Balaji Telefilms Ltd. — Capital/Financing Update 2021

Aug 2, 2021

Shalaji Gelefilms L10.

C-13, Balaji House, Dalia Industrial Estate,Opp. Laxmi Industries New Link Road, Andheri (West), Mumbai - 400 053. Tel.:40698000 + Fax : 40698181 / 82/83 Website : www.balajitelefilms.com CIN No. : L99999MH1994PLC082802

August 02, 2021

To, Phiroze Jeejeebhoy Towers, "Exchange Plaza", Mumbai - 400 001 Mumbai - 400 051 Stock Code: 532382 Stock Code: BALAJITELE

BSE Limited National Stock Exchange of India Ltd. Dalal Street, Bandra-Kurla Complex, Bandra (East),

Sub: Grant of Options under BALAJI TELEFILMS ESOP 2017

Dear Sir/Madam,

With reference to the captioned subject, please note that there was an inadvertent typographical error in our letter dated June 18, 2021 intimating grant of options by Nomination and Remuneration Committee. We had erroneously mentioned the exercise price as Rs. 51.45/- per option/per share. Please note that the correct exercise price is Rs. 50.18/- per option/per share (based upon the NSE last closing market price of June 17, 2021 after deducting 25% discount).

Please find the details of grant of options as mentioned in Annexure A.

Please take the above information on record.

Thanking you,

Yours Faithfully,

For Balaji Telefilms Limited

Group Sanjay Chief Dwivedi Financial Officer

Encl: a/a

ANNEXURE A

		ANNEXURE A
	Sr. No. Particulars	Details
1.		Brief details of Options Granted 3,00,000 (Three Lakhs) options have been granted in terms of BALAJI TELEFILMS ESOP 2017 by the Nomination and Remuneration Committee.
2.	Whether the scheme is in terms Yes of SEBI (SBEB) Regulations, 2014 (if applicable)
3.	number Total covered by these options	of — shares 3,00,000 (Three Lakhs) Equity Shares (Each stock option is convertible into equivalent number of shares of face value of Rs. 2/- each).
	4. Pricing formula	Exercise price of Rs. 50.18/- per option/per share (Based upon the NSE Last Closing Market price of June 17 2021 after deducting 25% discount and as determined by the Members of Nomination and
5.	be exercised	Remuneration Committee). Time within which option may 3 (Three) years from the last vesting date
6.	Options exercised	NIL
7.	Money realized exercise by options number The total	of Not Applicable shares Not Applicable
8.	of arising as a result of exercise of option
9.	Variation of terms of options	NIL
		10. Brief details of significant terms The Options Granted herein shall vest on as per the Schedule given below and in accordance with the Plan:
		Options Sr. Vesting Date % of No. Granted that shall
		Vest 12 months from the 25 (Twenty Five) % 1. Grant Date
		2. 24 months from the 35 (Thirty-Five) % Grant Date
		3. 36 months from the 40 (Forty) % Grant Date
	11. Subsequent changes options	or The Nomination and Remuneration Committee at cancellation or exercise of such its meeting held on June 18, 2021 granted 3,00,000 Group option Khan, Mr. Zulfigar Chief to Operating Officer of the Company, as a part of compensation package.
	12. Diluted earnings per	share Not Applicable. No options have been exercised