Outcome of NRC Meeting 13.11.2017

REF: SEC/NRS/BSE/NSE/ESOS/2016-17 13th November,2017

To

Dept. of Corporate Services (CRD) SSE Limited

Phiroze Jeejeebhoy Towers Dalal Street, Mumbai 400 001

Listing Department

National Stock Exchange of India Limited Exchange Plaza, Bandra-Kurla Complex Bandra (East), Mumbai 400 051

Re: BSE Debt Scrip Codes: 947649-9039 I 952008-9-10-45-46-53-54-74-75-89-90-97-98 / 952715-717-718-721 - 879-880-881-882-883 I 954326-28-30-34-35-40-43-955100-101-140-141-371-373-454-456-7 49-750-957-958 I

956012-13 / 956243-268-69 / 956310-11 / 956954-55 / 957077

Dear Sir/Madam,

Sub: Outcome of Meeting of Nomination and Remuneration Committee

This is to inform that the Nomination and Remuneration Committee (the Committee) of the Company in its meeting held on today, has approved the following:-

1. Allotment of 93,428 Equity Shares of 2/- each to eligible employee(s) under the Employee Stock Option Scheme 2012 (ESOS - 2012) of the Company; and

2. Allotment of 20,02,996 Equity Shares of 2/- each to eligible employee(s) under the Employee Stock Option Scheme 2015 (ESOS - 2015) of the Company;

   Upon allotment, the equity capital of the Company stand increased from 98,25,50,646/- (Rupees Ninety Eight Crore Twenty Five Lakh Fifty Thousand Six Hundred and Forty Six) comprising of 45,19,00,644 (Forty Five Crore Nineteen Lakh Six Hundred Forty Four) Equity shares of 2/- (Rupees Two only) each and 3,93,74,679 (Three Crore Ninety Three Lakh Seventy Four Thousand Six Hundred Seventy Nine) Class B (Series 1) Shares of 2/- (Rupees Two only) each to 98,67,43,494/- (Rupees Ninety Eight Crore Sixty Seven Lakh Forty Three Thousand Four Hundred Ninety Four only) divided into 45,39,97,068 (Forty Five Crore Thirty Nine Lakh Ninety Seven Thousand Sixty Eight ) Equity Shares of 2/- (Rupees Two only) each and 3,93,74,679 (Three Crore Ninety Three Lakh Seventy Four Thousand Six Hundred Seventy Nine) Class B (Series 1) Shares of 2/­ (Rupees Two only) each.

   The details as required to be furnished under the SEBI (Shared Based Employee Benefits) Regulations, 2014 (SEBI (SBEB) Regulations, 2014) are enclosed herewith.

   Kindly take the above information on your records Thanking you,

   Yours truly,

   For Future Enterprises Limited Dinesh Maheshwari Executive Director & CFO Encl: as above

   Future Enterprises Ltd. {formerl y- Future Retail Limited). CIN L52399MH1987PLC044954

   Regd. Off.: Knowledge House . Shyam Nagar . Off Jogeshwari - Vikhroli Link Road . Jogeshwari (East) . Mumbai - 400 060. P +91 22 6644 2200 . F +91 22 6644 2201 .www.felindia. in.

   Enterprises

   Ltd.

   Format of notification for issue of shares under Regulation 10(c)

   Notification for issue of shares under Regulation 10(c) of SEBI (SBEB) Regulations, 2014 in relation to allotment of shares under FRL ESOS 2012 and ESOS 2015:

3. Company name and address of Future Enterprises Limited Registered Office: Knowledge House, Shyam Nagar,

   Off Jogeshwari Vikhroli Link Road, Joaeshwari East, Mumbai 400060

4. Name of the Stock Exchanges on SSE Limited.

   which the company's shares are National Stock Exchange of India Limited listed:

