and complete incidental and statutory formalities.
  • Open one or more bank accounts in the trust's name with scheduled banks considered appropriate for its purposes and scheme administration.
  • Complete KYC, documentation and banking requirements, and operate the accounts in accordance with the Trust Deed and applicable regulations.

The board separately adopted the Trust Funding Policy, Share Acquisition Policy and Trust Administration Policy. It also approved other policies, rules, procedures and documents that may be required in connection with the trust and AIL ESOP-2023.

Scheme execution subject to applicable requirements

The trustees were authorised to take all necessary steps to implement and administer the scheme in accordance with its documents, members' approvals, the Companies Act, SEBI regulations and other applicable laws. The authorisation to obtain registrations and permissions does not establish that those processes have been completed.

The board meeting began at 2:00 pm and concluded at 3:15 pm. The disclosure was submitted under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Adroit Infotech is identified by BSE scrip code 532172 and NSE symbol ADROITINFO.