The following is the summary of grants made during fiscal 2024, 2023 and 2022 under the 2015 Plan and 2019 Plan:


	Fiscal 2024		Fiscal 2023		Fiscal 2022
2015 Plan
RSU - Equity settled
KMPs		494,650		367,479		284,543
Employees other than KMPs		4,644,720		1,784,975		1,305,880
		5,139,370		2,152,454		1,590,423

RSU - Incentive units (cash settled)
KMPs		—		—		—
Other employees		176,990		92,400		49,960
		176,990		92,400		49,960
2019 Plan
Equity settled Performance based RSU
KMPs		139,271		207,893		146,962
Employees other than KMPs		4,048,631		3,706,764		2,703,667
		4,187,902		3,914,657		2,850,629

Total grants		9,504,262		6,159,511		4,491,012

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 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


	For options granted in
	Fiscal 2022- Equity Shares-RSU		Fiscal 2022- ADS- RSU
Weighted average share price (₹) / ($- ADS)		1,791	24.45
Exercise price (₹)/ ($- ADS)		5.00	0.07
Expected volatility (%)	20-35		25-36
Expected life of the option (years)	1-4		1-4
Expected dividends (%)	2-3		2-3
Risk-free interest rate (%)	4-6		1-3
Weighted average fair value as on grant date (₹) / ($- ADS)		1,548	20.82

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

The following table summarizes information about equity settled RSUs and stock options outstanding as of March 31, 2023:


	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)		7,222,038		1.33		0.06		5,408,018		1.49		0.06
5 - 8 (Stock Options)		—		—		—		134,030		1.77		6.44