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Ksolves India Limited Capital/Financing Update 2024

Oct 19, 2024

59517_rns_2024-10-19_7811623a-8a08-45d1-ba94-91bac67501ce.pdf

Capital/Financing Update

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Date: October 19, 2024

To

Listing Compliance Listing Compliance National Stock Exchange of India Ltd. The Bombay Stock Exchange Limited, Exchange Plaza, Plot no. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Bandra (E) Dalal Street, Mumbai – 400051 Mumbai – 400 001.

Subject : Grant of Employees Stock Options (ESOPs).

Ref : Reg. 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

BSE Scrip Code: 543599; NSE Symbol; KSOLVES; ISIN: INE0D6I01015

Dear Sir/Madam

Pursuant to the above-captioned subject, kindly note that the Board of Directors of the Company at its meeting held today on Friday, October 18, 2024, have inter alia considered and approved :

  1. Grant of 17500 Options under Ksolves Employee Stock Option Scheme I 2024.

  2. Grant of 42500 Options under Ksolves Employee Stock Option Scheme II 2024.

In respect of aforementioned approved items, please find enclosed herewith:

  1. Terms of Grant under under Ksolves Employee Stock Option Scheme I 2024. (Annexure-A)

  2. Terms of Grant under under Ksolves Employee Stock Option Scheme II 2024. (Annexure-B)

This is for your information and records.

For Ksolves India Limited

MANISHA Digitally signed by MANISHA KIDE KIDE Date: 2024.10.19 12:34:30 +05'30' Manisha Kide Company Secretary & Compliance Officer

Ksolves India Limited (Formerly known as Ksolves India Private Limited) Registered. Office.: 317/276-Second floor, Lane No.3, Mehrauli Road, Saidulajab, Saket, New Delhi-110030, Corporate Office: C-28,29, Second floor, C-Block, Smartworks, Tower -D, Logix Cyber Park, Sector 62, Noida, UP -

201301

Telephone No: 0120-4983851 Email Id: [email protected] Website: www.ksolves.com CIN: L72900DL2014PLC269020

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Annexure-A

Terms of Grant under under Ksolves Employee Stock Option Scheme I 2024.

Sl.
No.		 Particulars Details
**1. ** Name of the Scheme Ksolves Employee Stock Option Scheme I
2024(“Scheme I”)
**2. ** Brief details of options granted Grant of 17500 options to eligible
employees.
Effective grant date being October 18,2024
**3. ** Whether the Scheme is in terms of SEBI
(SBEB & SE) Regulations, 2021 (if applicable)		 Yes
**4. ** Total number of shares covered by these
options		 17500 Equity Shares of face value Rs. 10/-
each (Each Option is convertible into one
Equity Share of the Company).
**5. ** Pricing Formula The Exercise Price per Option shall be Rs. 10
i.e., the underlying Face Value of the Shares
of the Company.
**6. ** Options Vested Not Applicable, as this outcome is pertaining
to grant of Options under the Scheme I.
**7. ** Time within which option may be exercised All Options upon vesting shall be exercisable
within 90 (Ninety) days from the date of
respective vesting.
**8. ** Options exercised Not Applicable, as this outcome is pertaining
to grant of Options under the Scheme I.
**9. ** Money realized by exercise of Options Not Applicable, as this outcome is pertaining
to grant of Options under the Scheme I.
**10. ** The total number of Shares arising as a
result of exercise of Option		 17500 shares will arise resultant to exercise
of the said options.
**11. ** Options lapsed Not Applicable, as this outcome is pertaining
to grant of Options under the Scheme I.
**12. ** Variation in terms of Options Not Applicable
**13. ** Brief details of significant terms The Scheme I is administered by the
Nomination and Remuneration Committee.
The grant of Options is based upon the
eligibility criteria as mentioned in the Scheme
I.

Ksolves India Limited (Formerly known as Ksolves India Private Limited) Registered. Office.: 317/276-Second floor, Lane No.3, Mehrauli Road, Saidulajab, Saket, New Delhi-110030, Corporate Office: C-28,29, Second floor, C-Block, Smartworks, Tower -D, Logix Cyber Park, Sector 62, Noida, UP -

201301

Telephone No: 0120-4983851 Email Id: [email protected] Website: www.ksolves.com CIN: L72900DL2014PLC269020

==> picture [188 x 62] intentionally omitted <==

There shall be a minimum period of 1 (one)
year between grant of options and vesting of
options.
The granted Options once vested shall entitle
the Option holder to acquire equal number of
Equity Shares, upon payment of exercise
price and applicable taxes in accordance with
terms and conditions of the Scheme I.
All Vested Options shall be exercised, either
in full or in part, from the date of vesting and
within 90 days (Ninety days) from the date of
respective vesting.
**14. ** Subsequent
changes
or
cancellation
or
exercise of such Options		 Not Applicable, as this outcome is pertaining
to grant of Options under the Scheme I.
**15. ** Diluted earnings per share pursuant to the
issue of equity shares on exercise of Options.
Not Applicable, as this outcome is pertaining
to grant of Options under the Scheme I.

