Britannia Industries Ltd. — Capital/Financing Update 2021

Jun 3, 2021

3rd June, 2021

To, The Secretary BSE Limited Sir Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai- 400 001 Security code: 500825

The Manager- Listing Department, National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C/1, G-Biock, Bandra-Kurla Complex, Bandra (East), Mumbai -400 051 Symbol: BRITANNIA

Dear Sir/Madam,

SUB: Outcome of Bonus Debenture Committee M eeting held on 3rd June, 2021 REF: Regulation 30 of SEBI (Usting Obligations and Disclosure Requirements) Regulations 2015, as amended.

With reference to the above cited subject and the Scheme of Arrangement between Britannia Industries Limited and its Members, approved by the National Company Law Tribunal, Kolkata bench by its order dated 71 h May 2021 ("Scheme of Arrangement"), we wish to inform you that the Bonus Debenture Committee of the Board of Directors of the Company at its meeting held today i.e., Thursday, 3rd June, 2021 inter alia approved the allotment of unsecured, non-convertible, redeemable, fully paid up debentures having a face value of Rs. 29 each ("Bonus Debentures") and payment of dividend of Rs. 12.50, for 1 fully paid up equity share of face value of Re. 1 each, subject to deduction of applicable taxes, in accordance with the Scheme of Arrangement, to the Members holding equity shares as on Thursday, 27th May 2021 (the "Record Date").

The required details in relation to the bonus debentures are given below:

Particulars	Terms
Listing	Bonus Debentures are proposed to be listed on BSE Limited and National Stock Exchange of India limited
Size of the Issue	INR 698,51,80,584 (Indian Rupees Six Hundred Fifty One Lakhs Eighty Ninety Eight Crores Thousand Five Hundred and Eighty Four)
Tenor	3 Years
Credit Rating	The Bonus Debentures have been assigned the following credit ratings- • CRISil AM/Stable; and • ICRA AAA/ Stable

Executive Office : Prestige Sbantiniketan,The Business Precinct, Tower C,l6th & l7Lh Floor, Whitefield Main Road, Mahadevapura .Post, Bangalore - 560048. Tel: 080 39400080 Fax : 080 25063229 www.btitannia co. in CIN: Ll5412WB1918PLC002964

-. Britannia Industries Limited Registered Office: 5/IA, Hungerford Street, Kolka Ia - 700 017 • West Bengal

Coupon offered	5.5% per annum
Schedule of payment of coupon/interest and principal	Coupon- Annually i.e., at the end of 12 calendar month period from t he date of allotment of debentures on the outstanding balance of each debenture. Principal - Bullet repayment at the end of the
	tenor of the debentures.
Date of allotment and date of redemption	Date of allotment: 3rd June 2021 Date of redemption: 3rd June 2024
Charge/ Security, if any created over the assets	Unsecured
Special right/interest/privileges attached to the instrument and changes thereof	None
Delay in payment of interest I principal amount for a period of more than three months from the due date or default in payment of interest I principal	As per the terms and conditions of the Debenture Trust Deed.
Details of any letter or comments regarding payment/non-payment of interest, principal on due dates, or any other matter concerning the security and /or the assets along with its comments thereon, if any	None
Details of redemption of debentures	The Bonus Debentures will be redeemed after 3 years from the date of allotment.

We request you to kindly take the above information on records.

Thanking you,

Yours faithfully, For Britannia Industries limited

T. V Thulsidass Company Secretary Membership No: A20927

Britannia Industries Limited Executive Office : Prestige Sbantiniketan,The Business Precinct, Tower C,l6th & l7Lh Floor, Whitefield Main Road, Mahadevapura .Post, Bangalore - 560048. Tel: 080 39400080 Fax : 080 25063229 www.btitannia co. in CIN: Ll5412WB1918PLC002964

-. Registered Office: 5/IA, Hungerford Street, Kolka Ia - 700 017 • West Bengal