MPS Limited — Capital/Financing Update 2024

Sep 27, 2024

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Ref: MPSL/SE/43/2024-25 Date: 27 September 2024

	National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot no. C/1, G Block, Bandra – Kurla Complex, Bandra (East), Mumbai - 400 051, India Symbol:MPSLTD ISIN:INE943D01017	BSE Limited Department of Corporate Services Phiroze Jeejeebhoy Towers Dalal Street, Mumbai- 400001, India Scrip Code:532440 ISIN:INE943D01017

Sub: Intimation of 2[nd] Grant of Options pursuant to ‘MPS Limited- Employee Stock Options Scheme 2023’

Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 (“SEBI Listing Regulations”), we wish to inform you that the Nomination and Remuneration Committee of the Board of Directors of the Company in their meeting held today, 27 September 2024 has considered and approved the 2[nd] Grant of 1,10,970 (One Lac Ten Thousand Nine Hundred and Seventy Only) options under ‘MPS Limited-Employee Stock Options Scheme 2023 (“ESOS 2023”).

The requisite details in compliance with Regulation 30 of SEBI Listing Regulations are enclosed herewith as “Annexure-A” .

The same is also available on the website of the Company i.e. www.mpslimited.com under the head Investors.

This is for your information and record.

Thanking you,

Yours Faithfully, For MPS Limited

RAMAN Digitally signed by RAMAN SAPRA DN: c=IN, o=PERSONAL, title=9408, pseudonym=43dbd303263049bf818a076f6d838560, 2.5.4.20=18cf30a1544184712dd62ca166 b9893ae39be03b72c0f4a44c907cf6e8f2 SAPRA 5d25, postalCode=201014, st=Uttar Pradesh, serialNumber=15cbe9dded45c032a01894d72a7cb7af4313fb2366016cd2de145cf c530838fc, cn=RAMAN SAPRA Raman Sapra Company Secretary & Compliance Officer

Encl: As Above

www.mpslimited.com

Registered Office: RR Towers IV, Super A, 16/17, Thiru-Vi-Ka Industrial Estate, Guindy, Chennai-600032 (INDIA), Tel: +91 44 49162222 Fax: +91 44 49 16 2225 Email: info@mpslimited.com Corporate Identification Number: L22122TN1970PLC005795

Annexure-A

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Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule Ill

S. No.	Particulars	Details
1	Brief details of options granted	1,10,970 (One Lac Ten Thousand Nine Hundred and Seventy Only) Options have been granted to eligible employees.
2	Whether the scheme is in terms of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (if applicable)	Yes
3	Total number of shares covered by these options	1,10,970 (One Lac Ten Thousand Nine Hundred and SeventyOnly)equityshares of the Company.
4	Pricing Formula	The said Options are being granted at a Market Price of INR 2,136.40 (Rupees Two Thousand One Hundred Thirty-Six Rupees and Forty Paisa Only) as on the date of grant. The market price is determined as the latest available closing price on the National Stock Exchange of India Limited, which is the stock exchange that recorded the highest trading volume in the equity shares of the Company on the trading day immediately preceding the date on which the Grant of Options was approved.
5	Options vested	Options would vest equally over 4 (Four) annual vesting.
6	Time within which option may be exercised	The Vested Options shall be exercised by the Option Grantees within the maximum exercise period of 5 (five) years from the date of vestingof Options.
7	Options exercised	N.A.
8	Money realized by exercise of options	N.A.
9	The total number of shares arising as a result of exercise of option	N.A.
10	Options lapsed	N.A.
11	Variation of terms of options	N.A.
12	Brief details of significant terms	N.A.
13	Subsequent changes or cancellation or exercise of such options	N.A.
14	Diluted earnings per share pursuant to issue of equity shares on exercise of options	N.A.

www.mpslimited.com

Registered Office: RR Towers IV, Super A, 16/17, Thiru-Vi-Ka Industrial Estate, Guindy, Chennai-600032 (INDIA), Tel: +91 44 49162222 Fax: +91 44 49 16 2225 Email: info@mpslimited.com Corporate Identification Number: L22122TN1970PLC005795