Capacit'e Infraprojects Limited — Capital/Financing Update 2024

Jun 11, 2024

==> picture [452 x 92] intentionally omitted <==

CIL/SE/2024-25/26 June 11, 2024

BSE Limited National Stock Exchange of India Limited P.J. Towers Exchange Plaza, C-1, Block G, Dalal Street Bandra Kurla Complex, Bandra (E) Mumbai- 400 001 Mumbai - 400 051 Scrip code: 540710 Symbol: CAPACITE

Sub: Outcome of Board Meeting

Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir / Madam,

In continuation of our notice dated June 6, 2024, Board of Directors in their meeting held today, inter-alia, considered and approved the issue of upto 1000 secured, unrated, unlisted, redeemable Non-convertible debentures (NCDs) of a face value of Rs. 10,00,000/-("Debentures") each, aggregating to up to ₹100,00,00,000 (Rupees One Hundred Crores) in one or more tranches on private placement basis.

The relevant details pertaining to the above, as required under Regulation 30 of the SEBI Listing Regulations is enclosed herewith as Annexures A

The meeting commenced at 11:40 AM and concluded at 12:20 PM.

Please take same on record.

This disclosure will also be hosted on Company’s website viz. www.capacite.in.

For any correspondence/ queries/ clarifications, please write to cs@capacite.in.

Thanking you

Yours faithfully, For Capacit'e Infraprojects Limited

Rahul Digitally signed by Rahul Kapur Date: 2024.06.11 Kapur 12:28:10 +05'30' Rahul Kapur Company Secretary and Compliance Officer

Encl: a/a

==> picture [537 x 109] intentionally omitted <==

Annexure A

==> picture [452 x 92] intentionally omitted <==

S. No.	Particulars	Details
1.	Type of securities proposed to be issued (viz. equity shares, convertibles etc.)	Secured Unrated Unlisted Redeemable Non- Convertible Debentures (NCDs)
2.	Type of issuance (further public offering, rights issue, depository receipts (ADR / GDR), qualified institutions placement, preferential allotment etc.)	Private Placement
3.	Total number of securities proposed to be issued or the total amount for which the securities will be issued (approximately)	Upto 1000 NCDs of a face value of Rs. 10,00,000 each, aggregating to Rs. 100,00,00,000 (Rupees One Hundred Crores)
Additional details as required in case of issuance of debt securities or other non- convertible securities,
1.	Size of the issue;	Upto Rs. 100,00,00,000/- (Rupees One Hundred Crores Only) to be drawn in or more tranches
2.	whether proposed to be listed? If yes, name of the stock exchange(s);	No
3.	Tenure of the instrument - date of allotment and date of maturity;	Date of Allotment: Date of Allotment of the debentures will be determined by the Company subsequently at the time of signing of definitive documents. Tenure / Date of Maturity: 42 months from the date of first subscription
4.	Coupon/interest offered, schedule of payment of coupon/interest and principal;	Coupon/ Interest Offered: 13.8% per annum (“Coupon”) compounded monthly, payable quarterly. Initial Coupon: 1.50% of the NCD subscription amount payable on 5th calendar day of the immediate subsequent month after the deemed date of allotment in connection with each tranche of Issue.

==> picture [537 x 109] intentionally omitted <==

==> picture [452 x 92] intentionally omitted <==

		Schedule of payment of Interest and Principle: Fourteen equal quarterly instalments starting from the date of first subscription.
5.	Charge / security, if any, created over the assets;	a) a first ranking exclusive charge, by way of pledge, over 35,00,000 equity shares of the Company and such additional equity shares of the Company as may be required to be created from time to time in order to maintain a share cover as agreed under the Transaction Documents; b) within 6 (six) months from the first deemed date of allotment, either (i) create a first ranking exclusive charge, by way of mortgage, by the Company over certain immovable properties of the Company which are required by the NCD holders or (ii) create a fixed deposit to the extent of Rs. 15,00,00,000 lien marked for the benefit of the NCD holder; c) a subservient charge subservient to the charge of other lenders as agreed to by the Debenture Trustee (other than debenture holders in connection with NCDs) of the Company, over all current assets of the Company (including the Company’s stocks of raw materials, semi-finished and finished goods, consumable stores and inventory), both present and future, of the Company; d) an unconditional and irrevocable personal guarantees from each of Mr. Rohit Katyal, Mr. Rahul Katyal, and Mrs. Sakshi Katyal; e) demand demand promissory note and letter of continuity; f) an unconditional and irrevocable corporate guarantee and/or undertakings from such persons as may be required by the Debenture Trustee; g) a first ranking exclusive charge, by way of hypothecation, by such persons as may be required by the Debenture Trustee over escrow account(s) and all monies lying therein in connection with cash flows from such identified projects of Issuer or any other person as may be required by the Debenture Trustee, but not on any project receivables of the issuer which are charged to the consortium; and h) such other security/charge required to be

==> picture [537 x 109] intentionally omitted <==

==> picture [452 x 92] intentionally omitted <==

		created pursuant to the terms of the Transaction Documents.
6.	Special right / interest / privileges attached to the instrument and changes thereof;	N.A.
7.	Delay in payment of interest / principal amount for a period of more than three months from the due date or default in payment of interest / principal;	Will trigger an event of default (as defined in the debenture trust deed) to be executed by the Company in connection with issuance of debentures
8.	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;	Not applicable
9.	Details of redemption of preference shares indicating the manner of redemption (whether out of profits or out of fresh issue) and debentures;	The Debentures shall be redeemed in 14 (fourteen) quarterly installments starting from the date of first subscription, out of profits/internal accruals of the Company.

==> picture [537 x 109] intentionally omitted <==