NIIT Learning Systems Limited — Capital/Financing Update 2024

Jul 1, 2024

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July 1, 2024

The Manager BSE Limited Corporate Relationship Department 1[st] Floor, New Trading Ring, Rotunda Building, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001

The Manager

National Stock Exchange of India Limited Listing Department Exchange Plaza, 5[th] Floor, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051

Subject: Intimation about Grant of Options under NLSL Employee Stock Option Plan 2024

Scrip Code: BSE – 543952; NSE – NIITMTS

Dear Sir/Ma’am,

The Company has granted 26,83,750 stock options (convertible into 26,83,750 Equity shares of the company, upon exercise after vesting of options granted) to eligible employees under Employee Stock Option Plan 2024 of the Company (‘ESOP 2024’), on July 1, 2024. The details of the grants are enclosed herewith as an Annexure .

This is for your information and records.

Thanking you,

Yours truly,

For NIIT Learning Systems Limited

DEEPAK Digitally signed by DEEPAK BANSAL BANSAL Date: 2024.07.01 23:27:08 +05'30' Deepak Bansal Company Secretary & Compliance Officer

Encl.: a/a

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Annexure

		Annexure
**S. No. **	Particulars	Details
i.	Grant No.	NLSL ESOP 2024- I
ii.	Date of the Grant	July 1, 2024
iii.	Number of Options granted	1,020,000
iv.	Exercise Price/ Grant price per option	Rs. 445.15 per option (closing market price of equity shares of the Company atNSEonJune28,2024,havinghighest tradingvolume)
v.	Vesting Terms	Four equal vests at the end of First, Second, Third and Fourth Year from the date of Grant
vi.	Exercise periodfromdate of vest	Five yearsfromthe date ofeach vest
S. No.	Particulars	Details
i.	Grant No.	NLSL ESOP 2024- II
ii.	Date of the Grant	July 1, 2024
iii.	Number of Optionsgranted	738,750
iv.	Exercise Price/ Grant price per option	Rs. 445.15 per option (closing market price of equity shares of the Company at NSE on June 28, 2024, having highest trading volume)
v.	Vesting Terms	Three equal vests at the end of First, Second and Third Year from the date of Grant
vi.	Exercise periodfromdate of vest	Five yearsfromthe date ofeach vest

iv. v. vi.	Exercise Price/ Grant price per option Vesting Terms Exercise periodfromdate of vest	Rs. 445.15 per option (closing market price of equity shares of the Company at NSE on June 28, 2024, having highest trading volume) Three equal vests at the end of First, Second and Third Year from the date of Grant Five yearsfromthe date ofeach vest
S. No.	Particulars	Details
i.	GrantNo.	NLSL ESOP 2024 - III
ii.	Date of the Grant	July 1, 2024
iii.	Number of Optionsgranted	817,500
iv.	Exercise Price/ Grant price per option	Rs. 445.15 per option (closing market price of equity shares of the Company at NSE on June 28, 2024, having highest trading volume)
v.	Vesting Terms	Two equal vests at the end of Second and Third Year from the date of Grant
vi.	Exercise period from date of vest	Five years from the date of each vest
S. No.	Particulars	Details
i.	Grant No.	NLSL ESOP 2024- IV
ii.	Date of the Grant	July 1, 2024
iii.	Number of Optionsgranted	82,500
iv.	Exercise Price/ Grant price per option	Rs. 445.15 per option (closing market price of equity shares of the Company at NSE on June 28, 2024, having highest trading volume)
v.	Vesting Terms	Vest at the end of Second Year from the date of Grant
vi.	Exercise periodfromdate of vest	Five yearsfromthe date ofeach vest
S. No.	Particulars	Details
i.	Grant No.	NLSL ESOP 2024- V
ii.	Date of the Grant	July 1, 2024
iii.	Number of Optionsgranted	20,000
iv.	Exercise Price/ Grant price per option	Rs. 445.15 per option (closing market price of equity shares of the Company at NSE on June 28, 2024, having highest trading volume)
v.	Vesting Terms	Two equal vests at the end of First and Second Year from the date of Grant
vi.	Exercise period from date of vest	Five years from the date of each vest
S. No.	Particulars	Details
i.	Grant No.	NLSL ESOP 2024- VI
ii.	Date of the Grant	July 1, 2024
iii.	Number of Optionsgranted	5,000
iv.	Exercise Price/ Grant price per option	Rs. 445.15 per option (closing market price of equity shares of the Company at NSE on June 28, 2024, having highest trading volume)
v.	Vesting Terms	One vest at the end of First Year from the date of Grant
vi.	Exercise period from date of vest	Five years from the date of each vest