(CIN-L65923DL1985PLC195299)

November 13, 2021

The National Stock Exchange of India Limited Exchange Plaza, C-I, Block G Bandra-Kurla Complex Bandra (E), Mumbai - 400051 (Symbol- CAPTRUST)

BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai -400001 (Scrip Code-511505) Dear Sir/Madam,

Sub: Outcome of Board Meeting under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 30 read with Part A ofPart A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is informed that the Board of Directors of the Company at its meeting held today i.e. November 13, 2021 has inter-alia considered, approved and took note of the following businesses:

Un-audited financial statements of the company (consolidated and standalone) for the quarter ended on September 30, 2021 along with limited review report from the Statutory Auditors of the company;
Resignation of M/s Singhi & Co, current Statutory Auditors of the Company, Pursuant to RBI Circular (Ref. No. DoS. CO.ARG/SEC.01/08.91.001/2021-22 dated April 27, 2021, restricting any audit firm not to held statutory audit of more than eight NBFCs at a time.

(CIN-L65923DL1985PLC195299)

Further, the meeting commenced at 03.45 p.m. and concluded at 05.00 p.m.

We are hereby enclosing the financial results along with limited review report for your information and record.

Thanking you, Yours faithfully, For Capital Trust Limited

Tanya Sethi Company Secretary Contact no: 9953437505 Email Id : [email protected]

Unit No. 1704, 17th Floor, Tower B, World Trade Tower, DND FLyway, C-01, Sector 16, Noida-201301, Delhi-NCR (India) | Ph:(0120) 2970005 Mob. 9205575996 E-mail: [email protected] | Website: www.singhico.com

Independent Auditor's Review Report on Unaudited Consolidated Financial Results for the quarter and half year ended September 30, 2021 Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Requlation 2015, as amended

To Board of Directors of Capital Trust Limited

1. We have reviewed the accompanying Statement of Consolidated Unaudited Financial Results of Capital Trust Limited ('the Parent") and its subsidiaries (the Parent and its subsidiaries together referred to as "the Group") for the quarter and half year ended September 30, 2021, ("the Statement") being submitted by the Parent pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Requiations, 2015, as amended.
1. This Statement, which is the responsibility of the Parent's Management and approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review
1. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
1. The Statement includes the results of the following subsidiaries:
- a. Capital Trust Microfinance Pvt. Ltd.

MUMBAI

b. Capital Trust Housing Finance Pvt. Ltd.
1. The unaudited consolidated financial results include the interim financial results of abovementioned subsidiaries which have not been reviewed by their auditors, whose interim financial results reflect total assets of Rs. 5287.24 Lakhs as at September 30, 2021, total revenue from operation of Rs. 197.54 Lakhs and Rs. 390.45 Lakhs, total net profit/(loss) after tax of Rs. 51.31 Lakhs and Rs. 97.49 Lakhs and total comprehensive income/(loss) of Rs. 51.31 Lakhs and Rs. 97.49 Lakhs for the quarter and half year ended September 30, 2021 respectively as considered in the unaudited consolidated financial results. These financial statements were certified by the management of the respective companies. According to the information and explanations given to us by the management, these interim financial results are not material to the Group.

BENGALURU

Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement read with notes therein, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard (Ind AS) and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement.

For Singhi & Co. Chartered Accountants Firm Registration No. 302049E

han

Chanderkant Choraria Partner Membership No. 521263 UDIN: 2152/263AAAABV3417

Place: Noida (Delhi - NCR) Date: November 13, 2021

BENGALURU

CIN No.: L65923DL1985PLC195299

Regd & Corp.Office: 205, Centrum Mall, Sultanpur, M G Road, New Delhi - 110030

STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR QUARTER AND HALF YEAR ENDED

(Rs. in Lakhs exceptEPS)

