Dynacons Systems & Solutions Ltd. — Capital/Financing Update 2022

Aug 10, 2022

	SOLUTIONS	DYNACONS EMPOWER THAT
August 10, 2022
BSE Limited, 25, P. J. Towers, Dalal Street, Mumbai — 400 001		The National Stock Exchange of India Ltd Exchange Plaza, Plot No. C/1, G Block Bandra Kurla Complex, Bandra East, Mumbai 400 051
Scrip Code: 532365		Symbol: - DYNACONS

Sub: Grant of stock options under 'Dynacons - Employees Stock Option Plan 2020' (ESOP — 2020)

Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI LODR')

Dear Respected Sir / Ma'am,

Pursuant to the applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI LODR''), we wish to inform that the Nomination and Remuneration Committee of the Company, at their meeting held on Wednesday, August 10, 2022 has inter alia approved grant of 33,500 Stock Options to the eligible Employees of the Company under ESOP - 2020.

Disclosure as required under Regulation 30 of SEBI LODR read with SEBI Circular No. CIR/CFD/CMD/ 4/2015 dated September 09, 2015 is enclosed as Annexure A. Yours Faithfully,

The meeting commenced at 03:45 p.m. and concluded at 04:15 p.m.

Kindly take the above mentioned information on records.

Thanking You,

Encl: As Above

Dynacons Systems & Solutions Limited CIN NO : L72200MH1995PLC093130 Certified ISO 9001:2008, ISO 20000-1:2011, ISO 27001:2013

Registered Office : 78, Ratnajyot Industrial Estate, Irla Lane, Vile Parle West, Mumbai - 400 056. Corporate Office : 3rd Floor, A Wing, Sunteck Centre, Subhash Road, Near Garware Chowk, Vile Parle East, Mumbai - 400 057. 'BE +91-22-66889900 | Wij +91-22-26716641 | G www.dynacons.com | M4 sales@dynacons.com | 1860-123-4444 (ESRD PR cS EE TE oS A BO TEESE

Options to purchase securities (including any Share Based Employee Benefit (SBEB) and Sweat Equity Scheme) at the time of instituting the scheme and vesting or exercise of options:

		O
		DYNACONS SOLUTIONS THAT
		Annexure -A Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Sweat	Regulations, 2015 as amended: Options to purchase securities (including any Share Based Equity Scheme)	Employee Benefit (SBEB) and at the time of instituting the scheme and vesting or exercise of
options:
Sr. No.	Particulars	Responses
	1. Brief details of options granted	ESOPs Nomination 33,500 granted the by Remuneration Committee to the eligible employee of the Company under Dynacons - Employees Stock Option Plan 2020' (ESOP - 2020)
	2. Whether the scheme is in terms Dynacons Sweat Benefits and Equity) the Regulations, 2021	Employee (ESOP — 2020 Stock Option Plan - of SEBI (Share Based Employee 2020) is formulated and approved by the Shareholders of Company September pursuant 2020 on 30, to Employee Based (Share provisions of the SEBI Benefits) ESOP- 2022 was further amended Regulations, 2014. the Nomination and Remuneration committee and Board of Directors of the Company at their meetings held on March 10, 2022 in accordance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (SEBI SBEB and Sweat Equity Regulations).
	by these options	3. Total number of shares covered 33,500 equity shares of Rs. 10/- each of the Company. Each stock option carries the right to apply for and be allotted 1 (one) equity share of face value of Rs. 10/- each of the Company.
	4. Pricing formula/Exercise Price	33,500 options exercise stock price 10/- Rs. at of option/per share.
	exercised	5. Options vested/ Vesting schedule Stock options will vest over a period of 1 year to 2 years. 6. Time within which option may be The exercise period shall be a maximum of two years from the date of respective vesting of Options.
	7. Options exercised 8. Money exercise realized by	NIL of NIL
	options; number 9. The shares NIL total of arising as a result of exercise of
10.	option Options lapsed	NIL
	Variation of terms of options	=
11.		Brief details of significant terms The total number of Options to be granted under the ESOP — 2020 shall not exceed 15,00,000 (Fifteen Lakhs Only).

		O
		DYNACONS SOLUTIONS THAT Remunerations Committee has granted 33,500 Options in
13.	Subsequent changes cancellation or exercise of such	the 1° tranche to eligible Employees of the Company. or NA
14.	options earnings Diluted per pursuant equity issue of to	share Options are yet to be exercised.
	shares on exercise of options
	For Dynacons Syste Solutions Limited
	Compliance Office