Trident Ltd — Capital/Financing Update 2022

Jan 8, 2022

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TRIDENT/CS/2022 January 8, 2022

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 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 14,42,803 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:

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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 The date of Offer was November 22, 2021.	Offer of upto 10,000 [Ten Thousand] Equity Shares per Employee The date of Offer was November 22, 2021.
2	Whether the scheme is in terms of SEBI (SBEB) Regulations, 2014 (if applicable)	Yes	Yes
3	Total number of shares covered under the offer	30,000 [Thirty Thousand] Equity Shares of face value Re. 1/- each	10,000 [Ten Thousand] Equity Shares per employee of face value Re. 1/- each
4	Pricing Formula	The shares were offered to the Employees at the Purchase Price of Rs 18.00/- per share.	The shares were 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 offered were to be exercised within 30 days from the Date of the Offer.	The Shares offered were to be exercised within 30 days from the Date of the Offer.

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08/01/2022

TL/2022/019275

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7	Options/ Shares exercised	Out of 30,000 Equity Shares (Offered Shares), 27,500 shares have been exercised by the Employees.	Under this Offer, 14,15,303 shares have been exercised by the Employees.
8	Money realized by exercise of Options/ Shares	Rs. 4,95,000 (27,500 Equity Shares @ Rs 18 Per Equity Share)	Rs. 3,96,28,484 (14,15,303 Equity Shares @ Rs 28 Per Equity Share)
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 was made as a Reward to those Employees who have achieved an extra mile resulting in Value Addition for the Company. The shares were offered to the Employees at the Purchase Price of Rs 18.00/- per share. The offered Shares could be exercised within 30 days from the date of offer. The Offered Shares are subject to lock-in of 1 year from the date of grant/transfer to the Employees. Upon valid exercise, Shares have been transferred to the Employees.	The Scheme is administered by the Nomination and Remuneration Committee of the Company. The offer of Shares was made to all the Employees of the Company as on date. The shares were offered to the Employees at the Purchase Price of Rs 28.00/- per share. The offered Shares could be exercised within 30 days from the date of offer. The Offered Shares are subject to lock-in of 1 year from the date of grant/transfer to the Employees. Upon valid exercise, Shares have been 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

For Trident Limited

RAMANDE Digitally signed by RAMANDEEP KAUR EP KAUR Date: 2022.01.08 17:18:50 +05'30' (Ramandeep Kaur) Company Secretary ICSI Membership No.: F9160

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08/01/2022

TL/2022/019275