UltraTech Cement Ltd — Share Issue/Capital Change 2018

Dec 18, 2018

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The Scheme will be implemented through a trust, viz. UltraTech Employee Welfare Trust ("Trust")inaccordance withthe provisionsofSecurities and Exchange BoardofIndia (Share Based EmployeeBenefits) Regulations, 2014 ("SEBI SBEB Regulations").The Scheme will involve secondary acquisitionofequity sharesofthe Company, by the Trust through recognized stock exchangesincompliance withSEBI SBEB Regulations and other applicable laws.	The Scheme will be implemented through a trust, viz. UltraTech Employee Welfare Trust ("Trust")inaccordance withthe provisionsofSecurities and Exchange BoardofIndia (Share Based EmployeeBenefits) Regulations, 2014 ("SEBI SBEB Regulations").The Scheme will involve secondary acquisitionofequity sharesofthe Company, by the Trust through recognized stock exchangesincompliance withSEBI SBEB Regulations and other applicable laws.
Thtdt·1fIIegranea1sare as o ows:
NumberofStock Options Granted	2,02,022 Stock Optionsinaggregate,..ofcomprising1,58,304 Options and 43,718 Restricted Stock Units.
Whether the scheme isintermsofSEBI (SBEB) Regulations, 2014(ifapplicable)	Yes
Vesting Period	For Options- 25% each, over 4 years. The first vesting beingoncompletionofone year from the dateofgrant.For RSU- 100% vestingatthe endof3 years from the dateofgrant (BulletVesting after3 yearsfromthe date ofqrant).
Exercise Period	Stock Options to be exercised within 5 years from the dateofvesting.
Exercise Price	For Options - Rs.4009.30 per Option, based on the "MarketPrice" on the dateofgrant i.e. 181hDecember, 2018inaccordance with applicable SEBI SBEB Regulations.For RSU- Rs.10/-per RSU.

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