Subex has informed that pursuant to the provisions of the Employee Stock Option Plan of the Company-ESOP 2018 and the applicable provisions of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, the option grantee has exercised 10,000 options at an exercise price of Rs 6 each, equivalent to 10,000 Equity shares of face value of Rs 5 each, ('Equity shares') of the Company.
The above information is a part of company’s filings submitted to BSE.