30TH SEPTEMBER, 2021

	3monthsended	Preceding3monthsended	Corresponding3monthsendedinthepreviousyear	Yeartodatefiguresforcurrentperiodended	Yeartodatefiguresforpreviousperiodended	Previousyearended
	30-Sep-21Unaudited	30-Jun-21Unaudited	30-Sep-20Unaudited	30-Sep-21Unaudited	30-Sep-20Unaudited	31-Mar-21Audited
Revenuefromoperations
InterestIncomeDividendIncome	2,005.69-	1,866.53-	2,158.68-	3,872.22-	4,592.49-	9,166.09-
Netgainonfairvaluechanges	66.88	57.51	50.56	124.39	205.47	308.47
FeesandcommissionIncome	189.50	123.61	83.82	313.11	141.08	427.97
Netgainonderecognitionoffinancialinstrumentsunderamortisedcostcategory	-	-	-	-	-	71.02
ReversalofImpairmentonfinancialinstruments		--	-	-	-	23.10
Otherrevenues	359.27	224.10	400.69	583.37	528.68	1,382.98
Otherincome	6.12	5.43	8.20	11.55	58.35	79.19
TotalIncome	2,627.46	2,277.18	2,701.95	4,904.64	5,526.07	11,458.82
Expenses
Financecosts	748.64	806.08	850.80	1,554.72	1,720.93	3,311.91
Feesandcommissionexpense	87.19	74.64	105.16	161.83	159.08	405.39
Impairmentonfinancialinstruments	149.47	2,013.51	170.82	2,162.98	758.78	3,526.97
Employeebenefitsexpense	963.79	838.09	995.87	1,801.88	1,807.09	3,934.38
Depreciation,amortizationandimpairment	7.26	13.11	11.77	20.37	30.46	57.64
Otherexpenses	552.51	428.26	458.79	980.77	656.73	3,160.28
Totalexpenses	2,508.86	4,173.69	2,593.21	6,682.55	5,133.07	14,396.57
Profit/(Loss)beforeexceptionalitemsandtax	118.60	(1,896.51)	108.74	(1,777.91)	393.00	(2,937.75)
Exceptionalitems	-	-	-	-	-	-
Profit/(Loss)beforetax	118.60	(1,896.51)	108.74	(1,777.91)	393.00	(2,937.75)
Taxexpense
Currenttax	14.20	15.64	42.44	29.84	81.37	80.02
Deferredtax	17.42	(531.82)	(21.17)	(514.40)	11.59	(655.32)
Profit/(loss)fortheperiod(A)	86.98	(1,380.33)	87.47	(1,293.35)	300.04	(2,362.45)
Othercomprehensiveincome(OCI)Itemsthatwillnotbereclassifiedtoprofit&lossRemeasurementofdefinedbenefit	-	-	-	-	-	(12.75)
liabilities/assets(netoftax)
Totalothercomprehensiveincomeforperiod(B)	-		--		--	(12.75)
Totalcomprehensiveincome(A+B)	86.98	(1,380.33)	87.47	(1,293.35)	300.04	(2,375.20)
Paid-upEquityShareCapital(FaceValueofRs.10pershare)	1,621.75	1,621.75	1,621.75	1,621.75	1,621.75	1,621.75
Earningsperequityshare(ofRs.10each)-Basic&Diluted(notannualized)(Rs.)	0.54	(8.51)	0.54	(7.98)	1.85	(14.57)

Capital Trust Limited CIN No.: L65923DL1985PLC195299 Regd & Corp.Office: 205, Centrum Mall, Sultanpur, M G Road, New Delhi - 110030 CONSOLIDATED BALANCE SHEET AS AT 30TH SEPTEMBER, 2021

		(Rs.inLakhs)
	Asat	Asat
Particulars	30-Sep-21	31-Mar-21
	Unaudited	Audited
ASSETS
FinancialAssets
CashandCashEquivelants	2,116.20	3,854.84
BankBalancesOtherThanAbove	5,185.97	4,094.01
Receivables
-OtherReceivables	274.33	168.02
Loans	19,583.30	24,256.21
Investments	4,219.54	4,095.16
OtherFinancialAssets	1,618.47	533.85
TotalFinancialAssets	32,997.81	37,002.09
NonFinancialAssets
CurrentTaxAssets(Net)	418.73	291.65
DeferredTaxAsset(Net)	3,547.70	3,033.30
Property,PlantandEquipment	173.28	190.04
RighttouseAsset	23.43	23.43
OtherIntangibleAssets	-	1.27
IntangibleAssetunderDevelopment	18.89	13.83
OtherNonFinancialAssets	161.08	155.54
TotalNonFinancialAssets	4,343.11	3,709.06
TotalAssets	37,340.92	40,711.15

