NetSol Technologies Limited has taken formal steps to introduce an Employee Share Option Scheme for its eligible permanent employees, with the company’s Board of Directors resolving to recommend the scheme for shareholder approval through a special resolution. The initiative marks a significant step in the publicly listed technology company’s approach to talent retention and employee ownership, aligning staff interests with those of shareholders at a time when the company has delivered one of its strongest financial performances in recent years.
Under the proposed scheme, up to 5 million options representing approximately 5.57 percent of the company’s existing paid-up capital would be made available to permanent employees, including members of senior management. The exercise price for these options will be set at a 50 percent discount to the closing market price of the company’s shares on the date of grant, with cash as the mode of consideration. The Board has framed the initiative as a long-term retention strategy, aimed at keeping key human capital within the organization by aligning employee interests with those of shareholders and fostering a sense of ownership.
Alongside the Employee Share Option Scheme, the Board has also moved to recommend the sale of 2,690,251 treasury shares to eligible employees under the company’s existing Share Option Scheme, in line with the Listed Companies Buy-back of Shares Regulations 2019. To seek shareholder approval on both matters, NetSol Technologies will convene an Extraordinary General Meeting on June 3, 2026 at 11:00 AM in Lahore. The company’s Share Transfer Book will remain closed from May 28 to June 3, 2026, with both days inclusive, and transfers received by the close of business on May 27, 2026 will be considered eligible for participation in the meeting.
The announcement comes alongside NetSol Technologies’ disclosure of a near sixfold jump in consolidated net profit for the nine months ended March 31, 2026, with the company reporting net profit of Rs. 1.67 billion compared to Rs. 278.86 million in the same period last year, driven by a 41 percent increase in revenue from contracts with customers. The introduction of an Employee Share Option Scheme at this stage of the company’s growth trajectory reflects a deliberate effort to ensure that the employees who contributed to that performance have a tangible stake in the company’s continued success, and that NetSol remains competitive in attracting and retaining the specialized technology talent that underpins its global software delivery operations across North America, Europe, and the Asia-Pacific region.
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