Vakrangee Limited — Capital/Financing Update 2023

Feb 21, 2023

==> picture [200 x 57] intentionally omitted <==

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``

February 21, 2023

To,

Department of Corporate Relationship Corporate Relationship Department BSE Ltd. National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Fort, Bandra Kurla Complex, Mumbai – 400001 Bandra (East), Mumbai – 400051

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 February 20, 2023 has approved and granted 1,29,500 number of options to eligible employees of the Company at a price of Rs. 23.55/- 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.

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: 2023.02.21 15:58:15 +05'30'

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