CMS Info Systems Limited — Capital/Financing Update 2023

Jan 10, 2023

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CMSINFO/2301/001

To BSE Limited Listing Department, 1st Floor, PJ Towers, Dalal Street, Fort, Mumbai – 400 001

Scrip Code: 543441

National Stock Exchange of India Limited. Exchange Plaza, C-1, Block-G, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051

Symbol: CMSINFO

Dear Sir/Madam,

Sub: Intimation for Grant of Stock Options under "CMS employees stock option plan 2016"

We wish to inform you that pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and subject to the provisions of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (hereinafter referred to as SEBI Regulations), the Nomination & Remuneration Committee of the Company vide circular resolution dated January 07, 2023, has approved on January 09, 2023 grant of 3,55,000 Stock Options (the “Options”) to certain identified employees of the Company under the CMS employees stock option plan 2016 (“Employees ESOP 2016). The requisite details as required are attached herewith as Annexure I.

The intimation is also being uploaded on the Company's website at www.cms.com.

You are requested to kindly take the same on your record.

Thanking You.

For CMS Info Systems Limited PRAVEEN Digitally signed by PRAVEEN SONI SONI Date: 2023.01.10 17:27:20 +05'30' CS Praveen Soni Company Secretary & Compliance Officer (Membership No. FCS 6495)

Encl: As above

Regd. Office: T-151, 5th Floor, Tower No.10, Sector-11, railway station complex, CBD Belapur, Navi Mumbai- 400 614 | T: +91-22-4889 7400 | F: +91-22-4889 5177 CMS Info Systems Limited |CIN: L45200MH2008PLC180479 | www.cms.com | E: contact@cms.com

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Annexure I

Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule Ill

Sr. **No. **	Particulars		Details	Details
1	Brief details of options granted		3,55,000 Options granted to certain identified employees under the CMS employees stock option plan 2016.
2	Whether the scheme is in terms of SEBI (Share Based Employee Benefits and Sweat Equity Regulations, 2021 (if applicable)		Yes
3	Total number of shares covered by these options;		3,55,000 Equity Shares
4	Pricing formula		The said Options are being granted at Rs. 250 (Rupees Two Hundred and Fifty only)
5	Vesting period			Options to vest 25 % of Options granted 25 % of Options granted 25 % of Options granted 25 % of Options granted
			Dates of Vesting	Options to vest
			12 months from the date ofgrant	25 % of Options granted
			21 months from the date of grant	25 % of Options granted
			33 months from the date ofgrant	25 % of Options granted
			45 months from the date of grant	25 % of Options granted
6	Time within which option may be exercised		As per Employees ESOP 2016 as amended on 28th December, 2022, the Vested Options can be exercised within Two (2) years from the date of such Vesting.
7	Options exercised		Not Applicable
8	Money realized by exercise of options		Not Applicable
9	The total number of shares arising as a result of exercise of option;		Not Applicable
10	Options lapsed		Not Applicable
11	Variation of terms of options		Not Applicable
12	Brief details of significant Terms		• The Employees ESOP 2016 also provides for the manner in which Options would be dealt with in case of death, permanent incapacity, resignation, termination, retirement, abandonment etc.

Regd. Office: T-151, 5th Floor, Tower No.10, Sector-11, railway station complex, CBD Belapur, Navi Mumbai- 400 614 | T: +91-22-4889 7400 | F: +91-22-4889 5177 CMS Info Systems Limited |CIN: L45200MH2008PLC180479 | www.cms.com | E: contact@cms.com

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		• The equity shares allotted, pursuant to the exercise of the stock options, would be pari-passu to the existing Equity shares in all respects and would not be subject to lock-in.
13	Subsequent changes or cancellation or exercise of such options	Not Applicable
14	diluted earnings per share pursuant to issue of equity shares on exercise of option	Not Applicable

For CMS Info Systems Limited PRAVEEN Digitally signed by PRAVEEN SONI SONI Date: 2023.01.10 17:28:09 +05'30' CS Praveen Soni Company Secretary & Compliance Officer Membership No.: FCS 6495

Regd. Office: T-151, 5th Floor, Tower No.10, Sector-11, railway station complex, CBD Belapur, Navi Mumbai- 400 614 | T: +91-22-4889 7400 | F: +91-22-4889 5177 CMS Info Systems Limited |CIN: L45200MH2008PLC180479 | www.cms.com | E: contact@cms.com