Arshiya Limited — Share Issue/Capital Change 2021

Jun 30, 2021

Re.: - Arshiya Limited (the Company") - NSE Scrip Name: ARSHIYA

	Arshiya
Ref: AL/SE/062021/10	Date: 30" June, 2021
National Stock Exchange of India Limited Exchange Plaza, 5% Floor,	Corporate Relationship Department BSE Limited
Plot No. C/1, G Block,	Phiroze Jeejeebhoy Towers,
Bandra- Kurla Complex, Bandra (East),	24 Floor, Dalal Street, Mumbai - 400 001
Mumbai - 400051. Fax No. 2659 8237 / 38	Fax No. 2272 3121/ 2037
Re.: - Arshiya Limited (the Company") - NSE Scrip Name: ARSHIYA
Dear Sir /Madam,
Committee (NRC) of the Board of Directors at its meeting held today i.e. employees Stock Option Scheme, 2019 (hereinafter referred to as the "Scheme, 2019").	In compliance with aforesaid regulation this is to inform you that the Nomination and Remuneration 30% June, 2021 have approved the grant of 12,00,000 (Twelve Lakhs Only) Employee Stock Options to the some of the eligible employees of Arshiya Limited ('Company') & its Subsidiaries under the Arshiya Limited
Options vested in the eligible employees shall be allotted on payment of the exercise price.	In terms of the above Scheme, 1 (one) Stock Option represents 1 (one) equity share of the Company. The exercise Price shall be Rs. 40/- (Rupees Forty Each) per option. The equity shares against the
The brief terms of said Options so granted are as follows: -
Sr.No Particulars 1. Brief details of options granted;	Details a. The Nomination and Remuneration
	Committee has approved the grant of 12,00,000 stock options to the
	some of the eligible employees of
	the company and its subsidiaries;
	b. Out of 12,00,000 stock options, each year only 4,00,000 equity shares
	shall vest and will be available in April 2022; April 2023 and April
	2024;

Arshiya 2. Whether the scheme is in terms of SEBI Yes Benefits) 3. The total number of shares arising as a Each year only 4,00,000 equity shares Rs. 40/- for each stock option at the time of vesting. The said option shall vest as under: 1(One) year from the Grant Date a) period 100% (one Hundred) to be vested b) will commence from the options may be The exercise of Vesting, and will expire date not later Year from than of vesting date the of 1 options. Kindly take the same on your record and acknowledge.
Company Secretary & Compliance Officer

Arshlya Limited