MPS Limited — Capital/Financing Update 2025

May 5, 2025

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Ref: MPSL/SE/09/2025-26 Date: 05 May 2025

	National Stock Exchange of India LimitedExchange Plaza, 5th Floor, Plot no. C/1,G Block, Bandra – Kurla Complex, Bandra (East),Mumbai - 400 051, India**Symbol:**MPSLTD**ISIN: **INE943D01017	BSE LimitedDepartment of Corporate ServicesPhiroze Jeejeebhoy TowersDalal Street, Mumbai- 400001, India**Scrip Code:**532440**ISIN: **INE943D01017

Sub: Intimation of 3[rd] Grant of Options pursuant to ‘MPS Limited- Employee Stock Options Scheme 2023’

Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 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, 05 May 2025, has considered and approved the 3[rd] Grant of 58,900 (Fifty Eight Thousand Nine Hundred Only) options under ‘MPS Limited-Employee Stock Options Scheme 2023 (“ESOS 2023”).

The requisite details in compliance with Regulation 30 read with Schedule III of the SEBI Listing Regulations and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11 November 2024, 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 Date: 2025.05.05 21:05:10 +05'30' 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 Email: info@mpslimited.com Corporate Identification Number: L22122TN1970PLC005795

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Annexure-A

Details as required under Regulation 30 read with Schedule III of the SEBI Listing Regulations and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11 November 2024, are as under:

S.No.	Particulars	Details
1	Brief details of options granted	58,900 (Fifty Eight Thousand Nine Hundred Only)Options have been granted to eligible employees.
2	Whether the scheme is in terms ofSEBI(ShareBasedEmployeeBenefitsandSweatEquity)Regulations, 2021 (if applicable)	Yes
3	Total number of shares covered bythese options	58,900 (Fifty Eight Thousand Nine Hundred Only)equity shares of the Company.
4	Pricing Formula	The said Options are being granted at a Market Priceof INR 2,251.60 (Rupees Two Thousand TwoHundred Fifty-One and Sixty Paisa Only) as on thedate of grant.The market price is determined as the latestavailable closing price on the National StockExchange of India Limited, which is the stockexchange that recorded the highest trading volumein the equity shares of the Company on the tradingday immediately preceding the date on which theGrant ofOptions was approved.
5	Options vested	Options would vest equally over 4 (Four) annualvesting.
6	Time within which option may beexercised	The Vested Options shall be exercised by the OptionGrantees within the maximum exercise period of 5(five) years from the date of Vesting of Options.
7	Brief details of significant terms	The terms of the ESOS 2023, approved by theshareholders, are applicable to the above grant.
8	Options exercised	N.A.
9	Money realized by exercise ofoptions	N.A.
10	The total number of shares arisingas a result of exercise of option	N.A.
11	Options lapsed	N.A.
12	Variation of terms of options	N.A.
13	Subsequentchangesorcancellation or exercise of suchoptions	N.A.
14	Dilutedearningspersharepursuant to issue of equity shareson 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 Email: info@mpslimited.com Corporate Identification Number: L22122TN1970PLC005795