CRISIL Ltd. — Share Issue/Capital Change 2022

Feb 15, 2022

February 15, 2022

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

National Stock Exchange of India Ltd. Exchange Plaza, 5" 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 CRIS IL Limited of face value of Re. 1/- each to the employees of the Company as under:

• 46,315 (Forty six thousand three hundred and fifteen only) equity shares pursuant to their exercising the stock options granted to them under the Employees Stock Option Scheme 2011 (ESOS -2011);
• 48,250 (Forty eight thousand two hundred and fifty 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 l0(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 under ESOS - 201 I and 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 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.No.	Disclosures	Particulars -- ESOS 2011	Particulars - ESOS 2014
A.	brief details of options granted	The present instance is allotment ofshares upon exercise of 46,315options under ESOS - 2011	The present instance is allotment ofsharesupon exercise of 48,250options under ESOS -- 2014.
B.	whether the scheme is in termsofSEBI(ShareBasedEmployee Benefits and SweatEquity) Regulations, 2021 (ifaoolicable)	Yes
C.	total number of shares covered	1,300,000EquitySharesare	3,600,000EquitySharesare
	by these options	covered under this scheme.	covered under this scheme.
		The present disclosure is in respect	The present disclosure is in respect
		of allotment of 46,315 shares made	of allotment of 48,250 shares made
		on February 15, 2022.	on February 15, 2022.
D.	pricing formula	(a) latest available closing price,prior to the date of the meetingof theBoard of Directors/NominationandRemuneration Committee, inwhich the options are granted,onthestock exchange onwhichthesharesoftheCompany are listed. As theshares are listed on more thanone stock exchange, then thestock exchange where there ishighest trading volume on thesaid date shall be considered.or	(a) latest available closing price,prior to the date of the meetingof theBoardofDirectors/Nomination and RemunerationCommittee,inwhichtheoptions aregranted,onthestock exchange on which thesharesof theCompanyarelisted. As the shares are listedonmorethanonestockexchange,thenthestockexchange where there is highesttrading volume on the said dateshall be considered.or
		(b) face value of shares.	(b) face value of shares.
E.	options vested	Options granted would vest not lessthan one year and not more thanfive years from the date of grant ofsuch options.	Options granted would vest not lessthan one year and not more than fiveyears from the date of grant of suchoptions.
		14,25,150Undertheschemeoptions have vested.	Underthescheme19,74,797options have vested.

Sr.	Disclosures	Particulars - ESOS 2011	Particulars -- ESOS 2014
No.
F.	time within which option maybe exercised	TheEmployeeStockOptionsgranted can be exercised with in aperiod of two years from the date ofvesting or such lesser period as maybe decided by the Nomination andRemunerationCommitteebysubmitting a written application tothe Company in such a manner andon execution of such documents asprescribed by the Nomination andRemuneration Committee.	TheEmployeeStockOptionsgranted can be exercised with in aperiod of two years from the date ofvesting or such lesser period as maybe decided by the Nomination andRemunerationCommitteebysubmitting a written application tothe Company in such a manner andon execution of such documents asprescribed by the Nomination andRemuneration Committee.
G.	options exercised	46,315	48,250
H.	money realized by exercise ofoptions	Rs. 10,09,96,805/-	Rs. 8,52,00,4 78/-
I.	thetotalnumber of sharesarising as a result of exercise ofoption	46,315	48,250
J.	options lapsed	2,71,780	21,26,882
K.	variation of terms of options	N.A.
L.	detailsofsignificantbriefterms	Provided in Annexure C
M.	changesorsubsequentcancellation or exercise of suchoptions	N.A.
N.	earningspersharedilutedissue of equitypursuant toshares 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.No.	Disclosures	Particulars - ESOS 2011	IParticulars - ESOS 2014
A.	Company name andaddress of RegisteredOffice	CRISIL LimitedCRISIL House, Central Avenue,Hiranandani Business Park, Powai,
B.	Name of the StockExchanges on which thecompany's shares arelisted	Mumbai 400076BSE Limited (BSE)National Stock Exchange of India Limited (NSE)
C.	Filing date of thestatement referred inregulation 1 0(b) of theSEBI (Share BasedEmployee Benefits andSweat Equity)Regulations, 2021 withStock Exchange	March 15, 2011March31,2011	July 28, 2014July 19, 2017
D.	Filing Number, ifany	BSE:DCS/AMAL/PR/ESOP/IP/1268/2010-11NSE: NSE/LIST/162222-G	BSE:DCS/IPO/ JS/ESOP-IP/340/2014-15DCS/IPO/MS/ESOP-1P/2066/2017-18NSE: NSE/LIST/250132-C
E.	Title of the Schemepursuant to which sharesare issued, if any	CRISIL Employees Stock OptionScheme 2011	CRISIL Employees Stock OptionScheme - 2014
F.	Kind of security to belisted	Equity Shares
G.	Par value of the shares	Re. 1/-
H.	Date of issue of shares	15/02/2022
I.	Number of shares issued	46,315	I48,250
J.	Share Certificate No., ifapplicable	N.A
K.	Distinctive number ofthe share, if applicable	74290379 to 74384943
L.	!SIN Number of theshares if issued in Demat	INE007A01025
M.	Exercise price per share	For 46,315 shares - Rs 2180.65 per option	I For_ 23,679 shares - Rs1568.85 peroption

CRISIL Limited Corporate Identity Number: L67120MH1987PLC042363

Sr.No.	Disclosures	Particulars - ESOS 2011	Particulars - ESOS 2014
			For 15,843 shares -Rs1841.35 peroptionFor 8,001 shares -Rs 2180.65 per optiooFor 727 shares - Rs 1969.45 per optior:
N.	Premium per share	For 46,315 shares - Rs 2179.65 per option	For 23,679 shares - Rs1567.85 peroptionFor 15,843 shares -Rs1840.35 peroptionFor 8,001 shares - Rs 2179.65 per optionFor 727 shares - Rs 1968.45 per option
0.	Total issued shares afterthis issue	7,29,63,01 I
P.	Total issued share capitalafter this issue	Rs. 7,29,63,011/-
Q.	Details of any lock-in onthe shares	N.A.
R.	Date of expiry of lock-in	N.A.
s.	Whether shares identicalin all respects to existingshares if not, when willthey become identical?	All shares of the Company allotted consequent to exercise of options shall rank paripassu with the existing shares of the Company.
T.	Details of listing fees, ifpayable	N.A.

Annexure C

Brief details of significant terms

	ESOS 2011	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 alsointends to use these schemes to attract and reward talent and performance in theorganization.
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 2011 is thelatest available closing price, prior to thedate of grant on the recognised StockExchange on which the Shares of theCompany are listed or face value of shares.If the shares are listed on more than onerecognised Stock Exchange, then for grantsgiven on market price, the Stock Exchangewhere there is highest trading volume on	Exercise price under ESOS 2014 is the latestavailable closing price, prior to the date ofgrant on the recognised Stock Exchange onwhich the Shares of the Company are listedor face value of shares.If the shares are listed on more than onerecognised Stock Exchange, then for grantsgiven on market price, the Stock Exchangewhere there is highest trading volume on the
	the said date shall be considered.	said date shall be considered.
Exercise period andprocess of exercise:	Stock options granted can be exercised within a period of two years from the date ofvesting or such lesser period as may beNominationandbythedecidedRemuneration Committee by submitting awritten application to the Company.	Stock options granted can be exercised within a period of two years from the date ofvesting or such lesser period as may beNominationanddecidedbytheRemuneration Committee by submitting awritten application to the Company.