News Announcement

Subex: Updates

July 20, 2017

To
The National Stock Exchange of India Limited
BSE Limited
Mumbai, India

Dear Sir/Madam,

Sub: Cancellation of Employee Stock Options (ESOPs)

Please be informed that the ESOPs Committee/Compensation Committee of the Board of Directors of the Company today has cancelled 3,466 ESOPs for the quarter of April-June 2017 in accordance with the terms and conditions under the Employee Stock Option Plans of the Company- ESOP 2005, ESOP 2008 and the Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014

We request you to take the aforesaid notification on record.

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