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Turtlemint Fintech Solutions is modifying its Employee Stock Option Plan (ESOP) scheme to align with recent Securities and Exchange Board of India (SEBI) regulations and streamline operations. Key changes include the removal of standard form templates and specific clauses related to share sales and group company employee grants, granting the Nomination and Remuneration Committee greater authority to issue options. The updated scheme, detailed in Annexure III, caps the total number of options at 1,21,93,045, mandates an exercise price at or above par value, and establishes a vesting period of at least four years from the date of listing. Shareholder approval will be required for grants exceeding 1% of equity share capital, and the modifications are expected to be presented to shareholders for ratification.

Turtlemint Fintech Solutions Ltd share price softened by 2.62% to Rs 137.3 after the company`s net profit witnessed a sharp fall of 1303.18% to Rs 37.78 crore, while revenue from operations reduced 17.67% to Rs 294.08 crore in Q2FY26 over Q1FY26. The market capitalization of Financial Technology (Fintech) industry group stocks on BSE stood at Rs 1.86 lakh crore, easing 1.83%. It has inched up 2.52% over last one week and soared by 19.88% in last one month while the market capitalization of Turtlemint Fintech Solutions Ltd has remained flat Profit before tax (PBT) of Turtlemint Fintech Solutions Ltd stood at Rs 37.87 crore in Q2 FY26, plunging by 18.89% year-on-year, and rallying 633.91% quarter-on-quarter. EBITDA came in at Rs 35 crore, nosediving by 29.78% YoY and expanding by 382.12% sequentially. Total expenses eased by 9.33% to Rs 331.03 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 65.44 crore, rising by 10.30% YoY. For the TTM ended FY26, revenue from operations surged 742.71% to Rs 662.71 crore, while net profit saw a mild growth of 0.39% to Rs 194.11 crore, compared to previous TTM. EBITDA saw a sharp decline of 24417% to Rs 218.86 crore, and PBT saw a marginal contraction of 2.06% to Rs 189.36 crore compared to previous TTM.

Turtlemint Fintech Solutions Limited will hold a board meeting on Friday, August 14, 2026, to consider and approve the unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026, according to a regulatory filing. The trading window for the company`s securities has been closed since July 1, 2026, and will reopen 48 hours after the results are declared.

Turtlemint Fintech Solutions will hold a meeting of the Board of Directors of the Company on 17 July 2026.