Ksolves India Limited (Formerly known as Ksolves India Private Limited) Registered. Office.: 317/276-Second floor, Lane No.3, Mehrauli Road, Saidulajab, Saket, New Delhi-110030, Corporate Office: C-28,29, Second floor, C-Block, Smartworks, Tower -D, Logix Cyber Park, Sector 62, Noida, UP -

201301

Telephone No: 0120-4983851 Email Id: [email protected] Website: www.ksolves.com CIN: L72900DL2014PLC269020

==> picture [188 x 62] intentionally omitted <==

Annexure-B

Terms of Grant under under Ksolves Employee Stock Option Scheme II 2024.

Sl.
No.		 Particulars Details
**1. ** Name of the Scheme Ksolves Employee Stock Option Scheme II
2024(“Scheme II”)
**2. ** Brief details of options granted Grant of 42500 options to eligible
employees.
Effective grant date being October 18,2024
**3. ** Whether the Scheme is in terms of SEBI
(SBEB & SE) Regulations, 2021 (if applicable)		 Yes
**4. ** Total number of shares covered by these
options		 42500 Equity Shares of face value Rs. 10/-
each (Each Option is convertible into one
Equity Share of the Company).
**5. ** Pricing Formula The Exercise price for the above-mentioned
Options shall be at 20% discount to the
Market Price of Share of the Company as
mentioned under the scheme.
**6. ** Options Vested Not Applicable, as this outcome is pertaining
to grant of Options under the Scheme II.
**7. ** Time within which option may be exercised All Options upon vesting shall be exercisable
within 1 Year from the date of respective
vesting.
**8. ** Options exercised Not Applicable, as this outcome is pertaining
to grant of Options under the Scheme II.
**9. ** Money realized by exercise of Options Not Applicable, as this outcome is pertaining
to grant of Options under the Scheme II.
**10. ** The total number of Shares arising as a
result of exercise of Option		 42500 shares will arise resultant to exercise
of the said options.
**11. ** Options lapsed Not Applicable, as this outcome is pertaining
to grant of Options under the Scheme II.
**12. ** Variation in terms of Options Not Applicable
**13. ** Brief details of significant terms The Scheme II is administered by the
Nomination and Remuneration Committee.
The grant of Options is based upon the
eligibility criteria as mentioned in the Scheme
II.

Ksolves India Limited (Formerly known as Ksolves India Private Limited) Registered. Office.: 317/276-Second floor, Lane No.3, Mehrauli Road, Saidulajab, Saket, New Delhi-110030, Corporate Office: C-28,29, Second floor, C-Block, Smartworks, Tower -D, Logix Cyber Park, Sector 62, Noida, UP -

201301

Telephone No: 0120-4983851 Email Id: [email protected] Website: www.ksolves.com CIN: L72900DL2014PLC269020

==> picture [188 x 62] intentionally omitted <==

There shall be a minimum period of 1 (one)
year between grant of options and vesting of
options.
The granted Options once vested shall entitle
the Option holder to acquire equal number of
Equity Shares, upon payment of exercise
price and applicable taxes in accordance with
terms and conditions of the Scheme II.
All Vested Options shall be exercised, either
in full or in part, from the date of vesting and
within 1 year (One year) from the date of
respective vesting.
**14. ** Subsequent
changes
or
cancellation
or
exercise of such Options		 Not Applicable, as this outcome is pertaining
to grant of Options under the Scheme II.
**15. ** Diluted earnings per share pursuant to the
issue of equity shares on exercise of Options.
Not Applicable, as this outcome is pertaining
to grant of Options under the Scheme II.

Ksolves India Limited (Formerly known as Ksolves India Private Limited) Registered. Office.: 317/276-Second floor, Lane No.3, Mehrauli Road, Saidulajab, Saket, New Delhi-110030, Corporate Office: C-28,29, Second floor, C-Block, Smartworks, Tower -D, Logix Cyber Park, Sector 62, Noida, UP -

201301

Telephone No: 0120-4983851 Email Id: [email protected] Website: www.ksolves.com CIN: L72900DL2014PLC269020

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