The following is the summary of grants made during fiscal 2025, 2024 and 2023 under the 2015 Plan and 2019 Plan:


	Fiscal 2025		Fiscal 2024		Fiscal 2023
2015 Plan
RSU - Equity settled
KMPs		380,842		494,650		367,479
Employees other than KMPs		1,874,690		4,644,720		1,784,975
		2,255,532		5,139,370		2,152,454

RSU - Incentive units (cash settled)
KMPs		—		—		—
Other employees		94,050		176,990		92,400
		94,050		176,990		92,400
2019 Plan
Equity settled Performance based RSU
KMPs		117,699		139,271		207,893
Employees other than KMPs		3,626,646		4,048,631		3,706,764
		3,744,345		4,187,902		3,914,657

Total grants		6,093,927		9,504,262		6,159,511

Refer to Note 2.20 for details on appointment and resignation of KMPs

The fair value of each equity settled award is estimated on the date of grant using the following assumptions:


	For options granted in
	Fiscal 2025- Equity Shares-RSU		Fiscal 2025- ADS- RSU
Weighted average share price (₹) / ($- ADS)		1,808		21.44
Exercise price (₹)/ ($- ADS)		5.00		0.07
Expected volatility (%)	21-26		23-28
Expected life of the option (years)	1-4		1-4
Expected dividends (%)	2-3		2-3
Risk-free interest rate (%)	7		4-5
Weighted average fair value as on grant date (₹) / ($- ADS)		1,555		18.20


	For options granted in
	Fiscal 2024- Equity Shares-RSU		Fiscal 2024- ADS- RSU
Weighted average share price (₹) / ($- ADS)		1,588		19.19
Exercise price (₹)/ ($- ADS)		5.00		0.07
Expected volatility (%)	23-31		25-33
Expected life of the option (years)	1-4		1-4
Expected dividends (%)	2-3		2-3
Risk-free interest rate (%)	7		4-5
Weighted average fair value as on grant date (₹) / ($- ADS)		1,317		16.27


	For options granted in
	Fiscal 2023- Equity Shares-RSU		Fiscal 2023- ADS- RSU
Weighted average share price (₹) / ($- ADS)		1,525	18.08
Exercise price (₹)/ ($- ADS)		5.00	0.07
Expected volatility (%)	23-32		27-34
Expected life of the option (years)	1-4		1-4
Expected dividends (%)	2-3		2-3
Risk-free interest rate (%)	5-7		2-5
Weighted average fair value as on grant date (₹) / ($- ADS)		1,210	13.69

The following table summarizes information about equity settled RSUs and stock options outstanding as of March 31, 2025:


	2019 Plan - Options outstanding			2015 Plan - Options outstanding
Range of exercise prices per share ($)	No. of shares arising out of options	Weighted average remaining contractual life	Weighted average exercise price ($)	No. of shares arising out of options	Weighted average remaining contractual life	Weighted average exercise price ($)
American Depositary Share (ADS) and Indian Equity Shares (IES)
0 - 0.06 (RSUs)	8,072,635	1.23	0.06	7,259,464	1.51	0.06
5 - 8 (Stock Options)	—	—	—	17,554	0.58	5.83

The following table summarizes information about equity settled RSUs and stock options outstanding as of March 31, 2024:


	2019 Plan - Options outstanding						2015 Plan - Options outstanding
Range of exercise prices per share ($)	No. of shares arising out of options		Weighted average remaining contractual life		Weighted average exercise price ($)		No. of shares arising out of options		Weighted average remaining contractual life		Weighted average exercise price ($)
American Depositary Share (ADS) and Indian Equity Shares (IES)
0 - 0.06 (RSUs)		8,023,855		1.42		0.06		8,076,058		1.77		0.06
5 - 8 (Stock Options)		—		—		—		82,050		1.10		6.61