Exicom Tele-Systems Limited — Others, 23-04-2025: Shareholders meeting

Exicom Tele-Systems Limited has announced a board meeting to seek approval for key resolutions via postal ballot, focusing on employee stock options and capital structure. The company proposes to amend the existing Employee Stock Option Scheme 2023, create a new Employee Stock Option Scheme 2025 with 40.43 lakh options, and extend the latter to subsidiary employees. Additionally, it seeks to increase its authorized share capital from ₹130 crore to ₹155 crore by creating 25 lakh new shares. These actions aim to attract and retain talent while providing strategic flexibility for future capital needs, potentially fostering positive investor sentiment.