 

 

 

 

 

 

 

 

 

 

Particulars Details
below.
Total | No.of | Exercised
Financial Year/ Period onan eee ae
Granted | Cancelled

2012 1,870,000 650,080. 616,970 602,950
2013 50,000 - 50,000 -
2015 342,000 252,000 32,000 58,000.
2019 881,000 105,000 152,700 623,300
Five-month period ended 129,740 6,100 - 123,640
August 31, 2021
Total 3,272,740 1,013,180 851,670 | 1,407,980

 

 

 

 

 

 

 

Pricing formula

‘Financial year 2012: 1,870,000 options were granted at fair market value

* Financial year 201

fair market value

: 50,000 options were granted at 21.74% discount to

¢ — Financial year 2015: 160,000 options, were granted at 27.11% discount to
fair market value and 182,000 options were granted at 74.33% discount to

fair market value

* Financial year 2019: 881,000 options were granted at 57.92% discount to

fair market value

*  Five-month period ended August 31, 2021: 129,740 options were granted
at 77.78% discount to fair market value

 

 

 

 

 

 

 

Options vested 1,284,250
Options exercised 851,670

The total number of Equity 1,284,250
Shares arising as a result of

exercise of options

Options lapsed/ cancelled 1,013,180
Variation of terms of options Nil

Money realized by exercise of 333,325,847
options

Total number of options in force _| 1,407,980

 

Employee-wise detail of options
granted to

 

i.

Key managerial personnel

Refer note 1

 

ii.

Any other employee who
received a grant in any one
year of options amounting
to 5% or more of the
options granted during the
year

Refer note 2

 

 

iii.

Identified employees who
were granted —_— options
during any one year equal
to/ exceeding 1% of the
issued capital (excluding

 

Nil

 

93

 
