InterGlobe Aviation Limited — Capital/Financing Update 2023

Nov 2, 2023

IGAL/SECT/11-23/5

November 2, 2023

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To To National Stock Exchange of India Limited Department of Corporate Services Exchange Plaza, C - 1, Block G BSE Limited Bandra Kurla Complex Phiroze Jeejeebhoy Towers Bandra - (E) Dalal Street Mumbai - 400 051 Mumbai - 400 001

Dear Sir/ Madam,

Sub : Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”) – Grant of Performance Stock Options

Ref : InterGlobe Aviation Limited (Symbol: INDIGO/Scrip Code: 539448)

In compliance with Regulation 30 and other applicable regulations of the SEBI LODR Regulations, we hereby inform that as approved by the Nomination and Remuneration Committee of the Company (“NRC”) on November 2, 2023, 104,500 Performance Stock Options have been granted to certain eligible employees, under InterGlobe Aviation Limited - Employees Stock Option Scheme 2023 (the “Scheme”).

The details as required, under the SEBI LODR Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, are provided as Annexure I to this letter.

This is for your information and record.

Yours sincerely,

For InterGlobe Aviation Limited

SANJAY Digitally signed by SANJAY GUPTA GUPTA Date: 2023.11.02 21:37:34 +05'30'

Sanjay Gupta

Company Secretary and Chief Compliance Officer Encl: Annexure - I

InterGlobe Aviation Limited

Registered Office: Upper Ground Floor, Thapar House, Gate No. 2, Western Wing, 124 Janpath, New Delhi – 110 001, India. M +91 9650098905, F + 91 11 43513200 Email: corporate@goindigo.in Corporate Office: Emaar Capital Tower-II, Sector-26, Sikanderpur Ghosi, MG Road, Gurugram-1220022, Haryana, India. T +91 124 435 2500 CIN no.: L62100DL2004PLC1297

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Annexure – I

		Annexure – I
S. No.	Particulars	Details
1.	Brief details of options granted	104,500 Performance Stock Options (Options) have beengranted to certain eligible employees of the Company onthe terms and subject to the conditions under the Scheme.
2.	Whether the scheme is in termsof SEBI (SBEB) Regulations,2021	The Scheme is in compliance with the SEBI (Share BasedEmployee Benefits and Sweat Equity) Regulations, 2021
3.	Totalnumberofsharescovered by these Options	The Options carry right to apply for equivalent number ofequity shares of the Company at the face value of Rs. 10/-each subject to the terms and conditions, andperformance achievement against the targets of thevesting set out in the Scheme.
4.	Pricing formula	Exercise price shall be Rs. 10 per equity share of theCompany, i.e., the face value of the equity share.
5.	Options vested	The Options would vest as per the terms and conditionsof the grant and award agreement and only postachievement of set performance metrics and targets.
6.	Time within which Options maybe exercised	The Exercise Period would commence from the date ofvesting of Options and expire at the end of 4 years fromthe date of vesting of the Options.
7.	Options exercised	Not applicable
8.	Moneyrealizedbyexercise of Options	Not applicable
9.	The total number of sharesarising as a result of exercise ofOptions	Not applicable
10.	Options lapsed	Not applicable
11.	Variationoftermsofoptions	No variation
12.	Brief details of significant terms	a) The total number of Options to be granted would entitlethe grantees to acquire, up to and not exceeding 104,500number of equity shares of the Company at the face valueof Rs. 10/- each subject to the terms and conditions of thevesting set out in the Scheme.b) The Options shall vest subject to the grantees’continued employment with the Company, grantees’individual performance and the Company achieving pre-determined performance metrics as per the Company’sstandalone audited financials.c) The grantees shall bear any taxes arising as applicableat the time of exercise of vested Options.

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13.	Subsequentchangesorcancellation or exercise of suchOptions	There is no change, cancellation or exercise of theOptions.
14.	Diluted earnings per sharepursuant to issue of equityshares on exercise of options	No Options have been exercised till date.

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