 

Number of Pre- | Percentage of Pre- | Percentage of Post-

hoe Offer Equity Shares | Offer Capital (%) | Offer Capital (%)*

 

Key Managerial Personnel

 

 

 

 

 

 

 

 

 

 

 

Mr. V.C. Gupte 46,000 0.04 0.04
Mr. Shailesh S. Shetty 36,000 0.03 0.03
Total Holding of Key Managerial Personnel (B) 82,000 0.07 0.07
Total Holding of Directors and Key Managerial 66,542,328 55.27 55.27
Personnel (A+B)
$This percentage does not take into account the transfer of the Offered Shares by the Selling Shareholders as part of the Offer.
dit. There are no securities of our Company that have been purchased or sold by our Promoters, directors
of our Corporate Promoter, members of our Promoter Group and/or our Directors and/or the immediate
relatives of our Directors within the six months immediately preceding the date of filing of the Draft
Red Herring Prospectus, the Red Herring Prospectus and this Prospectus.
12. Employee Stock Option Schemes

(a)

The employee stock options of our Company have been granted under ESOS 2012 and ESOS 2015.

As of the date of this Prospectus, our Company has granted 1,407,980 options (net) under ESOS 2012 and
2,830,720 options (net) under ESOS 2015.

Employee Stock Option Scheme — ESOS 2012 (“ESOS 2012”)

Our Company instituted the ESOS 2012 pursuant to resolutions passed by the Board and the Shareholders,
each dated February 29, 2012, and as amended pursuant to resolutions passed by the Board and the
Shareholders, each dated July 27, 2018 and November 22, 2021. The ESOS 2012 is compliant with the
SEBI SBEB Regulations, as certified by our secretarial auditors, Bhandari & Associates, Company
Secretaries, pursuant to their certificate dated January 11, 2022.

Pursuant to a Shareholders’ resolution dated February 3, 2015, bonus shares were allotted in the ratio of 3:1
to the Shareholders as on a record date of February 11, 2015. Pursuant to the adjustment made as a result of
such bonus issue by way of a resolution passed by the Board, dated March 12, 2015, the total number of
options that can be granted under ESOS 2012 is 2,319,588. 851,670 options were exercised under the
ESOS 2012 in the ratio of 1:1. Further 802,550 vested options were lying with AGSTTL Employees’
Welfare Trust on behalf of employees of our Company or our Subsidiaries.

Pursuant to a resolution passed by the Nomination and Remuneration Committee dated August 12, 2021,
129,740 options were granted from the remaining ESOS 2012 pool to certain employees of our Company
or our Subsidiaries, including certain Key Managerial Personnel, under ESOS 2012. Such options are
convertible into not more than 129,740 Equity Shares, which represents 0.11% of the pre-Offer paid-up
Equity Share Capital of our Company. ESOS 2012 is administered by the AGSTTL Employees’ Welfare
Trust. Pursuant to a Shareholders’ resolution dated February 3, 2015, our Company approved the grant of
an interest free unsecured loan of up to 792,000,000 to AGSTTL Employees Welfare Trust, in one or more
tranche(s), to be utilized for the purpose of purchasing the Equity Shares of our Company under ESOS
2012, and such shares to be allocated to the employees of our Company upon the exercise of options under
ESOS 2012. The following table sets forth the particulars of the options granted under the ESOS 2012 as
on the date of filing of this Prospectus:

 

Particulars Details

 

 

 

Options granted ‘As of the date of this Prospectus, our Company has granted options as disclosed

 

92

 
