KPIT Technologies Ltd — Regulatory Filings 2021

Oct 30, 2021

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October 30, 2021

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 Scrip Code: 542651 Kind Attn: The Manager, Department of Corporate Services

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 October 29, 2021 has considered and approved the following business:

Grant of 40,000 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 granted	40,000 options to the eligible employees of the Company as determined by the Committee.
b) whether the scheme is in terms of SEBI (Share Based Employee Benefits) Regulations, 2014 (if applicable);	Yes
c) total number of shares covered by these Options;	Not more than 40,000 shares.
d) *pricing formula;	Exercise price per Option shall be determined by the Committee which shall not be lesser than the face value of the share (Rs. 10/-) as on date of Grant of Option.

KPIT Technologies Limited O +91 20 6770 6000 Registered & Corporate Office: Plot No.17, Rajiv Gandhi Infotech Park, MIDC-SEZ, E info@kpit.com Phase-III, Maan, Taluka-Mulshi, Hinjawadi, Pune-411057, India. W kpit.com CIN: L74999PN2018PLC174192

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Nil
e) Options vested;
The vested Options shall be excisable
f) time within which Option may be within a period of 5 (Five) years from
exercised; the date of vesting of such Options.
Nil
g) Options exercised;
h) money realized by exercise of Nil
Options;
i) the total number of shares arising Nil
as a result of exercise of Option;
Nil
j) Options lapsed;
Pursuant to the Scheme, Options shall
vest after the minimum period of 1
(One) year but not later than the
k) brief details of significant terms;
maximum period of 3 (three) years from
the date of grant of Options.
l) subsequent changes or
Nil
cancellation or exercise of such
Options;
m) diluted earnings per share
Options are yet to be exercised.
pursuant to issue of equity shares
on exercise of Options.
Each Option shall carry the right to be
n) conversion ratio issued one Share of the Company.
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*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

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Nida Deshpande Company Secretary and Compliance Officer

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

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