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Annual Report 2016-17
Annexure C to the Report of the Directors
Details of the options granted under various employee stock option schemes as on March 31, 2017:
ESOP I
Particulars
Details
Options granted
4,560,500
Pricing formula
Grant price of Options is Book Value
of the Equity Share as per the latest
audited Balance Sheet at the time of
grant
Total options vested
3,214,785
Options e[ercised from vested options
3,208,202
Total number of Equity Shares arising as a result of full e[ercise of options granted
4,560,500
Options forfeited / lapsed / cancelled
1,345,715
Variations in terms of options
NI/
Money realised by e[ercise of options (purchase of Equity Shares)
34,188,984
Options outstanding (in force)
6,583
Person wise details of options granted to
i. Directors
NI/
ii. Key Managerial Personnel
#
iii. Any other employee who received a grant in any one year of options amounting
to 5% or more of the options granted during that year
As per details given below
iv. Identioed employees who are granted options, during any one year equal
to e[ceeding 1% of the issued capital (e[cluding outstanding warrants and
conversions) of the Company at the time of grant
NI/
Diluted EPS pursuant to issue of shares on e[ercise of options calculated in accordance
with Ind AS 33
`
36.75
Details of Options granted to employee who received a grant in any one year of options amounting to 5% or more of
the options granted during the year
Name and year of grant
Number of Options
granted
Number of Options
exercised
Number of Options
outstanding
Mr. Ajay Dubey (2003-04)
14,000
NI/
NI/ (Resigned)
Mr. Prashant Raje (2003-04)
7,000
7,000
NI/ (Resigned)
Mr. Shashank Bhatt (2003-04)
4,374
4,374
NI/
Mr. Vinayak Gadkari (2003-04)
4,374
4,374
NI/ (Resigned)
ESOA II
Particulars
Details
Options granted
753,200
Pricing formula
Grant price of Options is Book
Value of the Equity Share as per
the latest audited Balance Sheet at
the time of grant
Total options vested
477,085
Options e[ercised from vested options
472,482
Total number of Equity Shares arising as a result of full e[ercise of options
granted
753,200