Committee Meeting Updates

15th September, 2026 The Manager, Listing Department The National Stock Exchange of India Limited Exchange Plaza, Plot No. C-1, Block-G, Bandra Kurla Complex, Bandra (East), Mumbai - 400051. Dear Sir/Madam, Sub: Grant/Re-grant of Employee Stock Options and allotment of Equity Shares pursuant to exercise of Employee Stock Options under the “Spacenet Employee Stock Option Scheme 2021” Ref. Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 Reg: Spacenet Enterprises India Limited (“Company”) - Symbol: SPCENET We wish to inform you that the Nomination and Remuneration Committee (“NRC” / “Compensation Committee”) of the Board of Directors of the Company, at its Meeting held on Tuesday, 15th September, 2026, inter alia, approved the following: (a) Grant/Re-grant of Employee Stock Options: Re-grant of 6,02,500 (Six Lakh Two Thousand Five Hundred only) Employee Stock Options, convertible into an equal number of Equity Shares of face value of Re. 1/- each, at an exercise price of Re. 1/- per Option, to eligible employees under the Spacenet Employee Stock Option Scheme 2021, out of the Options which had lapsed and/or been forfeited and had returned to the Scheme pool. The prescribed disclosure is enclosed as Annexure-1. (b) Allotment of Equity Shares pursuant to exercise of vested Options: Allotment of 6,04,500 (Six Lakh Four Thousand Five Hundred only) fully paid-up Equity Shares of face value of Re. 1/- each at an exercise price of Re. 1/- per Equity Share to eligible employees who validly exercised their vested Employee Stock Options under the Spacenet Employee Stock Option Scheme 2021. The disclosure prescribed under Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 is enclosed as Annexure- The NRC Meeting commenced at 11:00 A.M. (IST) and concluded at 11:40 P.M. (IST). We request you to kindly take the above disclosure on record. Thanking you, For Spacenet Enterprises India Limited Monish Jaiswal Company Secretary & Compliance Officer Place: Hyderabad :: SPACENET ENTERPRISES INDIA LIMITED:: (CIN: L68100TG2010PLC068624) Regd. Off. Address: Plot No.114, Survey No.66/2, Street No.03, Raidurgam, Prasanth Hills, Gachibowli, Nav Khalsa , Serilingampally , Ranga Reddy, Hyderabad-500008, Telangana, India. Tel: 040-23405680, Email: cs@spacenetent.com, info@spacenetent.com, www.spacenetent.com ANNEXURE-1 DISCLOSURE RELATING TO GRANT/RE-GRANT OF EMPLOYEE STOCK OPTIONS Details required under Regulation 30 of the SEBI Listing Regulations read with the applicable SEBI disclosure circulars: S. Particulars Details 1. Brief details of Options 6,02,500 Employee Stock Options re-granted at an exercise price of Re. 1/- per granted/re-granted Option to four eligible employees under the Spacenet Employee Stock Option Scheme 2021. Each Option is convertible into one fully paid-up Equity Share of face value of Re. 1/- each. 2. Whether the Scheme is in Yes. terms of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 3. Total number of shares 6,02,500 Equity Shares of face value of Re. 1/- each. covered by these Options 4. Pricing formula / Exercise Exercise Price: Re. 1/- per Option, being not less than the face value and in Price accordance with the Scheme and applicable law. 5. Time within which Options Within six months from the respective date of vesting, in accordance with the may be exercised Scheme. 