NETSOL Sells 241,828 Treasury Shares Under ESOS

By Sabica Tahira ⏐ 3 months ago ⏐

2 min read

NETSOL Technologies Ltd. has announced the sale of 241,828 treasury shares to its employees under the Employees Stock Option Scheme (ESOS) at a price of Rs. 77.84 per share, strengthening employee ownership in the company.

The development was shared through a notice to the Pakistan Stock Exchange (PSX) on Wednesday, confirming that the transaction was executed in compliance with Section 96 of the Securities Act, 2015, and relevant PSX regulations.

Key Details of Share Transfer	Information
Number of Shares Sold	241,828
Price Per Share	Rs. 77.84
Beneficiaries	Eligible employees
Platform Used	CDS accounts
Regulatory Compliance	Securities Act 2015, PSX Regulations
Approval Background	EOGM resolution (Dec 31, 2024)

The sale followed a special resolution passed in the company’s Extra-Ordinary General Meeting (EOGM) held on December 31, 2024, and was conducted under Regulation 13(6)(b) of the Listed Companies (Buy-Back of Shares) Regulations, 2019.

This step reflects NETSOL’s commitment to employee engagement and long-term value creation, ensuring that its workforce has a stake in the company’s success.

Founded in 1996, NETSOL Technologies has grown into a leading provider of computer software and allied services, catering not only to Pakistan but also to international markets. The company continues to invest in innovation, talent, and global expansion, aligning employee incentives with business growth.

ESOS, NETSOL Technologies, Pakistan Stock Exchange

Sabica Tahira

Experienced Content Writer & Creative Strategist
I am an experienced writer passionate about creating engaging, research-driven content across technology, AI, fintech, and cryptocurrency. My goal is to inform, inspire, and connect audiences through impactful storytelling while helping brands build trust and a strong digital presence.