NETSOL Technologies Ltd. has confirmed the sale of 241,828 treasury shares to eligible employees under its Employees Stock Option Scheme (ESOS) at a price of Rs. 77.84 per share. This transaction strengthens employee participation in the company’s growth by granting a direct ownership stake to its workforce. The sale was disclosed through a notice to the Pakistan Stock Exchange (PSX), which also highlighted that the move complied with Section 96 of the Securities Act, 2015, and all applicable PSX regulations.
According to the company, the transfer of shares was conducted through CDS accounts and was made possible by a special resolution passed at the Extra-Ordinary General Meeting (EOGM) on December 31, 2024. This resolution authorised NETSOL to allocate treasury shares to employees under Regulation 13(6)(b) of the Listed Companies (Buy-Back of Shares) Regulations, 2019. By executing this plan, NETSOL is not only adhering to regulatory frameworks but also demonstrating its commitment to increasing employee engagement and ownership within the organisation.
The company emphasised that the ESOS aims to align the interests of employees with its long-term business goals by granting them a financial stake in the success they help to create. By allocating 241,828 shares, NETSOL is seeking to recognise the contributions of its workforce and provide incentives that encourage innovation, productivity and retention. This approach is becoming increasingly important for technology companies operating in competitive global markets, where employee loyalty and motivation can significantly impact operational outcomes.
Founded in 1996, NETSOL Technologies has grown into a major provider of computer software and allied services, delivering solutions to both domestic and international clients. Over the years, the company has invested heavily in product development, global expansion and talent acquisition, which has helped establish it as a recognised player in the tech sector. By offering employees an equity stake, NETSOL reinforces its strategy of aligning human capital with corporate growth. Market analysts believe such measures can enhance a company’s ability to attract and retain skilled professionals while strengthening its overall competitiveness. The transaction also signals to investors that NETSOL is pursuing a sustainable model where employee participation is integrated into corporate governance practices, potentially contributing to stronger long-term performance in the market.
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