KPIT Technologies Ltd — Capital/Financing Update 2022

Jan 31, 2022

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KP 11·

January 31, 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, Bandra - Kurla Complex, Sandra (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 January 31, 2022 has considered and approved the following business:

Grant of 1,42,500 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:

a) brief details of Options grantedb) whether the scheme is in terms ofSEBI(ShareBasedEmployeeBenefits)Regulations,2014(ifalicable);	1,42,500optionstotheeligibleemployeesoftheCompanyasdetermined by the Committee.Yes
c) total number of shares covered bythese O tions;d) *pricing formula;e) Options vested;	Not more than 1,42,500 shares.
	Exercise price per Option shall bedetermined by the Committee whichshall not be lesser than the face valueof the share (Rs. 10/-) as on date ofGrant of Option.Nil

KPIT Technologies Limited (Formerly KPIT Engineering Limited) Registered & Corporate Office: Plot No. 17, Rajiv Gandhi lnfotech Park, MIDC-SEZ, E info@kpit.com Phase-Ill, Maan, Taluka-Mulshi, Hinjawadi, Pune-411057, India. W kpit.com CIN: L74999PN2018PLC174192

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KP 11·

			KP 11
			The vested Options shall be excisable
f)	time withinwhich Option may be		within a period of 5 (Five) years from
	exercised;		the date of vesting of such Options.
g)	Options exercised;		Nil
h)	money realized by exercise of		Nil
	Options;
i)	the total number of shares arising		Nil
	asaresult of exercise of Option;
j)	Options Lapsed;		Nil
			Pursuant tothe Scheme, Options shall
			vestaftertheminimumperiodof 1
k)	brief details of significant terms;		(One)yearbutnotLaterthanthemaximum period of 3 (three) years from
			the date of grant of Options.
L)	subsequent changes orcancellation or exercise of such	,Nil
	Options;
m)	diluted earnings per sharepursuant to issue of equity shares		Options are yet to be exercised.
	on exercise of Options.
			Each Option shall carry the right to be
n)	conversion ratio		issued 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.

Thanking you,

Yours Faithfully,

For KPIT Technologies Limited Nida �ande

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Company Secretary and Compliance Officer

KPIT Technologies Limited (Formerly KPIT Engineering Limited) Registered & Corporate Office: Plot No. 17, Rajiv Gandhi lnfotech Park, MIDC-SEZ, Phase-Ill, Maan, Taluka-Mulshi, Hinjawadi, Pune-411057, India. I CIN: L74999PN2018PLC174192

0 +91 20 6770 6000 E 1nfo@kpit.com W kpit.com