Date: 14th December, 2018

To, The Manager, Listing Department, National Stock Exchange of India Limited "Exchange Plaza" Sandra Kurla Complex, Sandra (E) Mumbai - 400 051

Dear Sir/Madam,

Sub: Outcome of NCD Committee Meeting - Intimation under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 ("Listing Regulations, 2015")

With reference to the captioned matter, the exchange is hereby informed that the NCO Committee of Alembic Pharmaceuticals Limited at its meeting held today has inert-alia allotted:

1. 1,500 (One Thousand Five Hundred) 9% Rated Unsecured Listed Redeemable Non-Convertible Debentures ('NCDs') of Rs. 10,00,000/- (Rs. Ten Lacs) per NCO aggregating to Rs. 150,00,00,000/- (Rs. One Hundred and Fifty Crores) under Tranche I; and
1. 2,000 (Two Thousand) 9% Rated Unsecured Listed Redeemable Non-Convertible Debentures ('NCDs') of Rs. 10,00,000/- (Rs. Ten Lacs) per NCO aggregating to Rs. 200,00,00,000/- (Rs. Two Hundred Crores) under Tranche II.

The detailed disclosure pursuant to Regulation 30(2) of Listing Regulations, 2015 for Tranche I & Tranche II is enclosed herewith as Annexure - I & II respectively.

The time of commencement of the NCO Committee Meeting was 10:00 a.m. and the time of conclusion was 10:45 a.m.

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. . ~ ..

We request you to kindly take the same on record.

Thanking you,

Yours faithfully, For Alembic Pharmaceuticals Limited ~

Chara ndeep Singh Saluja Company Secretary

Encl.: as above

ALEMBIC PHARMACEUTICALS LIMITED

REG~. OFFICE : ALE~BIC ROAD, VADODARA • 390 003. • TEL : (0265) 2280550, 2280880 • FAX : (0265) 2281229 website : www.alemb1cpharmaceuticals.com • E-mail : [email protected] • CIN : L24230GJ2010PLC061123

9% Rated Unsecured Listed Redeemable Non-Convertible Debentures {'NCOs') -Tranche I

Sr.No.	Particulars	Details of NCDs - Tranche I
1.	Issue Size	Rs. 150 Crores(1,500 Rated Unsecured Liste~Non-ConvertibleRedeemableDebentures of the face value ofRs. 10,00,000/- each
2.	Type of Issue	Private Placement
3.	Proposed to be listed	The National Stock Exchange ofIndia Limited
4.	Credit Rating	CRISIL AA+/Stable
5.	Date of Allotment	14th December, 2018
6.	Tenor	date of1078thedaysfrom14thallotmentDecember, ·i.e.2018
7.	Date of Maturity	25th November, 2021
8.	Coupon Rate	9% p.a.
9.	ofDetailsIcouponoffered, schedule of payment of belowcoupon / interest and principal	interest Refer to the Cash Flow Schedule
10.	Charge I security, if any, createdover the assets	NCDs - TrancheI are unsecured
11.	Special right / interest I privilegesattached to the instrument andchances thereof	Nil
12.	Delay in payment of interest I Not Applicableprincipal amount for a period ofmore than three months from thedue date or default in payment ofinterest / principal
13.	Details of any letter or commentsregarding payment / non-paymentof interest, principal on due dates,or any other matter concerningthe security and I or the assetsalong with its comments thereon,if any	Not Applicable
14.	ofDetailsredemptionpreference SRaFes iRElisatiR€j tl=leFfl8RR8F ef F888FRJ3tieR ~wl=letl=leFeut ef 13rnfits eF eut ef fresl=l issue)ami-debentures	of Not Applicable