Standard Capital Markets has informed that the Board of Directors of the Company by passing the resolution by circulation today, Tuesday, March 24, 2026 has approved the redemption of 23,202 (Twenty Three Thousand Two Hundred and Two) Secured, Unlisted, Unrated, Redeemable Non-convertible (NCDs), having a face value of ₹1,00,000 (Rupees One Lakh Only) each, aggregating to ₹2,32,02,00,000 (Rupees Two Hundred Thirty Two Crore and Two Lakh Only), along with accrued interest thereon in accordance with the terms of issue of the NCDs and the Debenture Trust Deed dated 24th October 2024, as amended from time to time. The aforesaid redemption represents the ϐinal tranche of the NCDs and shall be effected in one or more tranches within five working days from the date of Board approval. Upon completion of such redemption, together with prior redemptions already undertaken, the entire NCDs aggregating to ₹500 crore, issued on October 24, 2024, shall stand fully redeemed, and no amount shall remain outstanding in respect thereof.

The above information is a part of company’s filings submitted to BSE.