CARYSIL LIMITED — Capital/Financing Update 2021

May 20, 2021

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May 20, 2021

To, To, BSE LIMITED National Stock Exchange of India Limited Department of Corporate Services Exchange Plaza, Plot No. C/1 Phiroze Jeejeebhoy Towers, 'G' Block, Bandra – Kurla Complex Dalal Street, Bandra East, Mumbai- 400 001 Mumbai 400 051 Scrip Code: 524091 Trading Symbol: ACRYSIL

Dear Sir/ Madam,

Sub: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015

The Nomination and Remuneration Committee of the Board of Directors, at their meeting held today, has granted 2,25,000 Stock Options to the eligible employees under ‘Acrysil Limited - Employee Stock Option Plan 2021’ at an exercise price of Rs.60/- (Rupees Sixty Only) per share. The said options are convertible into equivalent number of equity shares of Rs.2/- each of the Company, upon exercise.

The vesting period of these options is in a phased manner over a period of 3 (three) years and on vesting, is exercisable within a period of 3 (three) years from the date of vesting.

Kindly take the above on your record.

Thanking you,

Yours faithfully,

For ACRYSIL LIMITED

NEHA Digitally signed by NEHA ANUP ANUP PODDAR Date: 2021.05.20 PODDAR 14:35:34 +05'30'

NEHA PODDAR COMPANY SECRETARY & COMPLIANCE OFFICER

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