7, 2021, the option pool available to be granted ESOS 2015 was increased by an additional 2,200,000
options. Pursuant to a resolution passed by the Nomination and Remuneration Committee dated August 12,
2021, 2,402,920 options were granted to certain employees of our Company or our Subsidiaries, including
certain Key Managerial Personnel, under ESOS 2015. Such options are convertible into not more than
2,402,920 Equity Shares, which represents 2.00% of the pre-Offer paid-up Equity Share Capital of our
Company. ESOS 2015 is administered by the AGSTTL Employees’ Welfare Trust. The following table
sets forth the particulars of the options granted under the ESOS 2015 as on the date of filing of this
Prospectus:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Particulars Details
Options granted As of the date of this Prospectus, our Company has granted
2,824,720 options (net), the details of which grants are disclosed
below.
Financial Total No. of Exercised
Year/ No. of Options Net
Period | OPtions | Lapsed/ Options
Granted | Cancelled
Financial | 1,216,000 213,500 | 4,73,700 | 528,800
Year 2019
Five- 2,402,920 101,000 ~ | 2,301,920
month
period
ended
August 31,
2021
Total 3,618,920 314,500 473,700 | 2,830,720
Pricing formula Financial Year 2019: 1,216,000 options were granted at 57.92%

discount to fair market value

Five-month period ended August 31, 2021: 2,402,920 options were
granted at 77.78% discount to fair market value

 

Options vested 528,800

 

Options exercised 473,700

 

The total number of Equity Shares arising asa | 528,800
result of exercise of options

 

 

 

 

 

 

Options lapsed 314,500
Variation of terms of options Nil

Money realized by exercise of options 218,535,881
Total number of options in force 2,830,720
Employee-wise detail of options granted to

i. Key managerial personnel Refer Note 1

 

ii. Any other employee who received a grant in | Financial year 2019:
any one year of options amounting to
5% or more of the options granted | Mr. Ricardos El Khoury — 75,000 options
during the year

 

 

iii. Identified employees who were granted | Nil
options during any one year equal to/
exceeding 1% of the issued capital
(excluding outstanding warrants and
conversions) of the Company at the

 

 

 

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