News Announcement

Capital First: Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

Sub.: Allotment of Shares pursuant to exercise of Employee Stock Options under various CFL - Employee Stock Option Schemes and Cancellation of Stock options

Dear Sir/Madam,

We wish to inform you that the Allotment Committee of the Company through a resolution passed at its meeting held on April 17, 2018, has allotted 2,500 equity shares of Rs. 10/- each fully paid up to the allottees upon exercise of stock options pursuant to the various CFL - Employee Stock Option Schemes.

With the allotment of the above shares, the equity base of the Company stands increased from present level of 9,89,65,244 (Nos.) to 9,89,67,744 (Nos.) equity shares of Rs. 10/- each.

Further, 29,500 Stock Options granted under the various CFL - Employee Stock Option Schemes stands cancelled and the said stock options shall be available for grant/re-issue under the said Schemes.

Please take the above on record and acknowledge receipt of the same.

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