Xelpmoc Design and Tech Limited — Capital/Financing Update 2021

Mar 15, 2021

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March 15, 2021

Dear Sir/Madam,

Subject: Intimation pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015· for grant of options to Employee(s) under Xelpmoc Design and Tech Limited Employees Stock Option Scheme, 2019 of the Company

This is to inform you that the Nomination and Remuneration Committee of the Company in their meeting held on today i.e. March 15, 2021 has granted 4, 18,012 options to the eligible employees of the Company under Xelpmoc Design and Tech Limited Employee Stock Option Scheme, 2019 of the Company.

The details pertaining to aforesaid grant are as under:

Particulars
	Comments
ofNumberoptionsgranted	2, 12,432 Options	2,05,580 Options
Whether the scheme isin terms of	Yes	Yes
SEBI(SBEB)
Regulations, 2014
Total number of sharescoveredthesebyoptions	2, 12,432 equity shares of facevalue Rs.10/- each	2,05,580 equity shares of facevalue Rs.10/- each
Vesting period ·	2, 12,432OptionsGranted.of grant and options will vest in50:50.	2,05,580OptionsGranted.Vesting will start after one year Vesting will start after one yearof grant and options will vest innext 2 years in the ratio of next 3 years in the ratio of33:33:34.
Exercisepriceoptions	of In Terms ofSecurities andExchange Board of India (ShareBasedEmployeeBenefits)Regulations, 2014 and XelpmocDesignTechandEmployeeStockScheme, 2019 and as per theterms of appointment,Rs.19/- per option	In Terms ofSecurities andExchangeBoardofIndia(ShareBasedEmployeeBenefits)Regulations,2014Limitedand Xelpmoc Design and TechOptionLimited Employee Stock OptionScheme, 2019 and as per theoptionsterms of appointment, optionsare granted at Exercise Price of are granted at Exercise Price ofRs.10/- per option
Exercise period	Exercise period will be up to7 years from the respectivedate of vesting	Exercise period will be up to 7 yearsfrom the respective date of vesting

Please take the same on record.

Thanking you,

Yours faithfully,