The details of the ESOP 2010, as certified by C N K & Associates LLP, Chartered Accountants, through a
certificate dated March 3, 2021 are as follows:

 

 

 

 

 

 

Particulars of scheme (Cumulative till date) Total

Options granted 396,000
Options vested (excluding options that have been exercised or cancelled) Nil
Options exercised 342,400.
Exercise price of options granted (@) 10
Exercise price of options exercised () 10

 

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 53,600
Variation in terms of options NIL

 

 

Money realised by exercise of options %3.42 million
Total number of options in force 7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the period
a . 5 ‘ April 1, 2020 till
Particulars Fiscal 2018 Fiscal 2019 Fiscal 2020 the date of this
Prospectus

Options granted Nil Nil Nil Nil

Options vested Nil Nil Nil Nil

Options exercised Nil Nil Nil Nil

a price of options granted NA N/A NA N/A

Exercise price of options NA N/A N/A N/A

exercised (2)

Total number of Equity Shares

that would arise as a result of full Nil Nil Nil Nil

exercise of options granted (net

of cancelled options)

Options i

forfeited/lapsed/cancelled nl nul nul nul

Variation in terms of options NA NA NA N/A

Money realised by exercise of Nil ‘il il i

options (in lakh)

Total number of options in force Nil 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

 

 

 

 

 

Method of option valuation N/A
Expected Volatility (%) N/A
Dividend Yield (2) N/A
Expected life (Years) N/A
Risk free interest rate (26) N/A

 

 

Weighted average exercise
prices and weighted average fair

 

 

 

 

 

 

 

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