Greaves Cotton : ESOP/ESOS/ESPS

	GREAVES
	SINCE 1859
8th February, 2022
The Manager - Listing	The Manager - Listing
BSE Limited	National Stock Exchange of India Limited
BSE Code - 501455	NSE Code - GREAVESCOT
Dear Sir/Madam,

Subject: Intimation pursuant to Regulation 30 of the SEBI (LODR) Regulation, 2015 relating to Allotment of Equity Shares under Greaves Cotton - Employee Stock Option Plan 2020

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, we hereby inform you that the Nomination and Remuneration Committee ("the Committee") of the Board of Directors of the Company at its meeting held on 7th February, 2022 has approved allotment of 2,76,807 equity shares of Rs. 2/- each pursuant to exercise of 2,76,807 Stock Options at an exercise price of Rs. 2/- each amounting to Rs. 5,53,614/- by the option grantee under 'Greaves Cotton - Employee Stock Option Plan 2020'.

The said equity shares shall rank pari-passu with the existing equity shares of the Company in all respect. Consequently, the Issued, Subscribed and Paid up Capital of the Company stands increased to Rs. 46,30,42,584/- comprising of 23,15,21,292 equity shares of face value of Rs. 2/- each.

Kindly take the above information on your record.

Thanking You,

Yours faithfully,

For Greaves Cotton Limited

Atindra Basu

General Counsel & Company Secretary

GREAVES COTTON LIMITED

www.greavescotton.com

Registered Office: Unit No. 701, 7th Floor, Tower 3, Equinox Business Park, LBS Marg, Kurla West, Mumbai 400 070, India

Tel: [phone] CIN: L99999MH1922PLC000987