Recode Studios Ltd (544755)

Recode Studios Limited has issued a corrigendum clarifying the appointment of Ms. Rishita Mall as Company Secretary and Compliance Officer effective September 01, 2026. The company corrected a typographical error from an earlier disclosure, confirming the resolution was approved in a Board Meeting on September 01, 2026, rather than by circular resolution. Ms. Mall holds ICSI Membership No. A71581 with prior corporate secretarial and compliance experience.

• Appointment of Ms. Rishita Mall as Company Secretary and Compliance Officer effective September 01, 2026
• Resolution approved at the Board of Directors meeting held on September 01, 2026 (1:00 PM to 1:20 PM)
• Corrigendum clarifies approval took place in a physical/virtual Board meeting rather than via circulation
• Appointee is an Associate Member of ICSI with Membership No. A71581

Recode Studios Ltd has announced the resignation of Ms. Mukta Ahuja from her positions as Company Secretary, Compliance Officer, and Key Managerial Personnel (KMP). The resignation took effect from the closure of business hours on August 31, 2026, due to her pre-occupation with other assignments. The filing confirms no other material reasons exist for her departure. The administrative change comes as the company closed FY26 with a revenue of ₹80.0 Cr and net profit of ₹11.0 Cr.

• Resignation effective from the close of business hours on August 31, 2026
• Roles vacated: Company Secretary, Compliance Officer, and Key Managerial Personnel (KMP)
• Reason cited: Pre-occupation with other assignments, with confirmation of no other material reasons

Recode Studios Limited announced that Ms. Mukta Ahuja has tendered her resignation from the position of Company Secretary, Compliance Officer, and Key Managerial Personnel (KMP) on August 26, 2026. Her cessation will take effect from the close of business hours on August 31, 2026. The resignation was attributed to pre-occupation with other assignments. The transition is administrative and does not impact ongoing commercial operations.

• Resignation letter tendered on August 26, 2026 by Ms. Mukta Ahuja.
• Cessation effective from the close of business hours on August 31, 2026.
• Role vacated covers Company Secretary, Compliance Officer, and KMP.

Recode Studios Limited announced the appointment of Ms. Gauri Hemant Gokhale, Company Secretary (Membership No. A45512), as the Secretarial Auditor for the financial year 2025-26. The approval was granted during the Board of Directors meeting held on August 25, 2026, which took place from 3:30 PM to 4:30 PM. This is a standard statutory compliance appointment required under SEBI Listing Regulations and the Companies Act.

• Appointment of Ms. Gauri Hemant Gokhale (Membership No. A45512) as Secretarial Auditor
• Appointed for conducting the Secretarial Audit for the Financial Year 2025-26
• Board meeting approving the appointment held on August 25, 2026, between 03:30 PM and 04:30 PM

Recode Studios Ltd has appointed Mr. Garvit Bansal as Chief Operating Officer (COO) and Senior Management Personnel (SMP) with effect from August 24, 2026. Mr. Bansal has an academic background in business strategy and will oversee business operations, strategic planning, and operational efficiency. The filing discloses that Mr. Garvit Bansal is the son of Mr. Dheeraj Bansal, the Managing Director of the company.

• Appointment of Mr. Garvit Bansal as Chief Operating Officer (COO) effective August 24, 2026
• Designated as Senior Management Personnel (SMP) under SEBI LODR Regulations
• Disclosed relationship: Son of Managing Director Mr. Dheeraj Bansal
• Company reported FY26 annual revenue of ₹80.0 Cr and net profit of ₹11.0 Cr

Recode Studios Limited announced the resignation of Mr. Rahul Sachdeva from the post of Chief Operating Officer (COO) and Senior Management Personnel. The resignation is effective from the close of business hours on August 24, 2026. The outgoing COO cited daily travel constraints between Panchkula and Ludhiana alongside family health considerations as reasons for stepping down. The company, which clocked FY26 revenues of ₹80.0 crore with ₹11.0 crore net profit, has not immediately named a successor.

