Arohan Annual Report FY 20-21

The details of the Employee Stock Option Scheme as per Rule 12(9) of the Companies (Share Capital and Debentures) Rules, 2014 are as follows: Particulars Arohan ESOP 2021 Arohan ESOP 2018 (Grant 2020) Arohan ESOP 2018 (Grant 2019) Arohan ESOP 2018 (Grant 2018) a. Options granted 10,00,000 8,42,858 7,69,528 5,97,264 b. Options vested Nil 8,42,858 7,69,528 5,97,264 c. Options exercised Nil Nil Nil Nil d. The total number of shares arising as a result of exercise of options Nil Nil Nil Nil e. Options lapsed Nil Nil 35,250 54,000 f. The exercise price INR 210.00 INR 170.00 INR 162.80 INR 130.00 g. Variation of terms of options No No No No h. Money realized by exercise of options Nil Nil Nil Nil i. Total number of options in force Nil 8,42,858 7,34,278 5,43,264 j. Employee wise details of options granted to: a) Key Managerial Personnel* Nil 2,36,824 2,51,808 2,43,324 b) any other employee who receives a grant of options in any one year of option amounting to five percent or more of options granted during that year; and Nil Nil Name of Employee Options granted Name of Employee Options granted Shirish Chandra Panda 46,530 Shailesh Kumar 44,800 Shirish Chandra Panda 49,800 Harshavar- dan Patnaik 34,560 Abin Mukhopad- hyaya 32,400 Joji Jacob 36,000 Joyanta Bakali 30,000 c) identified employees who were granted option, during any one year, equal to or exceeding one percent of the issued capital (excluding outstanding warrants and conversions) of the company at the time of grant; Nil Nil Nil Nil *Note: key managerial personnel have been considered as per the Companies Act, 2013 only. No employee was granted options/ shares, during the year, equal to or exceeding 1% of the issued capital. Board of Director’s Report 89