TBO Tek Limited has modified its ESOP (Employee Stock Option Plan) Trust Deed, according to an announcement made on December 3, 2025. The modification involves a change in the composition of the trustees. Mr. Pramendra Tomar and Mr. Vineet Maheshwary have been appointed as the new trustees, effective November 30, 2025. This change is in accordance with the company’s existing regulations regarding employee benefits and equity.
ESOP Trust Deed Modification
TBO Tek Limited announced on December 3, 2025, modifications to its TBO Employees Benefit Trust Deed. The central change involves the composition of the trust’s trustees, affecting how the employee stock option plan is administered.
Appointment of New Trustees
As of November 30, 2025, Mr. Pramendra Tomar and Mr. Vineet Maheshwary have been officially appointed as the new trustees of the TBO Employees Benefit Trust. With this appointment, Mr. Anil Berera, Mr. Ankush Arora, and KP Corporate Solutions Limited have ceased to be trustees.
Trustee Responsibilities
The newly appointed trustees will assume all powers, obligations, and duties as outlined in the existing Trust Deed. This ensures that the ESOP continues to be managed in alignment with the established guidelines and for the benefit of the employees.
Source: BSE