TD Power Systems Ltd — Remuneration Information 2019

Aug 16, 2019

TheNomination	andRemuneration	Committeeof theBoardofDirectorsof theCompany	Committeeof theBoardofDirectorsof theCompany
(”Committee”) has approved grant of		5,63,884(	Five Lakh Sixty Three Thousand Eight Hundred and
Eighty Four only)	employee stock options (”ESOPs) and 3,99,216 (Three Lakh Ninety Nine Thousand
and Two Hundred Sixteen only) employee stock appreciation rights (”ESARs”) (collectively referred to
as ”Options” and individually as ”ESOP and ”ESAR” respectively) to the eligible employees of the
Company and/or	its Subsidiary Company(ies) under its TDPSL Equity Based Compensation Plan 2019
(”Plan”). The details of same are given		herein below:
			5,63,884 (Five Lakh Sixty Three ThousandEight
			Hundred and Eighty Four only)ESOPs to the
			eligible employees of the Company and/or its
			Subsidiary Company(ies) as determined by the
Briefdetails ofOptions granted			Committee;
			3,99,216 (Three Lakh Ninety Nine Thousand and
			Two Hundred Sixteen only ESARs to the eligible
			employees ofthe Companyand/or its Subsidiary
			Company(ies) as determined by the Committee.
Whetherthe scheme is in terms of SEBI (Share
Based Employee Benefits) Regulations, 2014(if			Yes
applicable);
TotalnumberOptions;	ofsharescovered	by these	Not more than the number ofOptions granted

	Exercise Price per ESOP is Rs.67.25	Exercise Price per ESOP is Rs.67.25
Pricingformula;	Base Price per ESAR is Rs.	67.25
	Nil
Vested Options;
	The vested Options shall	be exercisable within a
Time within which Options may be exercised;	period of4 (Four) years from the date of vesting
	ofsuch Options.
Options exercised;	Nil
Money realized by exercise of Options;	Nil
Thetotal numberofshares arising as a resultof
exercise ofOption;	Nil
Options lapsed;	Nil
Variation ofterms ofOptions;	NA
	The aforesaid options will vest as follows:
Brief details ofsignificant terms;	On 1Stanniversary	33.33%
	On 2nd anniversary	33.33%
	On 3rd anniversary	33.34%
Subsequentchanges orcancellation orexerciseofsuch Options;	Not Applicable
Diluted earnings per share pursuant to issue of
equity shares on exercise of Options.	Options are yet to be exercised