eClerx Services Limited Allots 4.70 Crore Bonus Equity Shares in 1:1 Ratio

eClerx Services Limited has completed the allotment of bonus equity shares in a 1:1 ratio, significantly expanding its equity base. The Stakeholders' Relationship Committee approved this corporate action through a circular resolution passed on March 16, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Bonus Share Allotment Details

The company has allotted 4,70,25,359 fully paid-up bonus equity shares of Rs. 10 face value each to eligible shareholders. The allotment follows a 1:1 proportion, meaning shareholders received one new fully paid-up equity share for every existing share held. The record date for determining eligible shareholders was set as March 13, 2026.

Parameter Details Bonus Shares Allotted 4,70,25,359 Face Value per Share Rs. 10 Allotment Ratio 1:1 Record Date March 13, 2026 Approval Date March 16, 2026

Impact on Share Capital Structure

The bonus issue has resulted in a substantial increase in the company's paid-up equity share capital. The total number of outstanding shares has doubled following the allotment, reflecting the 1:1 bonus ratio implemented by the company.

Particulars No. of Shares Face Value (in Rs.) Amount (In Rs.) Paid-up Share Capital (Pre-Bonus Issue) 4,70,25,359 10 47,02,53,590 Paid-up Share Capital (Post Bonus Issue) 9,40,50,718 10 94,05,07,180

Shareholder Benefits and Timeline

The newly issued bonus equity shares will rank pari-passu in all respects with the existing fully paid-up equity shares of the company. This means the new shares will carry identical rights and privileges as the original shares, including voting rights and dividend entitlements.

Shareholders whose names appeared in the Register of Members or Register of Beneficial Owners as on the record date of March 13, 2026, are eligible to receive the bonus shares. The company has committed to crediting these bonus shares to eligible shareholders within the statutory time limits as prescribed by regulatory authorities.

Regulatory Compliance and Documentation

The bonus share allotment has been executed in compliance with SEBI regulations, specifically under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has informed both BSE Limited and National Stock Exchange of India Limited about this corporate action through official communication dated March 16, 2026.

Complete details of the bonus issue are available on the company's official website at www.eclerx.com for shareholders and investors seeking additional information about this corporate action.

eClerx Services Limited has announced the re-appointment of M/s. Mahajan & Aibara Chartered Accountants LLP as its Internal Auditors for the financial year 2026-27. The decision was approved by the company's Board of Directors during their meeting held on March 12, 2026, following a recommendation from the Audit Committee.

Board Meeting Details

The Board of Directors convened on Thursday, March 12, 2026, with the meeting commencing at 1:00 p.m. and concluding at 3:45 p.m. The primary agenda item was the re-appointment of the Internal Auditor, which was approved based on the Audit Committee's recommendation.

Parameter: Details Meeting Date: March 12, 2026 Meeting Duration: 1:00 p.m. to 3:45 p.m. Firm Name: M/s. Mahajan & Aibara Chartered Accountants LLP Registration Number: 105742W Appointment Term: April 1, 2026 to March 31, 2027

Internal Auditor Profile

Mahajan & Aibara Chartered Accountants LLP brings significant expertise to the role, with over 40 years of specialized experience in providing internal audit services. The firm has established a strong presence across India and the Middle East, serving multiple Indian corporates, multinational companies, and large business houses.

Firm Capabilities

The chartered accountancy firm demonstrates substantial operational capacity:

Leadership Structure: Led by 10 partners

Staff Strength: Over 300 multidisciplinary professionals across the country

Industry Experience: Significant expertise in both service industry and manufacturing sector

Client Base: Wide spectrum of clients across various business segments

The company noted that the firm's capability and prior experience with the group will enable smooth integration into their system while adding tangible value to the organization.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure follows the requirements outlined in SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

The communication was signed by Pratik Bhanushali, VP-Legal & Company Secretary of eClerx Services Limited, and submitted to both BSE Limited and National Stock Exchange of India Limited for regulatory compliance and investor information.

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