Centrum Capital Limited — Capital/Financing Update 2018

Dec 10, 2018

C-NTRUM

December 10, 2018

To,	To,
National Stock Exchange of India Limited	BSE Limited
Exchange Plaza,	Corporate Relations Department,
Plot No. C/1, G Block,	1st Floor, New Trading Ring,
Bandra - Kurla Complex, Bandra (East),	P. J. Towers, Dalal Street,
Mumbai - 400 051.	Mumbai - 400 001.

Sub: Grant of Stock Options under Employee Stock Option Scheme 2018 Ref: Scrip Code - 501150 and NSE Scrip Code: - CENTRUM

Dear Sir/Madam,

We wish to inform you that the Nomination and Remuneration Committee of the Board of Directors of the Company has, vide Circular Resolutions passed by its Members on December 08, 2018, approved the grant of 5,00,000 (Five Lacs) Stock Options to eligible employees under the Employee Stock Option Scheme 2018 ("ESOP 2018"/ "PLAN").

The above grants are subject to the provisions of ESOP 2018 of the Company. In terms of the above grant:

• i) each Stock Option is convertible into one equity share (face value of Rs. 1/- each) of the Company upon vesting, at an exercise price which shall be determine by the Board/Committee/Trust at the time of vesting of option;

• ii) all Stock Options shall vest after one year of the date of the grant in the manner given herein below:

a) At the end of Year 1 from the Grant Date: 20 (Twenty)% of total options granted. b) At the end of Year 2 from the Grant date : 20 (Twenty)% of total options granted. c) At the end of Vear 3 from the Grant date: 20 (Twenty)% of total options granted. d) At the end of Year 4 from the Grant date: 20 (Twenty)% of total options granted. e) At the end of Year 5 from the Grant date: 20 (Twenty)% of total options granted.

iii) Stock Options shall be exercisable within a period of five years from the each Grant date.

Please take the above on record and acknowledge receipt of the same.

Thanking You,

Yours Faithfully,

Alpesh Shah Company Secretary

Centrum Capital Limited(CIN No.:L65990MH1977PLC019986)

Website: www.centrum.co.in Reg,nered Office: 2nd Floor, Bombay Mutual Building, Dr. D. N. Road, Fort, Mumbai -400 001. Tel: +9122 2266 2434 E ·1: · f @ Cor�orate Office : Centrum House, CST Road, Vidyanagari Marg, Kalina, Santacruz (East), Mumbai _ 400 098_ Tel . +91 22 4215 9000 ma, • in o centrum.co.,n