Hindalco Industries Ltd. — Capital/Financing Update 2021

Feb 10, 2021

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				10th February, 2021National Stock Exchange of India LimitedExchange Plaza, 5th FloorPlot No. C/1, G BlockBandra Kurla ComplexBandra (East)Mumbai – 400 051Scrip Code: HINDALCO	10th February, 2021National Stock Exchange of India LimitedExchange Plaza, 5th FloorPlot No. C/1, G BlockBandra Kurla ComplexBandra (East)Mumbai – 400 051Scrip Code: HINDALCO	10th February, 2021National Stock Exchange of India LimitedExchange Plaza, 5th FloorPlot No. C/1, G BlockBandra Kurla ComplexBandra (East)Mumbai – 400 051Scrip Code: HINDALCO	10th February, 2021National Stock Exchange of India LimitedExchange Plaza, 5th FloorPlot No. C/1, G BlockBandra Kurla ComplexBandra (East)Mumbai – 400 051Scrip Code: HINDALCO
	BSE LimitePhiroze JeejDalal Street	deebhoy Towers		NEPl	ational Stock Exchange Plaza, 5ot No C/1 G Bl	xchange of Indiath Floorock	Limited
	Mbi 40	0 001		B	. ,d Kl C	l
	uma:				nra ura o	pex
	Scrip Code	500440		B	andra (East)
				M	umbai – 400 05
				Sc	rip Code: HIN	DALCO
	Mr. Daniel	Schammo
	Banque Internationale A LuxembourgSociete Anonyme69, Route d’EschL-2953 LuxembourgFax No. 00 352 4590 2010Tel. No. 00 352 4590-1

Sub: Grant of Stock Options under the Hindalco Industries Limited, Employee Stock Option Scheme 2018 through Trust Route (‘said Scheme’) by Hindalco Industries Limited (‘the Company’).

Ref: Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’)

Dear Sir/ Madam,

This is to inform you that, the Nomination and Remuneration Committee of the Board of Directors vide its resolution dated 10[th] February, 2021, has approved the grant of 4,95,108 (Four lakh ninetyfive thousand one hundred and eight) Stock Options and 20,487 (Twenty thousand four hundred and eighty-seven) RSUs to eligible employees of the Company under the said scheme.

Kindly note that the said Scheme will:

1. be administered by Hindalco Employee Welfare Trust (“the Trust”) in accordance with the provisions of Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014; and

2. involve secondary acquisition of equity shares of the Company, by the Trust through recognized stock exchanges in compliance with SEBI SBEB Regulations and other applicable laws.

Hindalco Industries Limited

6[th] & 7[th] Floor, Birla Centurion, Pandurang Budhkar Marg, Worli, Mumbai – 400030, India T:+91 22 66626666/62610555 | F:+912262610400/62610500 | W: www.hindalco.com Registered Office: Ahura Centre, 1[st] Floor, B wing, Mahakali Caves Road, Andheri (East), Mumbai – 400093, India Corporate ID No: L27020MH1958PLC011238

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The details of Grant are appended below:

Particulars	Options	RSUs
Number of Stock Option Granted	4,95,108	20,487
Whether the scheme is in terms ofSEBISBEBRegulations(ifapplicable)	Yes
Vesting Period	One year from the date ofGrant	One year from the dateof Grant
Exercise Period	5 years from date of vesting	5 years from date ofvesting
Exercise Price	Rs. 278.05 (Closing Priceon NSE, on 09thFebruary,2021)	Re. 1/-

This is for your information & record.

Thanking you

Yours Faithfully

For HINDALCO INDUSTRIES LIMITED

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ANIL MALIK President & Company Secretary