 

For the period April

 

 

 

 

Particulars Fiscal 2018 Fiscal 2019 Fiscal 2020 1, 2020 till the date
of this Prospectus
Options granted 856,950 1,131,000 NIL NIL
Options vested (total of vested, 307,245 441,770 556,729 424,518
exercised and vested cancelled)
Options exercised 159,632 282,527 511,649 306,734
Exercise price of options granted | 155) ang 197/- | 140/ and 173/- N/A N/A

@

 

Exercise price of options exercised

108/-, 125/- and

108/-, 125/- ,127/-

108/-, 125/- ,127/-,

 

 

 

@ 108i 127/- , 140/- and 173/- 140/- and 173/-
Total number of Equity Shares

that ‘would rise‘as'a.resule of full 1,804,158 2,301,972 1,427,891 853,605
exercise of options granted (net of

cancelled options)

Options forfeited/lapsed/cancelled 403,160 350,659 362,432 2,67,552
Variation in terms of options NIL NIL NIL NIL

 

Money tealised by exercise of
options

= 17.24 million

2 32.72 million 2 66.72 million

% 39.45 million

 

Total number of options in force

1,804,158

2,301,972 1,427,891

8,53,605

 

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 (%)

Grant I:
Tranche I 41.68%
Tranche II 39.61%
Tranche III 38.41%
Tranche IV 40.66%

Grant II:
Tranche I 38.88%
Tranche II 38.78%

Tranche III 37.41%
Tranche IV 39.34%

Grant III:
Tranche I 39.35%
Tranche II 39.32%
Tranche III 38.05%
Tranche IV 37.08%

Grant IV:
Tranche I 33.05%
Tranche II 37.71%
Tranche III 38.38%
Tranche IV 37.34%

Grant V:
Tranche I 30.63%
Tranche II 38.03%

Tranche III 37.18%
Tranche IV 37.28%

 

 

©) Dividend Yield (%)

 

0%

 

95

 
