Wipro Restricted Stock Unit Plan ADS 2000 Stock Option Plan 56,060, ,303, ,181,182 22,424,242 22,424,242

Similar documents
Rs C. Details related to Employee Stock Option Schemes (ESOS) of the Company: Sr. No. Particulars ESOS ESOS- 2013

DISCLOSURE PURSUANT TO REGULATION 14 OF SECURITIES AND EXCHANGE BOARD OF INDIA (SHARE BASED EMPLOYEE BENEFITS) REGULATIONS, 2014 AS ON MARCH 31, 2017:

Annual Report

Annexure to Directors Report for Financial Year Disclosure pursuant to SEBI (Share Based Employee Benefits) Regulations, 2014

Your Company has only one Employee Stock Option Scheme viz. Pre - IPO Employees Stock Option Scheme ( TBZ ESOP, 2011 ).

Annexure II 49,90,000

DISCLOSURES BY BOARD OF DIRECTORS AS PER REGULATION 14 OF SECURITIES AND EXCHANGE BOARD OF INDIA (SHARE BASED EMPLOYEE BENEFITS) REGULATIONS, 2014

Particulars Details (ESOS 2010) Number of options outstanding at the beginning of the period Number of options granted during the year

Disclosure pursuant to SEBI (Share Based Employee Benefits) Regulations, 2014.

Please refer to Note No. 47 of the Annual report Rs.40.53

WELSPUN ENTERPRISES LIMITED

JSW ENERGY LIMITED. In terms of Regulations 14 of the SEBI Regulations, following Disclosures made by the Company as under:

Disclosure pursuant to Regulation 14 of Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014 as on March 31, 2016

2 Method used to account for ESOS - Intrinsic or fair value. Intrinsic value Intrinsic value

JUBILANT LIFE SCIENCES LIMITED (CIN: L24116UP1978PLC004624)

Mindteck (India) Limited

Disclosure in accordance with the provisions of the SEBI (Share Based Employee Benefits) Regulations, 2014

Members may refer to the audited financial statements prepared as per Indian GAAP for the year

Axis Bank Limited. Employee Stock Option Schemes (ESOSs) Disclosure Pursuant to Regulation 14 of SEBI (Share Based Employee Benefits) Regulation, 2014

Axis Bank Limited. Employee Stock Option Schemes (ESOSs) Disclosure Pursuant to Regulation 14 of SEBI (Share Based Employee Benefits) Regulation, 2014

As per requirements specified under the SEBI (Share Based Employee Benefits) Regulations, 2014

Members may refer to the audited financial statements prepared as per IND AS for the year

Disclosures pursuant to SEBI (Share Based Employee Benefits) Regulations, 2014

JSW ENERGY LIMITED. In terms of Regulations 14 of the SEBI Regulations following Disclosures are made by the Company:

Initial Grant (26th July, 2012)

KOTAK MAHINDRA BANK LIMITED. ESOPs / SARs Disclosure (For FY )

Disclosure pursuant to Regulation 14 of SEBI (Share Based Employee Benefits) Regulations, 2014 as on March 31, 2017

Mahindra CIE Automotive Ltd.

Bharat Financial Inclusion Limited (formerly known as SKS Microfinance Limited )

Disclosure pursuant to Regulation 14 of SEBI (Share Based Employee Benefits) Regulations, 2014 as on March 31, 2018

Indiabulls Ventures Limited

Disclosure pursuant to Regulation 14 of SEBI (Share Based Employee Benefits) Regulations, 2014 as on March 31, 2018.

(CIN: L74999DL1995PLC069631)

Directors Report. Financial Highlights

Regulatory Provisions for ESOPs. -CA Jalaj Sinha. Copyright K P Corporate Solutions Ltd.

Consolidated Balance Sheet

A Note on Executive Severance Packages

5. You purchase one IBM September 160 put contract for a premium of $2.62. What is your maximum possible profit? (See Figure 15.1.

