June 2, 2022

The Secretary

The Secretary

BSE Limited

National Stock Exchange of India Limited

Phiroze Jeejeebhoy Towers

Exchange Plaza, 5th Floor, Plot no. C/l

Dalal Street, Mumbai- 400 001

G Block, Bandra-Kurla Complex

Fax: 022-2272 2037/2039/2041/3121

Bandra (E), Mumbai - 400 051

BSE Scrip Code: 532348

Fax: 022-2659 8237/38; 2659 8347/48

NSE Symbol: SUBEXLTD

Dear Sir/Madam,

Sub: Subex Limited "The Company"-Exercise of Employee Stock Options (ESOPs)

Please note 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 212,500 options at an exercise price of Rs. 6/- each, equivalent to 212,500 Equity shares of face value of Rs. 5/- each, ("Equity shares") of the Company.

Pursuant to the exercise, the Subex Employee Welfare and ESOP Benefit Trust will transfer the said Equity shares to the concerned option grantee in due course.

Kindly take the same on record.

Thanking you

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Subex Limited published this content on 02 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 June 2022 06:01:02 UTC.