5. Filing date of the statement Application for in-principle Application for in-principle referred in regulation 10(b) of the approval in terms of SEBI (ESOS approval in terms of SEBI (ESOS SEBI (Share Based Employee and ESPS) Guidelines, 1999, and ESPS) Guidelines, 1999, filed Benefits) Regulations, 2014 with filed on: on:

Stock Exchange:

SSE: 12 March, 2014 and SSE: 15 October,2016

17 October, 2016 NSE : 15 October, 2016

NSE : 13 March, 2014 and

17 October, 2016

4	Filing Number, if any :	SSE: 6163 and 43197 NSE: 4407 and 12864	SSE: 43104 NSE: 9958
5	Title of the Scheme pursuant to	FRL ESOS 2012	FEL ESOS 2015
which shares are issued, if anv:
6	Kind of security to be listed :	Eauitv Shares
7	Par value of the shares :	2/-
8	Date of issue of shares :	13th November, 2017
9	Number of shares issued :	93,428	20,02,996
10	Share Certificate No., if	NA
applicable :
11	Distinctive number of the share, if	45,19,00,645 - 45,19,94,072	45,19,94,073 - 45,39,97,068
applicable :
12	ISIN Number of the shares if issued in Demat :	INE623801027

1. Exercise price per share: 2/-

2. Premium per share : -

3. Total Issued shares after this 20,96,424 issue :

4. Total Issued share capital after

Issued Cagital

this issue : 98,69,52,360/- (Rupees Ninety Eight Crore Sixty Nine Lakh Fifty Two Thousand Three Hundred Sixty only) divided into 45,40,92,946 (Forty Five Crore Forty Lakh Ninety Two Thousand Nine Hundred Forty Six) Equity Shares of { 2/- (Rupees Two only) each and { 7,87,66,344/-

-tlJ

(Rupees Seven Crore Eighty Seven Lakh Sixty Six Thousand Three Hundred Forty Four only) divided into 3,93,83,172 (Three Crore Ninety Three Lakh Eighty Three Thousand One Hundred Seventy Two) Class B (Series 1) Share of 2/- each (Rupees Two only) each. {'rT

it" (

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Future Enterprises Ltd. { formerly - Future Retail Limited} . CIN L52399MH1987PLC044954 -t

. .

-

Regd Off. ·Knowledge House . Shyam Nagar . Off Jogeshwari - Vikhroli L,nk Road .Jogeshwari (East) . Mumbai ·400 0 P +91 22 6644 2200 . F +91 22 6644 2201 .www.feltndta .in.

Enterprises Ltd.

Paid-up Capital 98,67,43,494/ - (Rupees Ninety Eight Crore Sixty Seven Lakh Forty Three Thousand Four Hundred Ninety Four only) divided into 45,39,97,068 (Forty Five Crore Thirty Nine Lakh Ninety Seven Thousand Sixty Eight) Equity Shares of { 2/·(Rupees Two only) each and { 7,87,49,358/- divided into 3,93,74,679 (Three Crore Ninety Three Lakh Seventy Four Thousand Six Hundred Seventy Nine) Class B (Series 1) Share Capital of { 2/- each
17	Details of any lock-in on the shares :	NIL
18	Date of expirv of lock-in :	N.A.
19	Whether shares identical in all respects to existing shares if not, when will they become identical?:	Yes
20	Details of listing fees, if payable :	Post allotment, the Company's paid-up equity share capital would be within the slab (less than { 100 Crore), for which the listing fee has already been paid by the Company, hence, no listing fees would be payable for the aforesaid eauitv shares issued by the Company.

For Future Enterprises Limited Dinesh Maheshwari Executive Director & CFO

Date: 13th November, 2017 Place: Mumbai

Future Enterprises Ltd. ( formerl y - Future Retail limited}. CIN L52399MH1987PLC044954

Regd. Off. : Knowledge House . Shyam Nagar . Off Jogeshwari - Vikhroli Link Road . Jogeshwari (East) . Mumbai - 400 060 . P +91 22 6644 2200 . F +91 22 6644 2201 .www.felindia. in.