Non – Convertible Debentures

The Company issued 250 Secured, Listed, Rated, Redeemable Non-Convertible Debentures (NCDs) of face value of Rs.10,00,000 (Rupees Ten Lakhs Only) each, aggregating to Rs.25,00,00,000 (Rupees Twenty Five Crores Only) on private placement basis on 29th June, 2020.

The Non-Convertible Debentures are listed on BSE Limited with effect from 13th July, 2020 with Scrip Code 959701.

Credit Rating: Infomerics Ratings:- IVR D vide letter dated March 24, 2025

The Company partially redeemed the Non-Convertible Debentures on 31st March, 2021. The Face value of the Non-Convertible Debentures was reduced from Rs.10,00,000/- per NCDs to Rs. 9,67,270.283/-

The Debentures were further partially redeemed on 28th June, 2024 and the face value was reduced to Rs.5,73,665.403 per Debenture.

The Debentures were further partially redeemed on 31st August, 2024 and the face value was reduced to Rs.5,00,000 per Debenture.