Grasim Industries Ltd — Share Issue/Capital Change 2018

Dec 17, 2018

Number of Stock Options Granted	Number of Stock Options Granted	13,32,685 Stock Options in aggregate, comprising
		of11,18,480 Optionsand2,14,205Restricted
		Stock Units.
Whether the scheme is in terms of SEBI(SBEB)		Yes
Regulations, 2014 (if applicable)
Vesting Period		For Options- 25% each, over 4 years. The first
		vesting being on completion of one year from the
		date of grant.
		For RSU- 100% vesting at the end of 3 years from
		the date of grant (Bullet Vesting after 3 years from
		the date of grant)
Exercise Period		Stock Options to be exercised within 5 years from
		the date of vesting
Exercise Price		For Options-Rs. 847.20 per Option, based on the
		"MarketPrice"on thedateof granti.e.14th
S T, /	,. ,	December 2018 in accordance with applicable SEBIRegulations.
4)--r--6\d'r.,|	For RSU- Rs. 2/- per RSU

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