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Under the category of Directors and their relatives (excluding independent directors and nominee directors) in Public Shareholding, 10 shares were held by Mr. Bharat Madan, Whole-time Director and Chief Financial Officer of the Company. He is also a Key Managerial Personnel of the Company. 2. ESOPs Scheme is implemented through a trust i.e. Escorts Employees Benefit and Welfare Trust (as mentioned in Table IV) and the Company has already allotted shares to the trust against the outstanding ESOPs, accordingly, the grants do not result in dilution of paid-up equity share capital of the Company. 3. In Table VI - Although definition covered both repatriable and non-repatriable but we are aligning with NSDL accordingly we are taking only repatriable reporting. 4. In Table VI - Limits utilized has used the shareholding mentioned in National Securities Depository Limited (NSDL) Foreign Investment Limit Monitoring report. NSDL is the Designated Depository of the Company in compliance with SEBI Circular dated April 4, 2018. 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