UltraTech Cement Ltd — Share Issue/Capital Change 2020

Mar 4, 2020

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4thMarch, 2020
BSE Limited	The Manager
Corporate Relationship Department	Listing Department
Phiroze Jeejeebhoy Towers,	The National Stock Exchange of India Limited
Dalal Street,	"Exchange Plaza", Bandra-Kurla Complex,
Mumbai 400 001.	Sandra (East), Mumbai 400 051.
Tel.: 22721233/4	Tel.: 26598236
Fax: 022 2272 2039	Fax: 2659 8237 /38.
Scrip Code: 532538	Scrip Code: UL TRACEMCO

The grant details areasfollows:
Number of Stock Options Granted	16,102 Stock Optionsinaggregate, comprising of12,620 Options and 3,482Restricted Stock Units.
Whether the schemeisinterms ofSEBI (SBEB) Regulations, 2014 (ifapplicable)	Yes
Vesting Period	For Options- 25% each, over 4 years. The firstvesting being on completion of one year from thedate of grant.For RSU- 100% vesting at the end of 3 years fromthe date of grant (Bullet Vesting after 3 years fromthe date ofgrant).
Exercise Period	Stock Options tobeexercised within 5 years fromthe date of vesting.
Exercise Price	For Options - Rs. 4,299.90 per Option, based onthe "Market Price"on3rdMarch, 2020inaccordancewithapplicableSEBISBEBRegulations.ForR,SU- Rs.10/- per RSU.

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