CRISIL Ltd. — Share Issue/Capital Change 2021

Sep 21, 2021

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September 21, 2021

Listing Department BSE Limited P J Towers Dalal Street Mumbai 400 001

National Stock Exchange of India Ltd. Exchange Plaza, 5[th] floor Plot No. C/1, G Block Bandra-Kurla Complex Bandra (East) Mumbai 400 051

Dear Sirs

Sub: Allotment of shares under Employees Stock Option Schemes of the Company

This is to inform you that the Board of Directors of the Company has approved allotment of equity shares of CRISIL Limited of face value of Re. 1/- each to the employees of the Company as under:

• 27,077 (Twenty seven thousand and seventy seven only) equity shares pursuant to their exercising the stock options granted to them under the Employees Stock Option Scheme – 2014 (ESOS – 2014);

The details of the shares allotted pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 under ESOS – 2014 are given in Annexure A and Annexure B, respectively.

We request you to kindly take the same on record.

Yours faithfully, For CRISIL Limited

MINAL AMIT Digitally signed by MINAL AMIT BHOSALE BHOSALE Date: 2021.09.21 17:47:01 +05'30'

Minal Bhosale Company Secretary ACS 12999

Encl.: a/a

CRISIL Limited

Corporate Identity Number: L67120MH1987PLC042363

Registered Office: CRISIL House, Central Avenue, Hiranandani Business Park, Powai, Mumbai - 400076. Phone: +91 22 3342 3000 | Fax: +91 22 3342 3001 www.crisil.com

Annexure A

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Disclosures pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015

Sr.No.	Disclosures	Particulars - ESOS 2014
A.	brief details of options granted	The present instance is allotment of shares uponexercise of 27,077 options under ESOS – 2014.
B.	whether the scheme is in terms of SEBI(Share Based Employee Benefits and SweatEquity)Regulations,2021(if applicable)	Yes
C.	total number of shares covered by theseoptions	3,600,000 Equity Shares are covered under thisscheme.The present disclosure is in respect of allotment of27,077 shares made on September 21, 2021.
D.	pricing formula	(a) latest available closing price, prior to the dateof the meeting of the Board of Directors/Nomination and Remuneration Committee, inwhich the options are granted, on the stockexchange on which the shares of the Companyare listed. As the shares are listed on more thanone stock exchange, then the stock exchangewhere there is highest trading volume on thesaid date shall be considered.or(b) face value of shares.
E.	options vested	Options granted would vest not less than one yearand not more than five years from the date of grantof such options.Under the scheme 20,48,086 options have vested.
F.	time within which option may be exercised	The Employee Stock Options granted can beexercised with in a period of two years from thedate of vesting or such lesser period as may bedecided by the Nomination and RemunerationCommittee by submitting a written application tothe Company in such a manner and on execution ofsuch documents as prescribed by the Nominationand Remuneration Committee.
G.	options exercised	27,077
H.	money realized by exercise of options	Rs 46,033,424/-

CRISIL Limited

Corporate Identity Number: L67120MH1987PLC042363

Registered Office: CRISIL House, Central Avenue, Hiranandani Business Park, Powai, Mumbai - 400076. Phone: +91 22 3342 3000 | Fax: +91 22 3342 3001 www.crisil.com

	I.	the total number of shares arising as a resultof exercise of option	27,077
	J.	options lapsed	20,93,709
	K.	variation of terms of options	N.A.
	L.	brief details of significant terms	Provided in Annexure C
	M.	subsequent changes or cancellation orexercise of such options	N.A.
	N.	diluted earnings per share pursuant to issueof equityshares on exercise of options	N.A.

