Trident Ltd — Capital/Financing Update 2021

Jul 31, 2021

==> picture [524 x 113] intentionally omitted <==

TRIDENT/CS/2021 July 31, 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 July 31, 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	Par�culars	Details
1	Brief details of Shares offered	Offer of 1,21,02,500 [One Crore Twenty-One Lakhs Two Thousand Five Hundred] Equity Shares to all the permanent active employees (across all cadres) of the Company and its Wholly Owned Subsidiaries, namely Trident Global Corp Limited and Trident Europe Limited as on date.
2	Whether the scheme is in terms of SEBI (SBEB) Regulations, 2014 (if applicable)	Yes
3	Total number of shares covered under the offer.	1,21,02,500 [One Crore Twenty-One Lakhs Two Thousand Five Hundred] Equity Shares of face value Re. 1/- each.
4	Pricing Formula	The shares are being offered to the employees at the Purchase Price of Rs 7.50/- per share, being the Cost of Acquisition from the Secondary market by the Trident Limited Employees Welfare Trust.
5	Options Vested	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.

==> picture [524 x 68] intentionally omitted <==

31/07/2021

TL/2021/012170

==> picture [524 x 113] intentionally omitted <==

7	Options exercised	Not Applicable
8	Money realized by exercise of Options	Not Applicable
9	The total number of Shares arising as 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 and Remuneration Committee of the Company. The offer of Shares is being made to all the permanent active employees (across all cadres) of the Company and its Wholly Owned Subsidiaries, namely Trident Global Corp Limited and Trident Europe Limited as on date. The shares are being offered to the employees at the Purchase Price of Rs 7.50/- per share, being the Cost of Acquisition from the Secondary market by the Trident Limited Employees Welfare Trust. 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.
13	Subsequent changes or cancellation or exercise of such Options	Not Applicable
14	Diluted earnings per share pursuant to the issue of equity shares on exercise of Options.	Not Applicable

Thanking you Yours faithfully For Trident Limited

RAMANDE Digitally signed by RAMANDEEP KAUR EP KAUR Date: 2021.07.31 18:05:29 +05'30' (Ramandeep Kaur) Company Secretary ICSI Membership No.: F9160

==> picture [524 x 68] intentionally omitted <==

31/07/2021

TL/2021/012170