Trident Ltd — Capital/Financing Update 2021

Sep 27, 2021

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TRIDENT/CS/2021 September 27, 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 Company has granted 21,51,397 Equity Shares to those employees who have successfully applied 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:

Sl. No	Particulars	Details
1.	Brief details of Shares offered	Offer of 1,21,02,500 [One Crore Twenty-One Lakhs TwoThousand Five Hundred] Equity Shares to all the permanentactive employees (across all cadres) of the Company and itsWholly Owned Subsidiaries, namely Trident Global CorpLimited and Trident Europe Limited as on July 31, 2021.
2.	Whether the scheme is in terms ofSEBI (SBEB) Regulations, 2014 (ifapplicable)	Yes
3.	Total number of shares coveredunder the offer.	1,21,02,500 [One Crore Twenty-One Lakhs Two ThousandFive Hundred] Equity Shares of face value Re. 1/- each.
4.	Pricing Formula	The shares are being offered to the employees at thePurchase Price of Rs 7.50/- per share, being the Cost ofAcquisition from the Secondary market by the TridentLimited Employees Welfare Trust.
5.	Options Vested	Not Applicable
6.	Time within which option may beexercised	The Shares being offered has been exercised within 30 daysfrom the Date of the Offer i.e July 31, 2021
7.	Options/ Shares exercised	Out of 1,21,02,500 Equity Shares (Offered Shares),21,51,397 shares have been exercised by the employees.

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8.	Money realized by exercise ofOptions/ Shares	Rs. 1,61,35,478 (21,51,397 Equity Shares @ Rs 7.5 PerEquity Share)
9.	The total number of Shares arisingas a result of exercise of Option	Not Applicable
10.	Options lapsed	Not Applicable
11.	Variation in terms of Options	Not Applicable
12.	Brief details of significant terms	The Scheme is administered by the Nomination andRemuneration Committee of the Company.The offer of Shares is being made to all the permanentactive employees (across all cadres) of the Company and itsWholly Owned Subsidiaries, namely Trident Global CorpLimited and Trident Europe Limited as on July 31, 2021.The shares are being offered to the employees at thePurchase Price of Rs 7.50/- per share, being the Cost ofAcquisition from the Secondary market by the TridentLimited Employees Welfare Trust.The offered Shares has been exercised within 30 days fromthe Date of the Offer i.e July 31, 2021.The Offered Shares shall be subject to lock-in of 1 yearfrom the date of grant/transfer to the Employees.
13.	Subsequent changes orcancellation or exercise of suchOptions	Not Applicable
14.	Diluted earnings per sharepursuant to the issue of equityshares on exercise of Options.	Not Applicable

Thanking you Yours faithfully For Trident Limited RAMANDEE Digitally signed by RAMANDEEP KAUR P KAUR Date: 2021.09.27 18:36:53 +05'30' (Ramandeep Kaur) Company Secretary ICSI Membership No.: F9160

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27/09/2021

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