JM FINANCIAL LTD. - Allotment of ESOP / ESPS

Sub: Allotment of Equity Shares arising out of the exercise of Options under Employees' Stock Option Scheme - Series 5, Series 7, Series 8 and Series 9<BR> Security Code: 523405 <BR> <BR> Pursuant to the exercise of Stock Options by the eligible employees under the Employees' Stock Option Scheme, the Allotment Committee of the Board, at its meeting held today, has allotted 3,03,597 equity shares of the face value of Re.1/- (Rupee One Only) each as per the details given below: <BR> <BR> Sr. No. Series No. of Shares allotted<BR> 1 Employee Stock Option Scheme - Series 5 13,333<BR> 2 Employee Stock Option Scheme - Series 7 1,45,333<BR> 3 Employee Stock Option Scheme - Series 8 63,333<BR> 4 Employee Stock Option Scheme - Series 9 81,598<BR> Total 3,03,597<BR> <BR> Subsequent to the allotment of equity shares as above, the paid-up equity share capital of the Company is Rs.79,73,71,007/- representing 79,73,71,007 equity shares of the face value of Re. l/- each.<BR>