Orient Bell Limited — Capital/Financing Update 2019

Apr 29, 2019

BSE Limited	National Stock Exchange of India Ltd.
Corporate Relation Department	Exchange Plaza,
15tFloor, NewTrading Ring	PlotNo. C/1, G Block,
RotungaBuildingPhirozeIeejeebhoy Towers	Bandra-Kurla Complex,
Dalal Street,	Bandra (E)
Mumbai- 400 001	Mumbai-400 051
Stock Code- 530365	Stock Code: ORIENTBELL

2. Grant	2. Grant	of5,000options under Orient Bell Employees Stock Option Scheme, 2018,	of5,000options under Orient Bell Employees Stock Option Scheme, 2018,	of5,000options under Orient Bell Employees Stock Option Scheme, 2018,	of5,000options under Orient Bell Employees Stock Option Scheme, 2018,
S.	No.	Particulars		Comments
	1	Brief details ofoptions		5,000EmployeesStockoptionsconvertibleinto		equal
		granted		number ofequity shares
	2	Whether the scheme is		Yes
		in terms of SEBI
		(SBEB)Regulations,
		2014
	3	Total number of	shares	5,000Equity Shares (Each Stock option	is convertible	into 1
		covered by these options		Equity Shares of face value Rs, 10/-each)
	4	Pricing formula		The exercise price shall be based on the	marketprice	of the
				Company which shall mean the latest closing price on the
				recognised stock exchangeon which	the shares of the
				companyare listed on the date immediately prior		to the
				date of meeting of committeeon which grant is		to be
				made, As the shares of the company	are listed on	more
				thanone stock exchange, the closing	priceon the	stock
				exchangehavinghighertrading	volumeshallbe
				considered as the market price. In any case, the Exercise
				price shall not go below the face value the company.	of Equity shares of		%“T BeQEZ((
	5	Options vested		Nil			0]			E
\Y	67	Time within whichoption may be exercisedOptions exercised		3 years from the date of eachvestingNilune‘fit‘B‘e‘ii lelted			\7<		§\I0,"'/
CORPORATE OFFICE; Irls House, 16 Buslness Centre. Nangal Kayo, New Delhl- 110 046,	ndlo.Te	.n91 114711 9100. Fox: .91 1	28521273
REGD. OFFICE	x B Industrlul Area. Slkandrabad		- 203 205	(UK)	nd	a.Tel.:o915735 222 203 / ZZZ/4248181910 04575 / 76. Fax: v91 5735				222 642
		E—mal	xcustcmercure©orlentbell.com, Webslte: www.crientbe		.com
				Cle L14101UP1977PLC021546

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			orientbell
8.	.Money realized by		tiles1
	exercise ofoptions
9.	Total number of shares		5,000 Equity Shares of face value Rs 10/- each will arise as
	arising as a result of		and when all theoptions would be exercised.
	exercise ofoption
10.	Options lapsed		Nil
11.	Variation of terms	of	NA.
	options;
12.	Brief details of		The grant of optionsis basedon the employment terms/
	significant		eligibility criteria as decided by the Compensation Committee
	terms		and shall vest subject to completion of one year from the date
			of grant as may be decided by the Compensation Committee
			subject to maximum period of 5 years. The exercise price shall
			be basedon the market price of the Company which shall
			mean the latestclosing price on the recognised stock exchange
			on which the shares of the companyare listedon the date
			immediately prior to the date of meeting of committee	on
			which grant is to be made, As the shares of the company	are
			listed on more than one stock exchange, the closing price	on
			the stock exchange having higher trading volume shall	be
			considered as the market price. In any case, the Exercise price
			shall not go below the face value of Equity shares of	the
			Company.
13.	Subsequentchanges or		N,A.
	cancellation or exercise
	of such options
14.	Diluted earnings	per	NA.
	share pursuant to issue
	of equity shares	on
	exercise of
	options.

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