6. Brief details of significant • Acceptance of the Grant: on or before the “Closing Date” which shall not be terms more than 60 days from the date of the Grant. • Minimum Vesting Period: 1 (one) Year From the date of Grants. :: SPACENET ENTERPRISES INDIA LIMITED:: (CIN: L72200TG2010PLC068624) Regd. Off. Address: Plot No.114, Survey No.66/2, Street No.03, Raidurgam, Prasanth Hills, Gachibowli, Nav Khalsa , Serilingampally , Ranga Reddy, Hyderabad- 500008, Telangana, India. Tel: 040 48578444, Email: cs@spacenetent.com, info@spacenetent.com, http://spacenetent.com/ • Options granted under SPACENET Employee Stock Option Scheme 2021 shall vest over a period of 04 (Four) years in the Following Manner: Vesting Period Vesting proportion End of one year from the date of grant 60% of options granted End of two years from the date of grant 15% of options granted End of three years from the date of grant 15% of options granted End of four years from the date of grant 10% of options granted • No amount shall be payable at the time of grant of options. • Each of the Employee Stock Option entitles the holder to apply for One Equity Share of the Company of face value of Re.1/- each. • Each Option shall carry the right of One Equity Share of Re 1/- each of the Company to be issued. :: SPACENET ENTERPRISES INDIA LIMITED:: (CIN: L68100TG2010PLC068624) Regd. Off. Address: Plot No.114, Survey No.66/2, Street No.03, Raidurgam, Prasanth Hills, Gachibowli, Nav Khalsa , Serilingampally , Ranga Reddy, Hyderabad-500008, Telangana, India. Tel: 040-23405680, Email: cs@spacenetent.com, info@spacenetent.com, www.spacenetent.com S. Particulars Details • The Shares arising out of Exercise of Vested Options shall not be Locked-in 7. Options lapsed / forfeited 37,500 Options had lapsed and 5,65,000 Options had been forfeited, and re-pooled aggregating to 6,02,500 Options. These Options returned to the Scheme pool and have been re-granted; the re-grant does not increase the overall Scheme ceiling. 8. Subsequent changes, Not Applicable at the time of grant/re-grant. cancellation or exercise of such Options 9. Options vested Not Applicable at the time of grant/re-grant. 10. Options exercised Not Applicable at the time of grant/re-grant. 11. Money realised by Not Applicable at the time of grant/re-grant. exercise of Options 12. Total number of shares Not Applicable at the time of grant/re-grant. arising as a result of exercise of Options 13. Variation of terms of Not Applicable. Options 14. Diluted earnings per share Not Applicable at the time of grant/re-grant. pursuant to issue of Equity Shares on exercise of Options :: SPACENET ENTERPRISES INDIA LIMITED:: (CIN: L68100TG2010PLC068624) Regd. Off. Address: Plot No.114, Survey No.66/2, Street No.03, Raidurgam, Prasanth Hills, Gachibowli, Nav Khalsa , Serilingampally , Ranga Reddy, Hyderabad-500008, Telangana, India. Tel: 040-23405680, Email: cs@spacenetent.com, info@spacenetent.com, www.spacenetent.com ANNEXURE-2 DISCLOSURE UNDER REGULATION 10(c) OF THE SEBI (SHARE BASED EMPLOYEE BENEFITS AND SWEAT EQUITY) REGULATIONS, 2021 1) Company name and address of Registered SPACENET ENTERPRISES INDIA LIMITED Office [CIN: L68100TG2010PLC068624] Registered Office: Plot No.114, Survey No.66/2, Raidurgam, Prasanth Hills, Gachibowli, Nav Khalsa, Serilingampally, Ranga Reddy, Hyderabad-500008, Telangana, India 2) Name of the recognised Stock Exchange on National Stock Exchange of India Limited (NSE) which the Company’s shares are listed 3) Filing date of the statement referred to in Statement filed on 28th December, 2021. NSE granted in- Regulation 10(b) and in-principle approval principle approval vide Ref. NSE/LIST/29589 dated 28th January, 2022 for up to 1,00,00,000 Equity Shares under the Spacenet Employee Stock Option Scheme 2021. 4) Filing number, if any Not Applicable 5) Title of the Scheme pursuant to which shares Spacenet Employee Stock Option Scheme 2021 are issued 6) Kind of security to be listed Equity Shares 7) Par value of the shares Re. 1/- per Equity Share 8) Date of issue/allotment of shares 15-09-2026 9) Number of shares issued 6,04,500 (Six Lakh Four Thousand Five Hundred only) Equity Shares 10) Share Certificate No., if applicable Not Applicable - shares are being credited in dematerialised form 11) Distinctive numbers of the shares 56,77,35,737 to 56,83,40,236 12) ISIN INE970N01027 13) Exercise price per share Re. 1/- per [Showing first 8,000 characters — download PDF for full document]