11.

 

Particulars

 

 

 

 

 

 

 

Details
Life of the options | Vesting period + 12 | - Vesting period + 3] Vesting period+
granted (vesting | months years 3years
and exercise
period) in years
Expected 0% - 0% 0%
dividends
Average risk-free | 7.74% - 5.00% 57-63%
interest rate

 

 

 

Impact on profits and EPS of
the last three years if the
Company had followed the
accounting policies specified
in the SEBI ESOP
Regulations in respect of
options granted in the last
three years

Not Applicable as the Company is calculating employee compensation cost using fair value at grant date

 

Intention of the key
managerial personnel and
whole-time directors who are
holders of Equity Shares

allotted on exercise of
options granted under an
employee’ stock —_ option

scheme or allotted under an
employee stock purchase
scheme, to sell their Equity
Shares within three months
after the date of listing of the
Equity Shares in the initial
public offer (aggregate
number of Equity Shares
intended to be sold by the
holders of options), if any

As per the confirmation received from key managerial personnel, all key managerial personnel holding Equity
Shares at the time of listing of the Equity Shares pursuant to the Offer may sell such Equity Shares issued in
connection with the exercise of options granted under the ESOP 2009, within three months from the date of
listing of the Equity Shares.

 

Intention to sell Equity
Shares arising out of an
employee stock —_ option
scheme or allotted under an
employee stock purchase
scheme within three months
after the date of listing, by
directors, senior managerial
personnel and employees
having Equity Shares issued
under an employee stock
option scheme or employee
stock purchase scheme
amounting to more than one
per cent. of the issued capital
(excluding outstanding

 

warrants and conversions)

 

Not applicable, as no director, senior managerial personnel, employee holds more than one percent of the issued
equity capital of the company issued pursuant to ESOP Scheme

 

ESOP Plan 2021

Our Company, pursuant to the resolutions passed by the Board and the Shareholders of the Company on August 9,
2021 and August 9, 2021, respectively adopted the ESOP Plan 2021. The ESOP Plan 2021 has been amended to
comply with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 pursuant to the Board
meeting and EGM held on November 22, 2021 and November 23, 2021, respectively. The maximum number of shares
that may be issued pursuant to the exercise of options granted to participants under the ESOP Plan 2021 shall not
exceed 1,117,612 Equity Shares (as adjusted for any corporate actions). Upon exercise and payment of the exercise
price, the option holder will be entitled to be allotted one Equity Share per employee stock option. The Nomination
and Remuneration Committee may offer the employee stock options to a grantee in accordance with the terms and

99

 
