Birla Cable Limited — Capital/Financing Update 2024

Aug 24, 2024

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BIRLA CABLE/CS/24-25/ Reg.30

24 AUGUST 2024

BSE Limited, National Stock Exchange India Ltd. BSE’s Corporate Relationship Department, Listing Department, 1[st] Floor, New Trading Ring, “Exchange Plaza’, C-1, Block G, Rotunda Building, Bandra Kurla Complex, P.J.Towers, Dalal Street, Fort, Bandra (E), MUMBAI-400 001 MUMBAI -400 051

Company’s Scrip Code: 500060

Company’s Scrip Code: BIRLACABLE

Dear Sirs,

Sub: Disclosure under Regulation 30 of the SEBI (LODR) Regulations,

We would like to inform you that the Company has executed a Deed of Corporate Guarantee in favour of SBICAP Trustee Company Limited for an amount of Rs. 600 Crores as collateral for securing the regular Working Capital Credit Facilities sanctioned to Vindhya Telelinks Limited.

The details required under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated 11[th] July, 2023 and SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated 13[th] July, 2023 are enclosed herewith and marked as Annexure – ‘A’ .

This is for your information and record.

Thanking you,

Yours faithfully, For Birla Cable Limited

NITIN Digitally signed by NITIN ARORA ARORA Date: 2024.08.24 08:44:31 +05'30' (Nitin Arora) Company Secretary

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“Annexure – A”

Sr. No.	Particulars	Details
i)	Name of party for which such guarantees or indemnity or surety was given;	Vindhya Telelinks Limited
ii)	Whether the promoter/ promoter group/ group companies have any interest in this transaction? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”;	Vindhya Telelinks Limited (VTL), a Promoter Company holds 5800100 equity shares representing 19.33% of paid-up equity share capital of the Company whereas the Company holds 100 equity shares of VTL. Shri Harsh Vardhan Lodha, Shri D.R. Bansal, Shri Bachh Raj Nahar and Smt. Kiran Aggarwal are also Directors on the Board of VTL.
iii)	Brief details of such guarantee or indemnity or becoming a surety viz. brief details of agreement entered (if any) including significant terms and conditions, including amount of guarantee;	The Company has given a Corporate Guarantee in favour of SBICAP Trustee Company Limited acting as Security Trustee for the benefit of State Bank of India, Axis Bank Limited, IDBI Bank Limited, RBL Bank Limited, HDFC Bank Limited, IDFC First Bank Limited, Yes Bank Limited and Bank of Baroda ("Consortium Banks") as collateral for securing the enhanced working capital credit facilities granted/to be granted to Vindhya Telelinks Limited.
iv)	Impact of such guarantees or indemnity or surety on listed entity.	The Corporate Guarantee is treated as contingent liability in the books of the Company.

Digitally signed NITIN by NITIN ARORA Date: ARORA 2024.08.24 08:44:57 +05'30'

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