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Tata Technologies Limited — Capital/Financing Update 2025
May 23, 2025
60382_rns_2025-05-23_61edd1de-86dd-4e3d-9eed-b317c9c9e9fc.pdf
Capital/Financing Update
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Ref. No.: TTL/COSEC/SE/2025-26/19
May 23, 2025
BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001, India. Scrip Code: 544028
National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051, India. Trading symbol: TATATECH
Dear Sir / Madam,
Subject: Grant of Stock Options under “Tata Technologies Limited Share based Long Term Incentive Scheme 2022”
Pursuant to authority granted by the Shareholders through Postal Ballot dated March 15, 2024, we wish to inform you that the Nomination and Remuneration Committee of the Company, at its meeting held today, approved the grant of 3,56,374 (Three Lacs Fifty Six Thousand Three Hundred Seventy Four) Employee Stock Option to the eligible employees in terms of ‘Tata Technologies Limited Share Based Long Term Incentive Scheme 2022’ under SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
This disclosure is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 November 11, 2024.
The details of the aforesaid grant are provided in the Annexure .
This will also be posted on the company’s website at www.tatatechnologies.com.
This is for your information and records.
For Tata Technologies Limited
VIKRANT Digitally signed by VIKRANT CHANDRASHEKHAR CHANDRASHEKH GANDHE AR GANDHE Date: 2025.05.23 19:47:10 +05'30'
Vikrant Gandhe
Company Secretary and Compliance Officer
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Tata Technologies Limited Plot No 25, Rajiv Gandhi Infotech Park | Hinjawadi, Pune 411057 | India Tel: +91 20 6652 9090 | Fax: +91 20 6652 9035 CIN L72200PN1994PLC013313 Email: [email protected] Website: www.tatatechnologies.com
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Annexure
| Sr.No. | Particulars | Disclosures |
|---|---|---|
| a | Brief details of options granted | 3,56,374 Class A Stock Options i.e. “PerformanceStock Options” were granted to the eligibleemployees of the Company and/or its Subsidiariesby the Nomination and Remuneration Committee(NRC) under Tata Technologies Limited Share BasedLong Term Incentive Scheme 2022 (“TTL SLTIScheme 2022”) |
| b | Whether the scheme is in terms ofSEBI (SBEB) Regulations, 2021 (ifapplicable) | Yes |
| c | Total number of shares covered bythese options | 3,56,374 Performance Stock Options exercisableinto 3,56,374 equity shares of face value of₹2(Rupees Two Only) each fully paid-up.The number of Performance Stock Options grantedto Eligible Employees is determined based onEligible compensation each grant year divided byFair Market Value (FMV) each year being the closingMarket Price of the Shares on the National StockExchange (NSE) on May 22, 2025, one trading dayprior to the date of approval by NRC today i.e. May23, 2025 for approval of grants in FY 2025-26, asmentioned in the TTL SLTI Scheme 2022. |
| d | Pricing formula | The Exercise Price shall be₹2 (Rupees Two Only)per Performance Stock Options, i.e. at the face valueof the underlyingEquityShares of the Company. |
| e | Options vested | Not applicable |
| f | Time within which option may beexercised | 1 year from the Vesting date |
| g | Options exercised | NA |
| h | Moneyrealized byexercise of options | NA |
| i | The total number of shares arising asa result of exercise of option | NA |
| j | Options lapsed | NA |
| k | Variation of terms of options | NA |
| l | Brief details of significant terms | The aforesaid Performance Stock Options shall vestafter 3(Three) years from the Grant Date |
| m | Subsequent changes or cancellationor exercise of such options | NA |
| n | Diluted earnings per share pursuantto issue of equity shares on exerciseof options | Not applicable at this stage |
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Tata Technologies Limited Plot No 25, Rajiv Gandhi Infotech Park | Hinjawadi, Pune 411057 | India Tel: +91 20 6652 9090 | Fax: +91 20 6652 9035 CIN L72200PN1994PLC013313 Email: [email protected] Website: www.tatatechnologies.com