Crompton Greaves Consumer Electricals Limited — Remuneration Information 2023

Apr 28, 2023

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Crompton Greaves Consumer Electricals Limited Registered & Corporate Office: Tower 3, 1[st] Floor, East Wing, Equinox Business Park, LBS Marg, Kurla (West), Mumbai - 400 070.India T: +91 22 6167 8499 F: +91 22 6167 8383 W: www.crompton.co.in CIN: L31900MH2015PLC262254

Date: April 28, 2023

ate: April 28, 2023
To,BSE Limited (“BSE”),Corporate Relationship Department,2ndFloor, New Trading Ring,P.J. Towers, Dalal Street,Mumbai – 400 001.	To,National Stock Exchange of IndiaLimited (“NSE”),“Exchange Plaza”, 5thFloor,Plot No. C/1, G Block,Bandra-Kurla Complex,Bandra (East), Mumbai–400 051.
BSE Scrip Code: 539876	NSE Symbol: CROMPTON
ISIN: INE299U01018	ISIN: INE299U01018
Our Reference: 14/2023-24	Our Reference: 14/2023-24

Dear Sir/ Madam,

Sub: Intimation pursuant to Regulation 30 of the SEBl (LODR) Regulation, 2015 relating to Grant of Options under ESOP 2019

Pursuant to Regulation 30 of SEBI (LODR) Regulation, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015, we would like to inform you that the Nomination and Remuneration Committee (N&RC) of the Board of Directors of the Company has inter alia approved the grant of 20,00,000 stock options under Employee Stock Option Plan 2019 (ESOP 2019) to eligible employees vide its resolution dated today, April 28, 2023.

The salient features of the options are as follows:

Sr.No	Particulars	Details
1.	Brief details of option granted	20,00,000 options have been grantedas per the resolution passed by theNominationandRemunerationCommittee on April 28, 2023
2.	Whether Scheme is in terms ofSEBI (Share Based EmployeeBenefitsandSweatEquity)(‘SBEBSE’) Regulations, 2021(if applicable)	Yes
3.	Total No. of Shares covered bythese options	20,00,000 Equity shares of Face Valueof Rs. 2/-each.
4.	Pricing formula/ Exercise Price	Rs. 259.80 being the closing MarketPrice on April 27, 2023 on NationalStock Exchange of India Limited.
5.	Options Vesting Period	As per the terms and conditionsdeterminedbyNominationand

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Crompton Greaves Consumer Electricals Limited Registered & Corporate Office: Tower 3, 1[st] Floor, East Wing, Equinox Business Park, LBS Marg, Kurla (West), Mumbai - 400 070.India T: +91 22 6167 8499 F: +91 22 6167 8383 W: www.crompton.co.in CIN: L31900MH2015PLC262254

		Crompton Greaves Consumer Electricals LimiRegistered & Corporate Office: Tower 3, 1stFloEast Wing, Equinox Business Park, LBS MaKurla (West), Mumbai - 400 070.InT: +91 22 6167 8499 F: +91 22 6167 83W:www.crompton.co.inCIN: L31900MH2015PLC2622
		Remuneration Committee up to amaximum vesting period of 5 years
6.	Time within which options maybe exercised	5 years from the date of vesting ofoptions.

We request you to take the above on record.

Thanking You,

For Crompton Greaves Consumer Electricals Limited

Digitally signed by Rashmi Rashmi Khandelwal Khandelwal Date: 2023.04.28 19:48:56 +05'30'

Rashmi Khandelwal Company Secretary & Compliance Officer ACS - 28839