Digitide Solutions Ltd
📈 Digitide Solutions Launches Employee Welfare Trust with Rs. 10,000 Initial Corpus
- Digitide Solutions Limited formed the 'Digitide ESOP Trust' on April 18, 2026.
- The trust will administer the 'Digitide Solutions Limited - Employee Stock Option Scheme 2026' and future employee stock option plans.
- Initial trust corpus is Rs. 10,000, contributed by Digitide Solutions Limited.
- Trustee is Qapita EquityTech Limited (formerly KP Corporate Solutions Limited), represented by Mr. Ketan Navlihalkar.
- The trust will acquire shares of Digitide Solutions Limited via subscription or secondary acquisition for employee benefit schemes.
- Beneficiaries include employees of Digitide Solutions Limited, with rights to information and accounting.
- Trustees are restricted from voting on shares held by the trust and from dealing in derivatives.
- The settlor (Digitide Solutions Limited) retains the power to amend the trust deed, provided changes are not detrimental to beneficiaries.