AYM Syntex Limited — Capital/Financing Update 2021

Apr 24, 2021

April 24, 2021

To,

BSE Limited	National Stock Exchange of India Limited
Department of Corporate Services,	Exchange Plaza, Bandra-Kurla Complex,Bandra
P. J. Towers, Dalal Street,	(E), Mumbai - 400 051
Mumbai - 400 001	(Symbol: AYMSYNTEX)
(Scrip Code-508933)

Dear Sir / Madam,

Sub: Intimation pursuant to Regulation 30 of SEBI (LODR) 2015 w.r.t grant of options under AYM Employee Stock Option Scheme 2021

In accordance with the provisions of the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the "Listing Regulations"), we hereby inform you that the members of Nomination and Remuneration Committee of the Company at its meeting held today i.e 24th April 2021 has approved the following grant of options under AYM Employee Stock Option Scheme 2021 (AYM ESOS 2021):

The brief general terms of the said grant are as under:

SI. No.	Particulars	Details
1	No. of options granted	Grant of 6,00,000 options to eligible employees. Effective grant
		date being April 24, 2021
$\overline{2}$	Whether the scheme is in	Yes
	(SBEB)terms of SEBI
	2014(ifRegulations,
	applicable)
3	Total number of shares	6,00,000 Equity shares of Rs.10 each (Each Option is convertible
	covered by these options	into one Equity Share of the Company)
4	Exercise price	Rs.10/- Per Equity share determined in accordance with the AYM
		FSOS 2021
5	Options vested	The said options shall be vested as under:
		At the end of 1 st year from the date of grant- 10 % of options
		granted
		At the end of 2 nd year from the date of grant-10 % of options
		granted

AYM SYNTEX LIMITED

Registered Office: Survey No. 374/1/1, Village Saily, Silvassa, U.T. Dadra & Nagar Haveli, 396230, India | Phone +91 260 2640596 / 2641880 / 2640095 | Fax- +91 260 2640597 Corporate Office: 9th Floor, Trade World, B Wing, Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai 400013, India | Phone +91 22 61637000 | Fax +91 22 24937725 www.aymsyntex.com | CIN: L99999DN1983PLC000045 ï $\overline{1}$

	At the end of 3 rd year from the date of grant- 20 % of options
	grantedAt the end of 4 th year from the date of grant-20 % of options
	grantedAt the end of 5 th year from the date of grant-40 % of options
	granted
Exercise Period	Within One Year from the date of last vesting

You are requested to take the above information on record.

Yours faithfully,

AYM Syntex Limited

$\overbrace{ASHITOSH}^{\text{Digitally signed by ASHITOSH}}_{\text{Date: } 2021.04.24,18:48:38,+05'30' }$

Ashitosh Sheth Company secretary & Compliance officer ACS 25997

AYM SYNTEX LIMITED

Registered Office: Survey No. 374/1/1, Village Saily, Silvassa, U.T. Dadra & Nagar Haveli, 396230, India | Phone +91 260 2640596 / 2641880 / 26400595 | Fax- +91 260 2640597 Corporate Office: 9th Floor, Trade World, B Wing, Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai 400013, India | Phone +91 22 61637000 | Fax +91 22 24937725 www.aymsyntex.com | CIN: L99999DN1983PLC000045 $\ddot{\phantom{a}}$