LIABILITIES
FinancialLiabilities
TradePayables
DuetoMicroEnterprises&SmallEnterprises	-	-
DuetoOtherthanMicro&SmallEnterprises	13.64	55.24
DebtSecurities	8,008.34	5,551.56
Borrowings(OtherthanDebtSecurities)	11,401.72	15,661.53
SubordinatedLiabilities	4,482.15	4,479.23
LeaseLiabilities	20.05	23.78
OtherFinancialLiabilities	1,035.60	983.37
TotalFinancialLiabilities	24,961.50	26,754.71
Non-FinancialLiabilities
CurrentTaxLiabilities	14.91	1.23
Provisions	153.34	137.50
OtherNon-FinancialLiabilities	430.87	747.00
TotalNonFinancialLiabilities	599.12	885.73
EQUITY
ShareCapital	1,621.75	1,621.75
OtherEquity	10,158.55	11,448.96
TotalEquity	11,780.30	13,070.71
TotalLiabilitiesAndEquity	37,340.92	40,711.15

CIN No.: L65923DL1985PLC195299

Regd & Corp.Office: 205, Centrum Mall, Sultanpur, M G Road, New Delhi - 110030

STATEMENT OF UNAUDITED CONSOLIDATED CASH FLOW FOR THE HALF YEAR ENDED 30TH SEPTEMBER, 2021

		(Rs.inLakhs)
	Forthehalfyear	Forthehalf
Particulars	ended	yearended
	30-Sep-21	30-Sep-20
	Unaudited	Unaudited
Cashflowsfromoperatingactivities
Profitbeforetax	(1,777.92)	393.00

Adjustments:Depreciation,amortizationandimpairment	20.37	30.46

Impairmentonfinancialinstruments	2,162.98	758.78
Loanswrittenoff	-	116.90
Netgain/(loss)onderecognitionofproperty,plantandequipment	-	-
Net(gain)/lossonderecognitionofRighttoUseAsset	-	(34.22)
Gainonsaleofinvestments	-	(35.63)
Unrealised(gain)/lossonfairvaluechangesofinvestments	(124.39)	(169.85)
Effectiveinterestrateadjustmentforfinancialinstruments	97.48	(230.77)
Operatingprofitbeforeworkingcapitalchanges	378.52	828.67
(Increase)/decreaseofreceivables	(106.31)	30.67
(Increase)/decreaseofloans	2,454.67	645.75
(Increase)/decreaseofotherfinancialassets	(1,084.62)	1,098.25
(Increase)/decreaseofothernonfinancialassets	(5.52)	15.67
Movementinfixeddeposits	(1,091.97)	130.37
Increase/(decrease)oftradepayables	(41.59)	5.07
Increase/(decrease)ofotherfinancialliabilities	52.22	(469.27)
Increase/(decrease)ofprovisions	15.84	16.00
Increase/(decrease)ofothernon-financialliabilities	(313.18)	179.46
Increase/(decrease)ofleaseliabilities	(3.74)	(22.36)

Cashusedinoperatingactivities	254.32	2,458.28
Incometaxespaid	(143.24)	(45.15)
Netcashusedinoperatingactivities	111.08	2,413.13
Cashflowsfrominvestingactivities
Purchaseofproperty,plant&equipment	(7.41)	(24.62)
Proceedfromsaleofproperty,plant&equipment	-	-
Movementininvestments	-	(35.30)
Netcashusedininvestingactivities	(7.41)	(59.92)
Cashflowsfromfinancingactivities
ProceedsfromissueofNonConvertibleDebentures	-	3,046.32
Proceedsfromsecuritisedloansagainstpassthroughtransactions	2,442.71	2,453.16
Repaymentofborrowings(Net)	(4,285.04)	(6,916.65)
Netcashfromfinancingactivities	(1,842.33)	(1,417.17)

Netincrease/(decrease)incashandcashequivalents	(1,738.66)	936.04
Cashandcashequivalentsatthebeginningoftheyear	3,854.84	3,435.98
Cashandcashequivalentsattheendoftheperiod	2,116.18	4,372.02

