ESOP Trust Deed shared; BlackBuck ESOP Trust formed with Qapita Equity Tech as trustee

The company has formed the "BlackBuck ESOP Trust" to administer its Employee Stock Option Plans of 2016 and 2019.

Thu 24 Sep 2026

Trust Name

BlackBuck ESOP Trust

Trustee

Qapita Equity Tech Limited (formerly KP Corporate Solutions Limited)

Initial Corpus

a sum upto Rs. 10,000/-

Trust Deed Execution Date

September 24, 2026

ESOP Plans Covered

Employee Stock Option Plan 2016 and Employee Stock Option Plan 2019

What was shared

BlackBuck Limited (formerly Zinka Logistics Solutions Limited) has submitted the executed and registered ESOP Trust Deed to the exchanges.

The trust

• Name: BlackBuck ESOP Trust, described as an irrevocable employee welfare trust.
• Purpose: administration and implementation of the BlackBuck Limited Employee Stock Option Plan 2016 and the BlackBuck Limited Employee Stock Option Plan 2019.
• Settlor: BlackBuck Limited, acting through its Company Secretary and Head Legal, authorised by a Board resolution dated July 29, 2026.
• Trustee: Qapita Equity Tech Limited (formerly KP Corporate Solutions Limited), Pune, which has consented to act as the first/sole trustee.

Money involved

• Initial corpus handed over to the trustee: a sum upto Rs. 10,000/- (Rupees Ten Thousand only).
• Stamp duty paid on registration: 2,000.00, with registration-related charges of 1,600.00 and 500.00, totalling 2,100.00.

Why a trust is used

Companies often route employee stock option plans through a trust so that shares meant for employees are held and transferred by an independent trustee rather than directly by the company. The stated intent here is to attract, retain and incentivise employees through equity-based compensation.

What investors may note

This is a structural and administrative step for running existing employee stock option plans. The deed was made at Bengaluru with an effective date of September 24, 2026.

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