The ESOP 2019 is in compliance with the SEBI SBEB Regulations.

The details of the ESOP 2019, as certified by C N K & Associates LLP through a certificate dated March 3,

2021 are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Particulars of scheme (Cumulative till date) Total
Options granted 2,382,100
Options vested (excluding options that have been exercised or cancelled) 303,435
Options exercised 156,715
Exercise price of options granted (2) 196/-, 253/-, as applicable
Exercise price of options exercised (2) 196
Total number of Equity Shares that would arise as a result of full exercise of options "
1,918,635
granted (net of cancelled options)
Options forfeited/lapsed/cancelled 306,750
Variation in terms of options NIL.
‘Money realised by exercise of options (@ in million) 30.72
Total number of options in force 1,918,635
For the period
5 4 my April 1,2020 till
Particulars Fiscal 2018 Fiscal 2019 Fiscal 2020 the date of this
Prospectus
Options granted N/A NA 2,067,100 3,15,000
Options vested NA N/A : 4,60,150
Options exercised N/A N/A a 1,56,715
ao price of options granted NA NA 196 253
an price of options exercised WA WA WA 186
Total number of Equity Shares
that would arise as a result of full NA NA 2,067,100 19,18,635
exercise of options granted (net of
cancelled options)
Options forfeited/lapsed/cancelled NA N/A - 3,06,750
Variation in terms of options NIL NIL NIL NIL
Money realised by exercise of WA Wh WA ane
options (@ in million)
Total number of options in force N/A NA 2,067,100 19, 18,635
Description of the pricing formula
and the method and significant
assumptions used during the year
to estimate the fair values of
options, including weighted-
average information, namely, risk-
free interest rate, expected life,
expected volatility, expected
dividends and the price of the
underlying share in market at the
time of grant of the option
a) Method of option valuation Black scholes valuation

 

 

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