Arohan Financial Services Limited | Annual Report 2022-23

103 | Annual Report | 2022-2023 ANNEXURE- VI Employee Stock Option Plan (ESOP) Particulars Arohan ESOP 2021 (Grant 2022) Arohan ESOP 2021 (Grant 2021) Arohan ESOP 2018 (Grant 2020) Arohan ESOP 2018 (Grant 2019) Arohan ESOP 2018 (Grant 2018) Arohan ESOP Plan 2017 a. Options granted 9,97,942 9,82,867 8,42,858 7,69,528 5,97,264 2,29,280 b. Options vested Nil 3,27,622 5,61,905 7,69,528 5,97,264 2,29,280 c. Options exercised Nil Nil 4,000 21,875 43,254 77,280 d. The total number of shares arising as a result of exercise of options Nil Nil Nil Nil Nil Nil e. Options lapsed 1,22,292 1,96,276 2,32,509 2,03,745 1,41,186 24,000 f. The exercise price INR 153.94 INR 210 INR 170 INR 162.80 INR 130 INR 84.70 g. Variation of terms of options Yes Yes Yes Yes Yes Yes h. Money realized by exercise of options Nil Nil INR 6,80,000 INR 35,61,250 INR 56,23,020 INR 65,45,616 i. Total number of options in force 8,75,650 7,86,591 6,06,349 5,43,908 4,12,824 1,28,000 J. Employee wise details of options granted to: a. Key Managerial Personnel# 3,25,300 2,94,612 2,36,824 2,51,808 2,43,324 50,000 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 Name of the Employee Options Granted Name of the Employee Options Granted Name of the Employee Options Granted Name of the Employee Options Granted Name of the Employee Options Granted Name of the Employee Options Granted Ranjan Das 56,454 Ranjan Das 57,024 Nil Nil Shrish Chandra Panda** 46,530 Shailesh Kumar 44,800 Harshavardan Patnaik 17,280 Shrish Chandra Panda** 49,880 Shraddha Srimal 30,000 Harshavardan Patnaik* 34,560 Anant Jayant Natu* 24,000 Abin Mukhopadhyay 32,400 Abin Mukhopadhyay 24,000 Joji Jacob 36,000 Arvind Murarka 30,000 Joyanta Bakali 30,000 Prashant Rai 30,000 Joyanta Bakali 24,000 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 Nil Nil #Note: Key managerial personnel have been considered as per the Companies Act, 2013 only. * Options lapsed ** Part Options lapsed