Capital Trust Limited CIN No.: L65923DL1985PLC195299 Regd & Corp.Office: 205, Centrum Mall, Sultanpur, M G Road, New Delhi - 110030

Notes:

The business activity of the Company falls within a single segmentviz 'financing activities and hence there is no other reportable segmentas per Ind AS 108.
Covid 19 pandemic has led to significant disruptions for individuals and business, impacting Company's regular operations including lending and collection activities. A large segmentof our customers are linked to the local economy and operation in essential services. Due to this, in the opinion of management, there is signigficant increase of credit risk of such borrowers. Accordingly, the company has made additional provision during the quarter for estimated expected credit loss of Rs. 149.47 and carrying total additionalprovision of Rs. 4097.72 lakhs over and above normal provision, based on information available to reflect, among other things, the deterioration in the macro-economic factors. The Company estimates to recover the net carrying amount of its assets including investments, receivables and loans in the ordinary course of business based on information available on current economic conditions. The Company has adequate liquidity to discharge its obligations. Given the dynamic nature of pandemic situation, these estimates are based on current marketindicators and is subject to uncertainty and may be affected by the severity and duration of pandemic, including government and regulatory measures on the business and financial metrics of the Company.
(a) During the previous year as per the RBI Guidelines, the company has restructured the folowing business loans :

No.ofborrowers	No.ofaccountswhereresolutionplanhasbeenamendedunderthiswindow	Exposuretoaccountsmentionedbeforeimplementaionoftheplan
Unsecuredbusinessloans	6830	3269.22

(a) During the current half year the company has restructured the following small business loans as per the RBI circular RBI/2021-22/31 DOR STR.REC.11/21.04.048/2021-22 dated May 05, 2021 as presented in below table:

	Individual	borrowers	SmallBusinessLoan
Description	PersonalLoan	Businessloan
Numberofrequestsreceivedforinvokingresolutionprocess	-	18781	-
Numberofaccountswhereresolutionplanhasbeenimplementedunderthiswindow	-	18781	-
Exposuretoaccountsmentionedabovebeforeimplementationoftheplan	-	7,692.80	-
Ofaboveaggregateamountofdebtthatwasconvertedintoothersecurities	-	-	-
Additionalfundingsanctioned,ifany,includingbetweeninvocationoftheplanandimplementation	-	-	-
Increaseinprovisionsonaccountoftheimplementationoftheresolutionplan	-	769.28	-

* The company has already made provision over and above the provision required under the ECL. The additional provison is sufficeint to cover the 10% provision required for the restructured assets.

The Board of Directors have approved the mergerof its two wholly owned subsidiaries, i.e., Capital Trust Microfinance Private Limited and Capital Trust Housing Finance Private Limited with the Company,w.e.f 01 April 2021. Pending approval of the regulatory authorities, no impact on aboveresults have been considered.
The above results were reviewed by the Audit Committee and approved by the Board of Directors of the Company at their meeting held on 13th November, 2021. The Statutory Auditors have carried out a limited review of the above financial results.

For and on Behalf of Capital Trust Limited

Place: New Delhi Yogen Khosla Date : November 13, 2021 Chairman cum Managing Director

Independent Auditor's Review Report on Standalone Unaudited Financial Results for the quarter and half year ended September 30, 2021 Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, as amended

To the Board of Directors of Capital Trust Limited

1. We have reviewed the accompanying statement of standalone unaudited financial results ("the Statement") of Capital Trust Limited ('the Company") for the quarter and half year ended September 30, 2021. This Statement is the responsibility of the Company's Management and has been approved by the Board of Directors. Our responsibility is to issue a report on the statement based on our review.
We conducted our review of the Statement in accordance with the Standard on Review $\overline{2}$ Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial results are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.
Based on our review conducted as above, nothing has come to our attention that causes us to 3. believe that the accompanying statement of unaudited financial results read with notes therein, prepared in all material respects in accordance with the applicable accounting standards and other recognized accounting practices and policies, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement.

For Singhi & Co. Chartered Accountants Firm Registration No. 302049E

Chanderkant Choraria Partner Membership No. 521263 UDIN: 21521263AAAABU1487

Place: Noida (Delhi - NCR) Date: November 13, 2021

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MUMBAI

CHENNAI

BENGALURU