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Vakrangee Limited Capital/Financing Update 2022

Jan 12, 2022

59251_rns_2022-01-12_1411a476-30ea-41f0-a318-f6d719468c5f.pdf

Capital/Financing Update

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Vakrangee Limited “Vakrangee Corporate House”, Plot No.93, Road No.16, M.I.D.C. Marol, Andheri (East), Mumbai - 400093. Maharashtra, W: www.vakrangee.in | L:+91 22 2850 3412/+91 22 6776 5100 F: +91 22 28502017 | CIN: L65990MH1990PLC056669``

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January 12, 2022

To,

Department of Corporate Relationship Corporate Relationship Department BSE Ltd. National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Fort, Bandra (East), Mumbai – 400051 Mumbai – 400001

Dear Sir/Madam,

Sub.: Grant of Options under ESOP Scheme 2014 of the Company Ref.: Vakrangee Limited – Scrip Code – 511431/VAKRANGEE

We wish to inform you that the Nomination and Remuneration and Compensation Committee (NRC Committee) on January 11, 2022 has approved and granted 11,15,300 number of options to eligible employees of the Company at a price of Rs. 42.70/- per option under its Vakrangee Limited Employee Stock Option Scheme 2014 (ESOP Scheme 2014).

The aforesaid grant of options and the pricing formula is in accordance with ESOP Scheme 2014 of the Company.

Kindly take the above information on your record.

Thanking you

Yours faithfully,

For Vakrangee Limited

KHANDEKAR SACHIN TUKARAM Digitally signed by KHANDEKAR SACHIN TUKARAM DN: c=IN, st=Maharashtra, 2.5.4.20=9b8c16b6d2ea4521ca3fc63913c039dabc80651029f00c28ea4ca75e666ec3c2, postalCode=400069, street=3097A Shri Sai prasad sra chsl sai wadi n s, phadke road,andheri east, pseudonym=0ed49c8385f773630df2f59c1809287a, serialNumber=d0ee1a6f46e34aa2c42edac2de47e7873c65431b6bfe84a88768657f9458d264, o=Personal, cn=KHANDEKAR SACHIN TUKARAM Date: 2022.01.12 10:14:48 +05'30'

Sachin Khandekar Company Secretary (Mem. No.: A50577)