CRISIL Limited

Corporate Identity Number: L67120MH1987PLC042363

Registered Office: CRISIL House, Central Avenue, Hiranandani Business Park, Powai, Mumbai - 400076. Phone: +91 22 3342 3000 | Fax: +91 22 3342 3001 www.crisil.com

Annexure B

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Disclosures pursuant to Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021

Sr.No.	Disclosures	Particulars - ESOS 2014
A.	Company name and address of RegisteredOffice	CRISIL LimitedCRISIL House, Central Avenue,Hiranandani Business Park, Powai,Mumbai 400076
B.	Name of the Stock Exchanges on which thecompany’s shares are listed	BSE Limited (BSE)National Stock Exchange of India Limited (NSE)
C.	Filing date of the statement referred inregulation 10(b) of the SEBI (Share BasedEmployee Benefits and Sweat Equity)Regulations, 2021 with Stock Exchange	July 28, 2014July 19, 2017
D.	Filing Number, if any	BSE: DCS/IPO/JS/ESOP-IP/340/2014-15DCS/IPO/MS/ESOP-IP/2066/2017-18NSE: NSE/LIST/250132-C
E.	Title of the Scheme pursuant to which shares areissued, if any	CRISIL Employees Stock Option Scheme – 2014
F.	Kind of security to be listed	Equity Shares
G.	Par value of the shares	Re. 1/-
H.	Date of issue of shares	21/09/2021
I.	Number of shares issued	27,077
J.	Share Certificate No., if applicable	N.A
K.	Distinctive number of the share, if applicable	74212985 to 74240061
L.	ISIN Number of the shares if issued in Demat	INE007A01025
M.	Exercise price per share	For 13,041 shares -Rs 1841.35 per optionFor 14,036 shares -Rs 1568.85per option
N.	Premium per share	For 13,041 shares -Rs 1840.35 per optionFor 14,036 shares -Rs 1567.85per option
O.	Total issued shares after this issue	7,28,18,129
P.	Total issued share capital after this issue	Rs. 7,28,18,129
Q.	Details of any lock-in on the shares	N.A.
R.	Date of expiry of lock-in	N.A.

CRISIL Limited

Corporate Identity Number: L67120MH1987PLC042363

Registered Office: CRISIL House, Central Avenue, Hiranandani Business Park, Powai, Mumbai - 400076. Phone: +91 22 3342 3000 | Fax: +91 22 3342 3001 www.crisil.com

	S.	Whether shares identical in all respects toexisting shares if not, when will they becomeidentical?	All shares of the Company allotted consequent to exerciseof options shall rank pari passu with the existing shares ofthe Company.
	T.	Details of listing fees, if payable	N.A.

CRISIL Limited

Corporate Identity Number: L67120MH1987PLC042363

Registered Office: CRISIL House, Central Avenue, Hiranandani Business Park, Powai, Mumbai - 400076. Phone: +91 22 3342 3000 | Fax: +91 22 3342 3001 www.crisil.com

Annexure C

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Brief details of significant terms

	ESOS 2014
Purpose of the plan:	To reward the employees for their past association and performance as well as to
	motivate them to contribute to the growth and profitability of the Company. The
	Company also intends to use these schemes to attract and reward talent andperformance in the organization.
Vesting of Options:	Options would vest not less than one year and not more than five years from the date
	ofgrant of such options.
Exercise Price:	Exercise price under ESOS 2014 is the latest available closing price, prior to the datef t th id Stk Eh hih th Sh f th C
	o gran on e recognse oc xcange on wc e ares o e ompany arelisted or face value of shares.If the shares are listed on more than one recognised Stock Exchange, then for grants
	given on market price, the Stock Exchange where there is highest trading volume on
	the said date shall be considered.
Exercise period andprocess of exercise:	Stock options granted can be exercised with in a period of two years from the date ofvesting or such lesser period as may be decided by the Nomination and RemunerationCommittee by submitting a written application to the Company.

CRISIL Limited

Corporate Identity Number: L67120MH1987PLC042363

Registered Office: CRISIL House, Central Avenue, Hiranandani Business Park, Powai, Mumbai - 400076. Phone: +91 22 3342 3000 | Fax: +91 22 3342 3001 www.crisil.com