This is to inform you that further to the exercise of options under DBCL ESOS 2011 by some employees the Compensation Committee of the Board of Directors of the Company has approved by way of Circular Resolution the allotment of 17 94 603 (Seventeen Lakh Ninety Four Thousand Six
Hundred and Three) fully Paid-up Equity Shares of Face Value (FV) of Rs. 10/- each.
In terms of Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations 2021 (SEBI SBEBSE Regulations) the details of shares allotted as mentioned above are given in Annexure I to this intimation.
We request you to take the above information on record.
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