Orient Bell Limited — Capital/Financing Update 2021

Jul 26, 2021

BSE Limited National Stock Exchange of India Ltd. Corporate Relation Department Exchange Plaza, 1st Floor, New Trading Ring Plot No. C/1, G Block, Rotunga BuildingPhiroze Jeejeebhoy Towers Bandra-Kurla Complex, Dalal Street, Bandra (E) Mumbai - 400 001 Mumbai-400 051

OBL:HO:SEC:00: New Delhi : 26.07.2021

Sub: Outcome under Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Part A of Schedule III of the said Regulations.

	Dalal Street,Mumbai - 400 001		Bandra (E)Mumbai-400 051
Stock Code - 530365			Stock Code: ORIENTBELL
Sub:	Dear Sir/Madam,	Outcome under Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015 read with Part A of Schedule III of the said Regulations.
Thisis	withreference	Regulation 30of SEBItoRegulations, 2015 read with Part A of Schedule III of the said Regulations.	Obligationsand(Listing	Requirements)Disclosure
		In this regard, we wish to inform you that the Compensation Committee of the Company has in its meetingheld on Monday, 26' July, 2021, considered and approved the following matters:
		1, Allotment of 15,000 Equity Shares under Orient Bell Employees Stock Option Scheme, 2018.Grant/Vesting/ Exercise and other details of ESOP's:
2.
S.No	Particulars		Comments
			Employees StockOption Scheme, 2018	Employees Stock Option Scheme, 2021
ds		Brief details of options granted	Nil	Employees224000optionsStockconvertible into equal number of equityEmployeesunderOrientsharesBellStock Option Scheme, 2021, subject to theIn-principle approval of the said schemeby the regulatory authorities.
2.		Whether the scheme is interms of SEBI (SBEB)Regulations, 2014	Yes	Yes
3.	Grant	Total number of shares coveredby these options	Nil	224000 Equity Shares (Each Stock Optionis convertible into 1 Equity Share of facevalue Rs. 10/- each)
4lGYWN		Pricing formula	N.A	The exercise price shall be based on themarket price of the Company which shallmean the latest available closing price onthe recognised stock exchange on whichthe shares of the company are listed onthe date immediately prior to the date ofmeeting of committee on which grant ismade. As the shares of the company arelisted on more than one stock exchange,the closing price on the stock exchangehaving higher trading volume shall beconsidered as the market price. In anyExercisepriceshallnotcase,thegobelow the face value of Equity shares ofthe company.

G Orient Bell Limited

ORPORATE OFFICE: Iris House, 16 Business Centre, Nangal Raya, New Delhi - 110 046, India. Tel.: +91 11 4711 9100

OF : 8 Industrial Area, Sikandrabad — 203 205 (U.P.) India. Tel.: +91 5735 222 203 / 222 / 424, +91 81910 04575 / 76, Fax: +91 5735 222 642

E-mail:customercare@orientbell.com, Website: www.orientbell.com

CIN: L14101UP1977PLC021546

orientbell tiles

			orientbell
			tiles
S.No		Particulars	Comments
			Employees StockOption Scheme, 2018	Employees Stock Option Scheme, 2021
Si		Options vested	15,000 options vestedunderOrient — BellEmployeesStockOption Scheme, 2018.	Nil
6.		Vesting Time within which option may 3 years from the datebe exercised	of vesting	N.A
7.		Exercise Options exercised	options15,000underexercised	N.A
			OrientBellEmployeesStockOption Scheme, 2018.
8.	Exercise options	Money realized by exercise of	Rs. 1,50,000/-	N.A
9.		Total number of shares arisingas a result of exercise of option of face value Rs 10/-	EquityShares15,000	N.A
10.lh		Options lapsedVariation of terms of options	eachNilN.A.	NilN.A.
12.		Brief details of significant terms The	grantoptionsof	employmentbasedterms/ontheiseligibility criteria as decided by the Compensation Committee and
				shall vest subject to completion of one year from the date of grantas may be decided by the Compensation Committee subject to
				maximum period of 5 years. The exercise price shall be based onthe market price of the Company which shall mean the latest
				closing price on the recognised stock exchange onwhichtheshares of the company are listed on the date immediately prior tothe date of meeting of committee on which grant is to be made. As
			the shares of the company are listed	more than one stockonexchange, the closing price on the stock exchange having higher
				trading volume shall be considered as the market price. In anycase, the Exercise price shall not go below the face value of Equity
13.		Subsequent changes orcancellation or exercise of such	shares of the Company.N.A.	N.A.
14,		optionsDiluted earnings per sharepursuant to issue of equity	DilutedearningsasFinancial Results)	Unaudited(Standalone30.06.2021onreviewedper share

Further, the above said Board Meeting commenced at 06:05 P.M. and concluded at 06:20 P.M.

You are requested to kindly take the same on record.

Yours faithfully, for Orient Bell Limited Wo. Yogesh Mendiratta Company Secretary & Héad - Legal

Orient Bell Limited

CORPORATE OFFICE: Iris House, 16 Business Centre, Nangal Raya, New Delhi - 110 046, India. Tel.: +71 11 4711 9100

REGD. OFFICE : 8 Industrial Area, Sikandrabad — 203 205 (U.P.) India. Tel.: +91 5735 222 203 / 222 / 424, +91 81910 04575 / 76, Fax: +91 5735 222 642

E-mail:customercare@orientbell.com, Website: www.orientbell.com

CIN: L14101UP1977PLC021546