KPIT Technologies Ltd — Regulatory Filings 2021

Jul 23, 2021

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KP 11·

July 23, 2021

BSE Limited

Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001.

Scrip ID: KPITTECH Scrip Code: 542651

Kind Attn: The Manager, Department of Corporate Services Dear Sir / Ma'am,

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

Symbol: KPITTECH Series: EQ

Kind Attn: The Manager, Listing Department

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 23, 2021 has considered and approved the following business:

Grant of 68,000 Options to the eligible employees of the Company and its subsidiary company(ies) 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	68,000 options to the eligible employees of theCompany and/or its subsidiary(ies)asdeterminedby 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 68,000 shares.
d) *pricing formula;	ExercisepriceperOptionshallbe determinedby 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

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

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KP 11·
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		KP 11
e) Options vested;		Nil
f) time withinwhich Option may be exercised;		Thevested Options shall be excisable within a period of 5 (Five) years from the date of vesting of such Options.
g) Options exercised;		Nil
h) money realized by exercise of Options;		Nil
i) the total number of shares arising as aresult ofexercise ofOption;		Nil
j) Options lapsed;		Nil
k) brief details of significant terms;		Pursuant to theScheme, Options shall vestaftertheminimumperiodof1 (One)yearbutnotlaterthanthe 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 onexercise ofOptions.
n)	Each Option shall carry the right tobe 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 Dinde Company Secretary and Compliance Officer

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