CRISIL Ltd. — Share Issue/Capital Change 2022

Oct 21, 2022

October 21, 2022

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

National Stock Exchange of India Ltd. Exchange Plaza, 5th 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:

19,387 (Nineteen thousand three hundred and eighty-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 BHOSALE Digitally signed by MINAL AMIT BHOSALE Date: 2022.10.21 17:01:22 +05'30'

Minal Bhosale Company Secretary ACS 12999

Encl.: a/a

Annexure A

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

Sr.	Disclosures	Particulars – ESOS 2014
No.
	A. brief details of options granted	The present instance is allotment of shares upon
		exercise of 19,387 options under ESOS – 2014.
B.	whether the scheme is in terms of SEBI(Share Based Employee Benefits andSweatEquity)Regulations,2021(ifapplicable)	Yes
	C. total number of shares covered by these	3,600,000 Equity Shares are covered under this
	options	scheme.
		The present disclosure is in respect of allotment of19,387 shares made on October 21, 2022.
	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
	E. options vested	(b)face value of shares.Options granted would vest not less than one year
		and not more than five years from the date of grantof such options.
		Under the scheme 20,52,286 options have vested.
	F. time within which option may beexercised	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	19,387

CRISIL Limited

Corporate Identity Number: L67120MH1987PLC042363

Sr.	Disclosures	Particulars – ESOS 2014
No.
	H. money realized by exercise of options	Rs. 3,52,01,017/-
I.	the total number of shares arising as a19,387result of exercise of option
J.options lapsed		22,24,710
	K. variation of terms of options	N.A.
	L. brief details of significant terms	Provided in Annexure C
	M. subsequent changes or cancellation orN.A.exercise of such options
	N. diluted earnings per share pursuant to issueof equity shares on exercise of options	N.A.

Annexure B

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

Sr.	Disclosures	Particulars - ESOS 2014
No.
A.	Company name and address of Registered	CRISIL Limited
	Office	CRISIL 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 in
	regulation 10(b) of the SEBI (Share Based	July 28, 2014
	Employee Benefits and Sweat Equity)	July 19, 2017
	Regulations, 2021 with Stock Exchange
D.	Filing Number, if any	BSE: DCS/IPO/JS/ESOP-IP/340/2014-15
		DCS/IPO/MS/ESOP-IP/2066/2017-18
		NSE: NSE/LIST/250132-C
E.	Title of the Scheme pursuant to which shares	CRISIL Employees Stock Option Scheme – 2014
	are issued, if any
F.	Kind of security to be listed	Equity Shares
G.	Par value of the shares	Re. 1/-
H.	Date of issue of shares	21/10/2022
I.	Number of shares issued	19,387
J.	Share Certificate No., if applicable	N.A.
K.	Distinctive number of the share, if applicable	74466590 to 74485976
L.	ISIN Number of the shares if issued in Demat	INE007A01025
M.	Exercise price per share	For 8,334 shares - Rs 1956.55 per option
		For 2,004 shares - Rs 1969.45 per option
		For 2,759 shares - Rs 1841.35 per option
		For 6,290 shares - Rs 1568.85 per option
N.	Premium per share	For 8,334 shares - Rs 1955.55 per option
		For 2,004 shares - Rs 1968.45 per option
		For 2,759 shares - Rs 1840.35 per option
		For 6,290 shares - Rs 1567.85 per option
O.	Total issued shares after this issue	7,30,64,044
P.	Total issued share capital after this issue	Rs. 7,30,64,044/-

CRISIL Limited

Corporate Identity Number: L67120MH1987PLC042363

Sr.	Disclosures	Particulars - ESOS 2014
No.
Q.	Details of any lock-in on the shares	N.A.
R.	Date of expiry of lock-in	N.A.
S.	Whether shares identical in all respects toexisting shares if not, when will they becomeidentical?	All shares of the Company allotted consequent toexercise of options shall rank pari passu with theexisting shares of the Company.
T.	Details of listing fees, if payable	N.A.

Annexure C

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 motivatethem to contribute to the growth and profitability of the Company. The Company also intendsto use these schemes to attract and reward talent and performance in the organization.
Vesting of Options:	Options would vest not less than one year and not more than five years from the date of grantof such options.
Exercise Price:	Exercise price under ESOS 2014 is the latest available closing price, prior to the date of granton the recognised Stock Exchange on which the Shares of the Company are listed or face valueof shares.
	If the shares are listed on more than one recognised Stock Exchange, then for grants given onmarket price, the Stock Exchange where there is highest trading volume on the said date shallbe considered.
Exercise period andprocess of exercise:	Stock options granted can be exercised with in a period of two years from the date of vestingor such lesser period as may be decided by the Nomination and Remuneration Committee bysubmitting a written application to the Company.