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Trident Ltd Capital/Financing Update 2021

Oct 21, 2021

59305_rns_2021-10-21_9f89d440-389e-497d-ade7-ca48246096fd.pdf

Capital/Financing Update

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TRIDENT/CS/2021 October 21, 2021

The Manager The Manager Listing Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C/1, G Block Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Bandra (E) Dalal Street Mumbai – 400 051 Mumbai – 400 001 Scrip Code:- TRIDENT Scrip Code:- 521064

Dear Sir/ Madam,

Sub: Intimation under the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

This is with reference to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Part A of Schedule III of the said Regulations.

In this regard, we wish to inform you that the Nomination and Remuneration Committee of the Company has in its meeting held on October 21, 2021, considered and approved the offer of equity shares of the Company under the “Trident Limited Employee Stock Purchase Scheme – 2020”.

Further, details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular no. CIR/CFD/CMD/4/2015 dated September 9, 2015 are as follows:

Sr. No	Particulars	Details	Details
1	Brief details of Shares offered	Offer of upto 1,34,600 [One Lakh Thirty Four Thousand and Six Hundred] Equity Shares as a Reward to those Employees who have achieved an extra mile resulting in Value Addition for the Company	Offer of upto 10,000 [Ten Thousand] Equity Shares per Employee
2	Whether the scheme is in terms of SEBI (SBEB) Regulations, 2021 (if applicable)	Yes	Yes
3	Total number of shares covered under the offer.	Offer of upto 1,34,600 [One Lakh Thirty Four Thousand and Six Hundred] Equity Shares of face value Re. 1/- each	Offer of upto 10,000 [Ten Thousand] Equity Shares of face value Re. 1/- each per Employee
4	Pricing Formula	The shares are being offered to the employees at the Purchase Price of Rs 12.00/- per share.	The shares are being offered to the employees at the Purchase Price of Rs 21.00/- per share.

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5	Options Vested	Not Applicable	Not Applicable
6	Time within which option may be exercised	The Shares being offered shall be exercised within 30 days from today, i.e. the Date of the Offer.	The Shares being offered shall be exercised within 30 days from today, i.e. the Date of the Offer.
7	Options exercised	Not Applicable	Not Applicable
8	Money realized by exercise of Options	Not Applicable	Not Applicable
9	The total number of Shares arising as a result of exercise of Option	Not Applicable	Not Applicable
10	Options lapsed	Not Applicable	Not Applicable
11	Variation in terms of Options	Not Applicable	Not Applicable
12	Brief details of significant terms	The Scheme is administered by the Nomination and Remuneration Committee of the Company. The offer of Shares is being made as a Reward to those Employees who have achieved an extra mile resulting in Value Addition for the Company. The shares are being offered to the employees at the Purchase Price of Rs 12.00/- per share The offered Shares can be exercised within 30 days from today, i.e the date of offer. The Offered Shares shall be subject to lock-in of 1 year from the date of grant/transfer to the Employees. Upon valid exercise, Shares shall be transferred to the Employees.	The Scheme is administered by the Nomination and Remuneration Committee of the Company. The offer of Shares is being made to all the Employees of the Company as on date. The shares are being offered to the employees at the Purchase Price of Rs 21.00/- per share. The offered Shares can be exercised within 30 days from today, i.e the date of offer. The Offered Shares shall be subject to lock-in of 1 year from the date of grant/transfer to the Employees. Upon valid exercise, Shares shall be transferred to the Employees.

Sr. No	Particulars	Details	Details
13	Subsequent changes or cancellation or exercise of such Options	Not Applicable	Not Applicable
14	Diluted earnings per share pursuant to the issue of equity shares on exercise of Options.	Not Applicable	Not Applicable