KPIT Technologies Ltd — Regulatory Filings 2024

Apr 26, 2024

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

April 26, 2024

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, 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 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 (“Committee”) in its meeting held today i.e. on April 26, 2024 has considered and approved the following business:

Grant of 5000 Options to the eligible employees covered under the 'KPIT Technologies Limited - Employee Stock Option Scheme 2019A' ("ESOS 2019A"/ "Scheme"/ "KPIT ESOS").

The details of Grants are given herein below:

==> picture [420 x 201] intentionally omitted <==

----- Start of picture text -----

a) brief details of Options granted 5000 options to the eligible employees
as determined by the Committee.
b) whether the scheme is in terms of Yes
SEBI (Share Based Employee
Benefits) Regulations, 2014 and
SEBI (Share Based Employee
Benefits and Sweat Equity)
Regulations, 2021 (if applicable)
c) total number of shares covered by Not more than 5000 shares.
these Options;
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.
e) Options vested; Nil
----- End of picture text -----*

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

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

==> picture [420 x 307] intentionally omitted <==

----- Start of picture text -----

f) time within which Option may be The vested Options shall be excisable
exercised; 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 Nil
Options;
i) the total number of shares arising Nil
as a result of exercise of Option;
j) Options lapsed; Nil
k) Variation of terms of Options Nil
l) 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 3 (three) years
from the date of grant of Options.
m) subsequent changes or Nil
cancellation or exercise of such
Options;
n) diluted earnings per share Options are yet to be exercised.
pursuant to issue of equity shares
on exercise of Options.
o) conversion ratio Each Option shall carry the right to be
issued one Share of the Company.
----- End of picture text -----

*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

DESHPANDE Digitally signed by DESHPANDE NIDA YUNUS NIDA YUNUS Date: 2024.04.26 16:35:03 +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