(a) Conversion recorded at book value of the bonds:

ESOP. Introduction. Definition. Balkrishna Parab

MINDTREE CONSULTING LIMITED Schedule 15 Significant accounting policies and notes to the accounts For the half year ended September 30, 2007

Chapter 16: Dilutive Securities and Earnings per Share

INCENTIVE PLAN SERIES

FINANCIAL STATEMENTS MAY 31, 2016

HCL TECHNOLOGIES LIMITED

Performance for Quarter & Year ended March 31, 2015

Notice pursuant to Section 110 of the Companies Act, 2013

1. PERFORMANCE OF THE COMPANY The Company s performance is summarized below: (After bonus and Split)

POLARIS CONSULTING & SERVICES LIMITED (FORMERLY KNOWN AS POLARIS FINANCIAL TECHNOLOGY LIMITED) CIN: L65993TN1993PLC024142

STATEMENT OF AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31st MARCH, 2015

Guidelines for remuneration of Board of Directors, Executive Management and employees

Notice of 69 th Annual General Meeting of Shareholders (Scheduled to be held on March 24, 2017)

Registered office: 19-A Dhuleshwar Garden, Ajmer Road, Jaipur , Rajasthan Website:

ESOP Accounting and Disclosure as per ICAI Guidance Note. N S Indumati 3 rd December, 2014

NOTICE. To consider and, if thought fit, to pass with or without modification(s) the following Resolution as a Special Resolution:

Guidelines for remuneration of Board of Directors, Executive Management and employees

Remuneration Policy Matas A/S, CVR no

&canara Bank. m- t<p.,,- pw 'fitlhrt arfu<f;m Hfi};q/i'l'-1 'll"m.f. ,),oh!i i1it, Ref:: MD&CEO:SD: 1819/1820/11/12: :2018

APPROVAL BY THE BOARD OF IAS 33 ISSUED IN DECEMBER 2003 BASIS FOR CONCLUSIONS ILLUSTRATIVE EXAMPLES

NOTICE OF EXTRAORDINARY GENERAL MEETING. NOTICE is hereby given that an EXTRAORDINARY GENERAL MEETING of the members of KPIT TECHNOLOGIES LIMITED th

Commvault Systems, Inc. (In thousands) (Unaudited)

fundamental analysis of Narmada Gelatin FUNDAMENTAL ANALYSIS NARMADA GELATINES

The Remuneration Policy, including the General Guidelines for Incentive Remuneration, of the Board and Management in Bavarian Nordic A/S

FIRST QUARTER REPORT 2010 CONSOLIDATED FINANCIAL STATEMENTS

Reliance Nippon Life Asset Management Limited - Track Record

Article. Employee Stock Options: Understanding the regulatory aspects. Nidhi Bothra Jyoti Srivastava

FAQs Impact of CSRA Separation on Outstanding Equity Awards

Current Assets Financial Assets (i) Cash and Cash Equivalents 4 76,190. Total Current Assets 76,190 TOTAL ASSETS 76,190

Sulliden Mining Capital Inc.

VIRTUAL PIGGY, INC. (Exact Name of Registrant as Specified in Its Charter)

SBI LIFE INSURANCE COMPANY LIMITED. Policy on materiality of Related Party Transactions and on dealing with Related Party Transactions

Definitions The 2 basic types Scope, classification, conditions Equity-settled SBP with employees Cash-settled SBP with employees Other issues

Topic: Accounting for the Rescission of the Exercise of Employee Stock Options

Materials. Please note that the URL is case-sensitive!

Item 11. Exhibit N. Background

(TRANSLATION) Checklist Warrant-RO Right Offering of Warrant and Rights Issue of New Shares reserved for warrants conversion ( Reserved Shares )

WIPRO LIMITED AND SUBSIDIARIES

Item 12. Background. Proposal 12 a) The Long Term Variable compensation plan 2007

Loans and Stocks. GoVentureCEO.com

(1) These rules may be called the Companies (Share Capital and Debentures) Rules, 2014.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION FORM 10-K

TRACK RECORD OF THE PUBLIC ISSUES. HDFC Standard Life Insurance Company Limited. 2. Issue Size (Rs. Cr) INR 8, Cr.

DHANVANTRI J EEVA H REKHA LTD.

MANAGEMENT'S DISCUSSION AND ANALYSIS ( MD&A ) OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS FOR THE NINE MONTHS ENDED AUGUST 31, 2016

KRIZM HOTELS PRIVATE LIMITED (LEMON TREE HOTELS) EMPLOYEES STOCK OPTION PROGRAM (ESOP) 2006

Asset Acceptance Capital Corp.

