KPIT Technologies Ltd — Share Issue/Capital Change 2024

Apr 22, 2024

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April 22, 2024

BSE Limited National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, Exchange Plaza, C/1, G Block, Dalal Street, Bandra - Kurla Complex, Bandra (E), Mumbai – 400001. 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 April 22, 2024 has considered and approved the following business:

Grant of 819,650 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 maximum dilution, in case all options are exercised is 0.025% as on date, since this scheme will be administered through KPIT Employee Welfare Trust (“trust”) and shares held by trust will be utilized against exercise of options. If need arises then primary allotment will be made to the trust. Such primary allotment option is included in RSU Plan, 2022 as approved by shareholders.

The details of Grants are given herein below:

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1. brief details of Options granted 819,650 options to the eligible
employees as determined by
the Committee.
2. whether the scheme is in terms of SEBI (Share Yes
Based Employee Benefits) Regulations, 2014
and SEBI (Share Based Employee Benefits and
Sweat Equity) Regulations, 2021 (if applicable)
3. total number of shares covered by these Not more than 819,650 shares.
Options;
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
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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

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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
vesting of such Options or
such other shorter period as
may be decided by the
Committee from time to time.
7. options exercised; Nil
8. money realized by exercise of Options; Nil
9. the total number of shares arising as a result of Nil
exercise of Option;
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 of grant of
Options.
13. subsequent changes or cancellation or exercise Nil
of such Options;
14.diluted earnings per share pursuant to issue of Options are yet to be
equity shares on exercise of Options. exercised.
15. conversion ratio Each Option shall carry the
right to be issued one Share of
the Company.
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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: 2024.04.22 09:25:43 +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