Orient Bell Limited — Share Issue/Capital Change 2020

Aug 27, 2020

BSE Limited Corporate Relation Department 1st Floor, New Trading Ring Rotunga BuildingPhiroze Jeejeebhoy Towers Dalal Street, Mumbai - 400 001 National Stock Exchange of India Ltd.

OBL:1-10:SEC:OO: New Delhi : 27.08.2020

Exchange Plaza, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (E) Mumbai-400 051

Stock Code - 530365 Stock Code: ORIENTBELL

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

Dear Sir/Madam,

. i

This is with reference to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A of Part A of Schedule III of the said Regulations.

In this regard, we wish to inform you that the Compensation Committee of the Company has in its meeting held on Thursday, 271" August, 2020, considered and approved the following matters as mentioned below:

1. Allotment of 43,000 Equity Shares under Orient Bell Employees Stock Option Scheme, 2018.

2. Grant/Vesting/Exercise and 0U1er details of ESOP's:

S.No		Particulars	Comments
1.		Briefdetailsof optionsgranted	Nil
2:		Wheil1erU1e schemeofSEBIisinterms	Yes
		(SBEB) Regulations,2014
3.	Grant	Totalnumberof sharescoveredby theseoptions	Nil
4		Pricing formula	Theexerciseprice shallbe basedon
			themarketofpricetheCompany
			whichshallthelatestclosingmean
			pricetherecognisedstockon
			f'XC.h,mef'onwhichthf' sha t'f'Sof t-11P
			listedthedatecompanyareon
			immediatelythedatepriorofto
			meetingofcommitteewhichon
			is made.Asthesharesof thegrant
			listedthancompanyareonmore
			exchange,closingstocktheone
			price onexchange havingthestockvolume
			highertradingshallbeconsideredU1e market
			price. InastheExercise
			price shallanycase,belowthefacevalueofnot
			goEquitysharesof the company.
5.		Optionsvested	43,000
6.	Vesting	Timewithinwhichoption maybe exercised	3 yearsfromthe dateof vesting
7.	Exercise	Optionsexercised	43,000
-8.		Moneyrealizedby exerciseof options	Rs. 4,30,000/-

5735 222 642 CIN, L14101UP1977PLC021546 el ii Orient Bell Limited C •, RATE OFFICE, Iris House. 16 Business Centre. Nangal Raya. New Delhi -110 046. India. Tel., +911147119100 R GD. FIC ?.dustrial Area, Sikandrabad - 203 205 (U.P.) India. Tel., +915735222 203 I 222 I 424. +9181910 04575 I 76. Fax, +91 • E-mail,customercare@orientbell.com. Website, www.orientbell.com

9.	Exercise	arising asTotalnumberof sharesa resultof exercise	of face43,000Equity Sharesvalue
		of option	Rs 10/-each
10.		Options lapsed
11.		Variationof termsof options;	N.A.
12.		of significantBriefdetails	Theof optionsisbasedon
		terms	granttheemploymentterms/eligibility
			criteriadecidedbytheas
			CompensationCommitteeand
			shallsubject tocompletionofvest
			fromthedateof grantoneyearas
			bybedecidedthemay
			CompensationsubjectCommittee
			periodofmaximum5toyears.
			price shallTheexercisebebased
			themarketpriceoftheon
			Companywhichshallthemean
			closinglatestpricetheon
			recognisedstockexchangeon
			whichthesharesofthecompanylistedthedate
			immediatelyareonthedateofofpriormeetingto
			whichcommitteeis to begranton
			made.Asthesharesofthe
			listedthancompanyareonmore
			exchange,closingstocktheone
			exchange havingthe stockprice on
			highertradingvolumeshallbe
			price. Inconsideredthemarketas
			price shalltheExerciseanycase,
			belowthefacevalueofnotgo
			sharesof the Company.Equity
13.		Subsequentchanges orcancellationexerciseoforsuchoptions	N.A.
14.		earnings perDilutedshareofissuepursuantto	Dilutedearnings30.06.2020ason
		equitysharesof Options.exerciseon	(StandaloneUnauditedFinancial
			Results)(-) 'shareis7.73peras
			byreviewedtheauditors.
			byAccountsreviewednotare
			Auditorsthereafter.

Further, the above said Board Meeting commenced at 02.30 P.M. and concluded at 02:37 P.M.

You are requested to kindly take the same on record.

Yours faithfully, for Orient Bell Limited

Yogesh Mendiratta Company Secretary & Head - Legal

Orient Bell Limited

CORPORATE OFFICE, Iris House. 16 Business Centre. Nangal Raya. New Delhi -110 046. India. Tel., +911147119100

REGD. OFFICE, 8 Industrial Area. Sikandrabad - 203 205 (U.P.) India. Tel., +915735222 203 I 222 I 424. +91 81910 04575 I 76. Fax, +91 5735 222 642

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

CIN, L14101UP1977PLC021546