Trident Ltd — Capital/Financing Update 2021

Nov 22, 2021

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	TRIDENT/CS/2021 November 22,2021
The Manager Listing Department National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block Bandra Kurla Complex, Bandra (E), Mumbai – 400 051	The Manager Listing Department BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, 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 today, i.e. November 22, 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:

Sl. No.	Particulars	Details	Details
1.	Brief details of Shares offered	Offer of upto 30,000 [Thirty Thousand] 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 30,000 [Thirty Thousand] 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 18.00/- per share.	The shares are being offered to the Employees at the Purchase Price of Rs 28.00/- per share.
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

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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 18.00/- 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 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 28.00/- 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 transfer to the Employees. Upon valid exercise, Shares shall be transferred to the Employees.
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

Thanking you Yours faithfully For Trident Limited RAMAND Digitally signed by RAMANDEEP KAUR EEP KAUR Date: 2021.11.22 18:35:15 +05'30' (Ramandeep Kaur) Company Secretary ICSI Membership No.: F9160

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22/11/2021

TL/2021/016788