KPIT Technologies Ltd — Capital/Financing Update 2024

Jul 23, 2024

==> picture [562 x 92] intentionally omitted <==

July 23, 2024

BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001.

National Stock Exchange of India Ltd., Exchange Plaza, C/1, G Block, Bandra - Kurla Complex, Bandra (E), Mumbai – 400051.

Scrip ID: KPITTECH Symbol: KPITTECH Scrip Code: 542651 Series: EQ Kind Attn: The Manager, Kind Attn: The Manager, Department of Corporate Services 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 (“SEBI Regulations”).

Pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, this is to inform you that the Nomination and Remuneration (HR) Committee of the Board of Directors of the Company (“the Committee”) in its meeting held today i.e. on July 23, 2024 has considered and approved the following business:

Grant of 10,750 Options to the eligible employees covered under the KPIT Technologies Limited- Restricted Stock Unit Plan 2022 (“RSU Plan 2022”), which was approved by shareholders in Annual General Meeting held on August 24, 2022.

The details of Grants are given herein below:

Sl No	Particulars	Details
1	brief details of Options granted	10,750 options to the eligible employees as determined by the Committee.
2	whether the scheme is in terms of SEBI (Share Based Employee Benefits) Regulations, 2014 and SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (if applicable)	Yes
3	total number of shares covered by these Options	Not more than 10,750 shares.
4	pricing formula	Exercise Price per RSU shall be the face value of Share as on date of grant i.e. Rs 10/-per option.
5	options vested	Nil
6	time within which Option may be exercised	The vested Options shall be excisable within a period of 5 (Five) years from the date of vestingof such Options or

KPIT Technologies Limited

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

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

==> picture [562 x 92] intentionally omitted <==

		such other shorter period as may be decided by the Committee from time to time.
7	options exercised	Nil
8	moneyrealized byexercise of Options	Nil
9	the total number of shares arising as a result of exercise of Option	Nil
10	options lapsed	Nil
11	Variation of terms of Options	Nil
12	brief details of significant terms	Pursuant to the Scheme, Options shall vest after the minimum period of 1 (One) year but not later than the maximum period of 4 (four) years from the date ofgrant of Options.
13	subsequent changes or cancellation or exercise of such Options	Nil
14	diluted earnings per share pursuant to issue of equity shares on exercise of Options.	Options are yet to be exercised.
15	conversion ratio	Each Option shall carry the right to be issued one Share of the Company.

Kindly take the same on your records.

Thanking you,

Yours Faithfully

For KPIT Technologies Limited

DESHPANDE Digitally signed by DESHPANDE NIDA YUNUS NIDA YUNUS Date: 2024.07.23 14:42:03 +05'30' Nida Deshpande Company Secretary and Compliance Officer

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

KPIT Technologies Limited Registered & Corporate Office: Plot No. 17, Rajiv Gandhi Infotech Park, MIDC-SEZ, Phase-III, Maan, Taluka-Mulshi, Hinjawadi, Pune-411057, India. CIN: L74999PN2018PLC174192