 

 

 

 

 

 

Particulars of scheme Total
Exercise price of options granted (2) 36
Exercise price of options exercised (2) 36
Total number of Equity Shares that would arise as a result of full exercise of options
granted (net of cancelled options)

Options forfeited/lapsed/cancelled 161,150
Variation in terms of options NIL

 

Money realised by exercise of options

= 12.97 million

 

Total number of options in force

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the
period April
Particulars Fiscal 2018 Fiscal 2019 Fiscal 2020 1, 2020 till the
date of this
Prospectus
Options granted Nil Nil Nil Nil
Options vested 66,750 Nil Nil Nil
Options exercised 172,350 1,200 Nil Nil
Exercise price of options granted (2) N/A N/A NA N/A
pn price of options exercised 56, 56 V8 WA!
Total number of Equity Shares that
would arise as a result of full 1,200 Nil Nil Nil
exercise of options granted (net of
cancelled options)
Options forfeited/lapsed/cancelled 2,400 Nil Nil Nil
Variation in terms of options NA NA NA NA
Money realised by exercise of | 659 million 2 0.04 million Nil Nil
options
Total number of options in force 1,200 Nil Nil Nil
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

 

b) Expected Volatility (%)

Tranche I 37.71%
Tranche II 39.01%
Tranche III 36.82%

 

©) Dividend Yield (%)

0%

 

d) Expected life (Years)

Tranche I: 2.56 years
Tranche II: 3.56 years
Tranche III: 4.56 years

 

e) Risk free interest rate (%)

8.65%

 

 

Weighted average exercise prices
and weighted average fair value of
options whose exercise price where:

 

 

 

 

 

92

 
