Lodha Developers Limited — Capital/Financing Update 2021

Oct 21, 2021

==> picture [180 x 47] intentionally omitted <==

October 19, 2021

The Listing Dept., The Listing Dept. BSE Limited National Stock Exchange of India Limited Corporate Relationship Department Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street Bandra (E), Mumbai – 400 051 Mumbai- 400001 Trading Symbol : LODHA Scrip Code: 543287 Scrip ID:- LODHA Debt Segment - DB - LDPL23 & DBLODL23

Sub: Update on Macrotech Developers Limited Employee Stock Option Scheme 2021 – II

Dear Sir/ Madam,

In terms of the provisions of Regulation 30 of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we write to inform you that the Nomination & Remuneration Committee of the Board of Directors of the Company (“NRC”) has granted 19,66,738 Stock Options, comprising 18,75,665 Stock Options under Plan -1 and 91,073 Stock Options under Plan-2 on October 19, 2021 to eligible employees of the Company under Macrotech Developers Limited Employee Stock Option Scheme 2021 – II.

The grant details are as follows:

	PLAN - 1	PLAN – 2(Company performance component ofthe variable pay)
NumberofStock OptionsGranted	18,75,665	91,073
Vesting Period	100% vesting at the end of 3 yearsfrom the date of grant	100% vesting at the end of 1 year fromthe date of grant
ExercisePeriod	3 years from the date of vesting	2 years from the date of vesting
Exercise Price	Rs. 684.87/- per Stock Option	Rs. 10/- per Stock Option

You are requested to inform your members accordingly.

Thanking you,

Yours truly,

For Macrotech Developers Limited

Sanjyot Rangnekar Company Secretary & Compliance Officer Membership No. F4154

Macrotech Developers Limited : Lodha Excelus , NM Joshi Marg, Mahalaxmi, Mumbai 400 011, India • T + 91 22 6133 4400 Regd. Office : 412, Floor-4, 17G Vardhaman Chamber, Cawasji Patel Road, Horniman Circle, Fort, Mumbai 400 001, India CIN: L45200MH1995PLC093041

www.lodhagroup.in