Arvind SmartSpaces Limited — Remuneration Information 2018

Aug 24, 2018

LALBHAI GROUP smArTsPACES

24thAugust, 2018

BSE Limited Listing Dept. / Dept. of Corporate Services, Phiroze Jeejeebhoy Towers, Dalai Street, Mumbai - 400 001.

Security Code : 539301 Security ID : ARVSMART Symbol :ARVSMART

National Stock Exchange of India Ltd. Listing Dept.,Exchange Plaza, 5thFloor, Plot No. C/1, G. Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051.

Dear Sirs,

Sub: Intimation under SEBI (LODR) Regulations, 2015 for Grant of Stock Options to Managing Director & CEO of the Company.

In compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we inform you that on 23' August, 2018, the Nomination and Remuneration Committee has considered and approved the Grant of 3,70,000 (Three Lakh Seventy Thousand) stock options to Mr. Kamal Singal, Managing Director & CEO of the Company at a price of Rs. 158.30 (being the closing price one day prior to the Meeting), under Arvind Infrastructure Limited - Employees Stock Option Plan - 2016 (AIL ESOP - 2016). The stock options granted will vest one year after the grant subject to maximum period of five years from the date of grant of such options. Each stock option confers right to receive equal number of equity shares of the Company. The exercise period will commence from the date of vesting of the options and would expire not later than five years from the date of vesting as per the terms of AIL ESOP 2016.

You are requested to take note of the same and bring the same to the notice of all concerned.

Thanking you,

Yours faithfully,

Prast.. Makwana Company Secretary

Arvind SmartSpaces Limited (formerly Arvind Infrastructure Limited) Regd. Office: 24, Govt. Servant's Society, Near Municipal Market, Off C. G. Road, Ahmedabad - 380009, India_ T +91 79 30137000 F +91 79 30137021 W www.arvindsmartspaces.com

ON : L45201GJ2008PLC055771