KPIT Technologies Ltd — Capital/Financing Update 2022

Jul 25, 2022

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KP 11·

July 25, 2022

BSE Limited

Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001.

Scrip ID: KPITTECH Scrip Code: 542651

Kind Attn: The Manager, Department of Corporate Services

National Stock Exchange of India Ltd.,

Exchange Plaza, C/1, G Block, Sandra - Kurla Complex, Bandra (E), Mumbai - 400051.

Symbol: KPITTECH Series: EQ

Kind Attn: The Manager, Listing Department

Dear Sir / Ma'am,·

Sub: Disclosure of events or information under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Securities and Exchange Board of India (Share Based Employees Benefits) Regulation, 2014, this is to inform you that the Nomination and Remuneration (HR) Committee of the Board of Directors of the Company ("Committee") in its meeting held on July 25, 2022 has considered and approved the following business:

Grant of 1,26,500 Options to the eligible employees of the Company under the 'KPIT Technologies Limited - Employee Stock Option Scheme 2019A' ("ESOS 2019A"/ "Scheme"/ "KPIT ESOS") of the Company.

The details of Grants are given herein below:

	1,26,500optionsto	theeligible
a) brief details of Options granted	employeesoftheCompanyasdetermined by the Committee.
b) whether the scheme is in terms of
SEBI(ShareBasedEmployee	Yes
Benefits)Regulations,2014(if
applicable);
c) total number of shares coveredby	Not more than 1,26,500	shares.
these Options;
	Exerciseprice perOptionshallbe
	determinedbytheCommitteewhich
d) *pricing formula;	shall not be lesser than the face valueof the share (Rs. 10/-) as on date of
	Grant of Option.
e) Options vested;Nil�gistered & Corporate Office: Plot No. 17, Rajiv Gandhi lnfotech Park, MIDC-SEZ,KP IT Technologies LimitedRePhase-111, Maan, Taluka-Mulshi, Hinjawadi, Pune-411057, India.CIN: L74999PN2018PLC174192		-�·�1ec1>,,:--00I�(0�-·I*l9II>0EliJ+91 20 6770 60he)),':"-toinfo@kpit.com�W kpitcom

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KP 11·

f)timewithinwhich Option may beexercised;	f)timewithinwhich Option may beexercised;	The vested Options shall be excisablewithin a period of 5 (Five) years fromthe date of vesting of such Options.Nil	The vested Options shall be excisablewithin a period of 5 (Five) years fromthe date of vesting of such Options.Nil
g) Options exercised;
h) money realized by exercise ofOptions;		NilNil
i)the total number of shares arisingas a resultofexercise ofOption;
j)Options lapsed;		Nil
k) brief details of significant terms;l)subsequent changes orcancellation or exercise of suchOptions;		Pursuant tothe Scheme, Options shallvestaftertheminimum periodof1(One)yearbutnot laterthanthemaximum period of 3 (three) years fromthe date of grant of Options.Nil
m) diluted earnings per sharepursuant to issue of equity shareson exercise ofOptions.		Options are yet to be exercised.
n) conversion ratio		Each Option shall carry the right tobeissued one Share of the Company.

*On June 30, 2020, the shareholders approved the amended ESOS 2019A Scheme with the variation of the exercise price per option from 'market price per share as on date of grant' to 'not less than face value of the shares as on date of grant of option as determined by the Nomination & Remuneration (HR) Committee of the Board of Directors of the Company'. Accordingly, the Nomination and Remuneration (HR) Committee, have approved the grant of options at the modified exercise price of Rs. 10/- per option.

Kindly take the same on your records.

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----- Start of picture text ----- Thanking you,Yours Faithfully,For KPIT Technologies Limited�Nida DeshpandeCompany Secretary and Compliance Officer----- End of picture text -----

KPIT Technologies Limited

0 +91 20 6770 6000 E info@kpit.com W kpit.com

Registered & Corporate Office: Plot No. 17, Rajiv Gandhi lnfotech Park, MIDC-SEZ, Phase-Ill, Maan, Taluka-Mulshi, Hinjawadi, Pune-411057, India. CIN: L74999PN2018PLC174192