Aurum PropTech Limited — Share Issue/Capital Change 2019

Dec 12, 2019

Date: December 12, 2019

Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street, Fort Bandra East Mumbai-400 001. Mumbai – 400 051. BSE Script Code: 539289 NSE Symbol: MAJESCO

Dear Sir/Madam,

Sub: Grant of Employee Stock Options

Kindly note that Nomination and Remuneration Committee of the Board of Directors of the Company, at its meeting held today i.e. December 12, 2019, granted 54,000 options to the eligible employees of the Company. The options were granted at face value of Rs. 5/- per option. On exercise of the option, one equity share of face value of Rs. 5/- each will be allotted per option. Options shall vest at the rate of 33.33% at the end of each year from the date of grant. First option shall vest only after a period of twelve months from the date of grant. Vested options can be exercised within a period of seven years from the date of vesting.

You are requested to take the same on record.

Thanking you.

Yours faithfully, For Majesco Limited

Digitally signed by VARIKA RASTOGI DN: c=IN, o=Personal, postalCode=400705, st=Maharashtra, VARIKA 2.5.4.20=59b6357da87a74c088cd1fbce5fc be59a211a8c869a0bf71ed3694c206643a9 3, serialNumber=a9dfde58ff2746b54e338d2 7a95b35bc5fb567b393673c246f41d6ce2d RASTOGI 3bcb62, cn=VARIKA RASTOGI Date: 2019.12.12 18:47:07 +05'30' Varika Rastogi Company Secretary

==> picture [110 x 27] intentionally omitted <==

CIN: L72300MH2013PLC244874