Aurum PropTech Limited — Capital/Financing Update 2020

Sep 11, 2020

Majesco Limited Regd. Off.: MNDC, MBP-P-136, Mahape, Navi Mumbai – 400 710, India +91-22-61501800 +91-22-27781320 www.majesco.com

Date: September 11, 2020

Listing Department BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort Mumbai – 400 001

BSE Script Code: 539289

Listing Department

National Stock Exchange of India Limited Bandra Kurla Complex Bandra East Mumbai – 400 051

NSE Symbol: MAJESCO

Dear Sir/ Madam,

Sub: Acceleration of vesting of eligible unvested Stock Options under the Employee Stock Option Scheme of Majesco Limited Plan I

We hereby inform you that the Nomination and Remuneration Committee of the Board of Directors of the Company at its meeting held today i.e. September 11, 2020, has accelerated the vesting period of all the eligible unvested stock options under the Company's Employee Stock Option Scheme, in accordance with the terms of the Employee Stock Option Scheme of Majesco Limited Plan I, as amended and SEBI (Share Based Employee Benefits) Regulations, 2014.

You are requested to take the same on record.

Thanking you.

Yours faithfully,

For Majesco Limited

Digitally signed VARIKA by VARIKA RASTOGI RASTOGI Date: 2020.09.11 16:49:55 +05'30'

Varika Rastogi Company Secretary

==> picture [109 x 27] intentionally omitted <==

CIN: L72300MH2013PLC244874