UltraTech Cement : ESOP/ESPS/SBEB Scheme

ADITYA BIRLA

22nd July, 2022	The Manager
BSE Limited
Corporate Relationship Department	Listing Department
Phiroze Jeejeebhoy Towers,	The National Stock Exchange of lndia Limited
Dalal Street,	"Exchange Plaza", Bandra-Kurla Complex,
Mumbai 400 001.	Bandra (East), Mumbai 400 051.
Tel.: [phone]	Tel.:[phone]
Fax: [phone]	Fax: [phone] / 38.
Scrip Code: 532538	Scrip Code: ULTRACEMCO
Dear Sirs,

Sub: Grant of Stock Options - UltraTech Cement Limited Employee Stock Option Scheme 2018 - Reg 30 of Securities and Exchange Board of lndia (Listing Obligations and Disclosure Reguirements} Regulations, 2015

We write to inform you that the Nomination, Remuneration and Compensation Committee of the Board of Directors of the Company ("NRC") has granted 147,968 Stock Options, comprising of 99,879 Options and 48,089 Restricted Stock Units on 22nd July, 2022 to eligible employees of the Company, in terms of the Ultraīech Cement Limited Employee Stock Option Scheme 2018 ("the Scheme").

The details of grant are as follows:

Number of Stock Options Granted	147,968 Stock Options in aggregate, comprising of 99,879
	Options and 36,252 Restricted Stock Units.
Whether the scheme is in terms of SEBI	Yes
(SBEB) Regulations, 2014 (if applicable)
Vesting Period	For Options - 33% each, over 3 years. The first vesting being on
	completion of one year from date of grant.
	For RSUs: RSUs - 100% vesting at end of 3 years from date of
	grant.
Exercise Period	Stock Ootions to be exercised within 5 years from date of vestinq.
Exercise Price	For Options - Rs. 6,130.70 per Option, based on the "Market
	Price" on 2151 July, 2022 in accordance with applicable SEBI
	SBEB Regulations.
	For RSU- Rs.10/- oer RSU.

This is for your information and records, please.

Thanking You,

�

Sanjeeb Kumar Chatterjee

Company Secretary

Luxembourg Stock Exchange	Singapore Exchange
BP 165 / L - 2011 Luxembourg	11 North Buona Vista Drive,
Scrip Code:	#06-07
US90403E1038 and US90403E2028	The Metropolis Tower 2,
	Singapore 138589
	ISIN Code: US90403YAA73 and USY9048BAA18

UltraTech rww••••

UltraTech Cement Limited

Registered Office: Ahura Centre, B-Wing, 2"d Floor, Mahakali Caves Road, Andheri (East), Mumbai 400 093, lndia

T: [phone] / 2926 7800 1 F: [phone] W: www.ultratechcement.com/www.adityabirla.com I CIN : L26940MH2000PLC128420