Trident Ltd — Share Issue/Capital Change 2022

Nov 13, 2022

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TRIDENT/CS/2022 November 13, 2022

Na�onal Stock Exchange of India Limited

Exchange Plaza, Plot No. C/1, G Block Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Scrip Code: TRIDENT

BSE Limited

Phiroze Jeejeebhoy Towers Dalal Street, Mumbai – 400 001 Scrip Code: 521064 |NCD: 960173

Sub: In�ma�on of offer of equity shares of the Company under the Trident Limited Employee Stock Purchase Scheme – 2020 (‘ESPS’)

Dear Sir / Madam,

This is with reference to Regula�on 30 of SEBI (Lis�ng Obliga�ons and Disclosure Requirements) Regula�ons, 2015 read with Part A of Schedule III of the said Regula�ons. In this regard, we wish to inform you that the Nomina�on and Remunera�on Commi�ee of the Company has in its mee�ng held on November 12, 2022, considered and approved the offer of equity shares of the Company under the “Trident Limited Employee Stock Purchase Scheme – 2020” to the eligible employees of the Company and its Group Companies. Further, details as required under Regula�on 30 of the SEBI (Lis�ng Obliga�ons and Disclosure Requirements) Regula�ons, 2015 and SEBI Circular no. CIR/CFD/CMD/4/2015 dated September 9, 2015 are as follows:

1. Brief details of Shares offered: Offer of upto 93,90,922 [Ninety Three Lakh Ninety Thousand Nine Hundred Twenty Two] Equity Shares as a reward to all eligible employees of the Company and its Group Companies.

2. Whether the scheme is in terms of SEBI (SBEB) Regula�ons, 2021 (if applicable): Yes

3. Total number of shares covered under the offer: Offer of upto 93,90,922 [Ninety Three Lakh Ninety Thousand Nine Hundred Twenty Two] Equity Shares having face value of INR 1/- each

4. Pricing Formula: Under this Scheme, the exercise price of the Shares will be decided by the Commi�ee on the basis of market price. Accordingly, the exercise price was determined at INR 16.50 per Op�on.

5. Op�ons Vested: Not Applicable

6. Time within which op�on may be exercised: The Shares being offered shall be exercised within 30 days from the Date of the Offer i.e. November 12, 2022.

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13/11/2022

TL/2022/027822

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1. Op�ons exercised: Not Applicable

2. Money realized by exercise of Op�ons: Not Applicable

3. The total number of Shares arising as a result of exercise of Op�on: Not Applicable

4. Op�ons lapsed: Not Applicable

5. Varia�on in terms of Op�ons: Not Applicable

6. Brief details of significant terms: The Scheme is administered by the Nomina�on and Remunera�on Commi�ee of the Company. The offer of Shares is being made as a Reward to all eligible employees of the Company and its Group Companies. The shares are being offered to the Employees at the Purchase Price of INR 16.50 per share. The Shares being offered shall be exercised within 30 days from the Date of the Offer i.e. November 12, 2022. 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 respec�ve Employees.

7. Subsequent changes or cancella�on or exercise of such Op�ons: Not Applicable

8. Diluted earnings per share pursuant to the issue of equity shares on exercise of Op�ons: Not Applicable

Thanking you Yours faithfully For Trident Limited

HARI Digitally signed by HARI KRISHAN KRISHAN Date: 2022.11.13 15:02:31 +05'30' [Hari Krishan] Company Secretary

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13/11/2022

TL/2022/027822