ASTRAL LIMITED — Board/Management Information 2020

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July 8, 2020

BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street Bandra Kurla Complex, Bandra (East) Mumbai – 400 001. Mumbai – 400 051. Scrip Code: 532830 Trading Symbol: ASTRAL

Dear Sir/Madam,

Sub.: Outcome of Board meeting

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The members of the Company approved “Astral Poly Technik Limited Employee Stock Option Scheme 2015” by passing Special Resolution through postal ballot dated October 21, 2015. The Scheme allowed grant of stock options to eligible employees of the Company for a period of five years from the date of passing of the said Special Resolution.

The Board of Directors of the Company, on the approval and recommendation of Nomination and Remuneration Committee and subject to approval of members of the Company, at its meeting held today, considered and approved amendments to the said Stock Option Scheme to allow grant of stock options beyond a period of five years from the aforesaid date of Special Resolution passed by the members of the Company.

Kindly take the same on your record.

Thanking you,

For Astral Poly Technik Limited

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Krunal Bhatt Company Secretary

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