Option pricing models

CONTENTS. Century Financial Corporation

The manner in which management uses the Non-GAAP financial measure to conduct or evaluate its business:

Quarterly Financial Review

DCB BANK LIMITED Policy on Related Party Transactions Version 4.0

INDEPENDENT AUDITOR S REPORT TO THE BOARD OF DIRECTORS OF HEXAWARE TECHNOLOGIES LIMITED

Fax : (+91 11)

POLICY ON DEALING WITH RELATED PARTY TRANSACTION

PAPER 5 : ADVANCED ACCOUNTING

1. To consider and if thought fit to pass with or without modification(s), the following resolution as an Ordinary Resolution :

Mechanics of Options Markets

Corporate Governance Report

BURSA MALAYSIA BERHAD (30632-P) (Incorporated in Malaysia)

TALKMED GROUP LIMITED (Company Registration No Z) (Incorporated in Singapore)

Transcription:

1 2 3 4 5 6 Date of Shareholder's Approval Total Number of Options Approved Under plan* Vesting Requirements Maximum Term of Options Granted Source of Shares ( Primary, Secondary or Combination) outsting at beginning of period (201516) 2000 2007 Equity, 2013 July 29, July 27,2000 April 26,2000 June 11,2004 July 21,2005 June 11,2004 July 18,2007 May 30,2013 56,060,606 280,303,030 168,181,182 22,424,242 22,424,242 As determined Compensatio n 22,424,242 representing 22,424,242 underlying equity shares 18,686,869 14,829,824 84 Months 84 Months 84 Months 84 Months 84 Months 84 Months 84 Months 84 Months Primary Primary Primary Primary Primary Primary Primary Primary 5,234 2,576,644 6,347,167 7 / RSUs granted year 1,733,450 2,917,100 8 Pricing formula Fair market i.e. market prices defined by Fair market i.e. market prices defined by Securities being not less than 90% of market price on date of grant share share share share share

9 10 11 12 13 14 15 16 17 Vested year d year Number of shares arising as a result of of (as of March 31,2016) Lapsed/Forfeited year* Variation in terms of upto March 31, 2016 Money realized by of year ( ) outsting at end of year (201516) Exercisable at end of year Loan Repaid by Trust year from price received Securities Exchange Board of India Exchange Board of India 2000 7,644 2007 2,044 410,751 1,061,891 3,551 340,876 1,240,674 563,621 338,531 760,456 186,038 704,068 15,288 1,127,242 677,062 1,520,912 1,683 3,747,430 7,272,825 362 256,753 1,205,674 t applicable Equity, 2013 t applicable t applicable t applicable t applicable t applicable t applicable t applicable

18 Wise details of Options granted year: 2000 2007 i. Senior managerial personnel T K Kurien, Executive Vice 75,000 Chairman Abidali Z Neemuchwala, CEO Executive 2,00,000 Director Jatin P Dalal, Chief Financial Officer 50,000 ii. Any or who receives a grant in any one year of option amounting to 5% or more of option granted during that year iii. Identified employees who were granted option, during any one year, equal to or exceeding 1% of issued capital (exceeding outsting warrants conversion) of company at time of grant Equity, 2013

19 Diluted Earnings per share pursuant to issue of shares on of calculated in accordance with Accounting Stard (AS) 20 2000 2007 32.91 32.91 32.91 32.91 32.91 32.91 32.91 20 Method used to account for ESOS Intrinsic or fair 21 Where company opts for expensing of using intrinsic of, difference between employee compensation cost so computed employee compensation cost that shall have been recognized if it had used fair of shall be disclosed. The impact of this difference on profits on EPS of company. t applicable as re were t applicable no during this plan t applicable were intrinsic on date of approx. imates fair of were intrinsic on date of approx. imates fair of were intrinsic on date of approx. imates fair of were intrinsic on date of approx. imates fair of Equity, 2013

22 Weighted average prices weighted average fair s of separately for whose price eir equals or exceeds or is less than market prices of stock. t applicable as re were t applicable 2000 t applicable t applicable as re were no year under this plan Rs. 2/ per option. Fair INR 603.58 as on March 31,2016 Rs. 2/ per option. Fair INR 608.62 as on March 31,2016 2007 Rs. 2/ per option. Fair INR 603.58 as on March 31,2016 Equity, 2013 23 A description of method significant assumptions used year to estimate fair s of, including following information: (a) weightedaverage s of share price, price, expected volatility, expected option life, expected dividends, riskfree interest rate any or inputs to model; (b) method used assumptions made to incorporate effects of expected early ;

2000 2007 Equity, 2013 (c) how expected volatility was determined, including an explanation of extent to which expected volatility was based on historical volatility; (d) wher how any or features of option grant were incorporated into measurement of fair, such as a market condition. t Applicable as re were t Applicable t Applicable t Applicable t Applicable were granted at a intrinsic on date of approx. imates fair of were granted at a intrinsic on date of approx. imates fair of * As per plan /RSU's lapse on termination of. If an Option/RSU expires or becomes unexercisable without having been d in full, such shall become available for future grant under.