Xelpmoc Design Appoints Arvind Khandelwal as Chief Business Officer; Approves Q1 FY27 Results & ESOP Scheme
Xelpmoc Design And Tech Limited approved Q1 FY27 results on August 14, 2026. The company appointed Arvind Khandelwal as Chief Business Officer, effective August 21, 2026. The Board also approved the "Xelpmoc Design and Tech Limited – Employee Stock Option Scheme 2026" for up to 7,41,116 equity shares.
The appointment of a key management personnel and the introduction of an ESOP scheme can positively influence future business growth and employee motivation, impacting the company's long-term prospects.
The appointment of a new Chief Business Officer with extensive experience and the approval of an Employee Stock Option Scheme are positive developments for the company.
Xelpmoc Design And Tech Limited announced the outcome of its Board meeting held on August 14, 2026. The Board approved the Unaudited Standalone and Consolidated Financial Results for the first quarter ended June 30, 2026, along with the Limited Review Reports from the Statutory Auditors. These results are available on the company's website.
Furthermore, the Board approved the appointment of Mr. Arvind Khandelwal as the Chief Business Officer, effective August 21, 2026. Mr. Khandelwal brings over 20 years of experience in banking and has previously managed a listed infrastructure company with a topline of approximately ₹50 billion.
Additionally, the Nomination and Remuneration Committee recommended, and the Board approved, the "Xelpmoc Design and Tech Limited – Employee Stock Option Scheme 2026" (ESOP 2026). This scheme is for granting stock options to eligible employees, subject to shareholder approval and compliance with SEBI regulations. The scheme allows for the grant of up to 7,41,116 equity shares, with vesting not earlier than one year from the grant date. The exercise price will be determined by the Nomination & Remuneration Committee.
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