• Rahul Sachdeva resigned as Chief Operating Officer and Senior Management Personnel on August 24, 2026
• Cessation is effective from the closure of business hours on August 24, 2026
• Reason cited involves travel constraints from Panchkula to Ludhiana and father's health
• Company posted FY26 annual revenue of ₹80.0 cr and net profit of ₹11.0 cr

Recode Studios Ltd has appointed Ms. Shailja and Ms. Palak Chugh as Additional Directors (Independent), effective August 24, 2026, subject to shareholder approval. Both appointees are qualified Company Secretaries with experience in corporate governance, statutory compliance, and securities regulations. Along with these appointments, the board reconstituted the Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee.

• Appointed Ms. Shailja (DIN: 11875143) as Additional Director (Independent) effective August 24, 2026
• Appointed Ms. Palak Chugh (DIN: 11875363) as Additional Director (Independent) effective August 24, 2026
• Reconstituted Audit Committee with Ms. Shailja as Chairperson
• Reconstituted Nomination & Remuneration Committee with Ms. Palak Chugh as Chairperson

Independent Director Mr. Sarat Kumar Mishra has resigned from Recode Studios Ltd effective from the close of business hours on August 17, 2026. Consequently, he ceases to serve as the Chairman of the Nomination and Remuneration Committee and as a member of both the Audit Committee and the Stakeholders Relationship Committee. The director confirmed that there are no other material reasons for his departure. For FY26, the company posted a revenue of Rs 80.0 crore and a net profit of Rs 11.0 crore.

• Resignation effective date: Close of business hours on August 17, 2026
• Cessation as Chairman of Nomination & Remuneration Committee and member of Audit & Stakeholders Relationship Committees
• Director identity: Mr. Sarat Kumar Mishra (DIN: 06689017)
• Formal communication received via email on August 18, 2026

Mr. Manoj Kumar has resigned from his position as an Independent Director at Recode Studios Ltd, effective August 5, 2026. Consequently, he has also stepped down from the Stakeholders Relationship Committee and the Nomination and Remuneration Committee. The company, which reported a significant revenue growth to ₹80.0 cr in FY26 from ₹48.0 cr in FY25, confirmed there are no material reasons for the resignation other than personal ones. This is a routine management update required under SEBI regulations.

• Resignation of Mr. Manoj Kumar effective from the close of business hours on August 5, 2026
• Cessation of membership in 2 board committees: Stakeholders Relationship and Nomination and Remuneration
• Company reported FY26 revenue of ₹80.0 cr with a net profit of ₹11.0 cr
• Director confirmed no material reasons for resignation other than those provided in the letter
• Mr. Kumar continues to hold a directorship in 1 other listed entity, Susan Electricals India Limited

Recode Studios Ltd has convened an Extraordinary General Meeting (EGM) on August 11, 2026, to seek shareholder approval for its 'RSL ESOP 2026' scheme. The plan proposes a pool of 3,00,000 equity shares to be granted to eligible employees and directors, excluding promoters. The annual grant is capped at 1% of the total issued equity share capital, and the scheme will be implemented directly by the company rather than through a trust. A lock-in period of up to 2 years will apply to shares allotted under this plan.

• Proposed creation of an ESOP pool consisting of 3,00,000 equity shares of Rs. 10 face value each.
• Annual grants to identified employees capped at 1% of the total issued equity share capital.
• Lock-in period for allotted shares set at a maximum of 2 years from the date of allotment.
• EGM scheduled for August 11, 2026, at 03:00 P.M. via video conferencing.
• Fair value method (Black-Scholes model) to be used for option valuation and accounting.

Recode Studios Ltd has approved the formulation of the 'Recode Studios Limited – Employee Stock Option Plan, 2026' (RSL ESOP, 2026). The plan involves granting up to 3,00,000 stock options, each convertible into one equity share of Rs. 10 face value. An Extra Ordinary General Meeting (EGM) is scheduled for August 11, 2026, to seek shareholder approval for this plan. The vesting period for these options will range from a minimum of 1 year to a maximum of 2 years.

• Total of 3,00,000 equity shares of Rs. 10 face value reserved under the ESOP 2026 plan
• Extra Ordinary General Meeting (EGM) to be held on August 11, 2026, via video conferencing
• Cut-off date for determining voting eligibility is fixed as August 4, 2026
• Vesting period set at a minimum of 1 year and a maximum of 2 years from the date of grant
• Exercise period is 3 years from the date of completion of the vesting period