Exide Industries Ltd. — Share Issue/Capital Change 2023

Sep 12, 2023

JITENDRA KUMAR Digitally signed by JITENDRA KUMAR MOHAN LAL MOHAN LAL Date: 2023.09.12 17:07:15 +05'30'

a.	Name(s)ofparties with whom the agreement	ZillicaRenewablesPrivateLimited, acompany
	isentered	incorporated under the Companies Act, 2013
		(hereinafterreferred to asthe"Zillica/SPY") and
		Cleantech Solar India OA 2 Pte. Ltd.(hereinafter
		referred toas"Cleantech")
b.	Purposeofentering into the agreement	Procure solarenergy forCML'sfactory at Supa Partner
		Industrial Park, Tai-Pamer, Ahmednagar, Maharashtra
		from the Solar Captive Power Plant to be set up by the
		SPY at Latur,inthe stateofMaharashtra with a gross
		capacityofapproximately 4 (four) MWp.
c.	Shareholding,ifany, in the entity with whom	To subscribe equity shares comprising upto 26.33%ofthe
	the agreementisexecuted	issued and paid up share capitalofSPY.
d.	Significant termsofthe agreement (in brief)	Theagreement has various customary minority protection
	special rights like right to appoint directors,	rights, including the optional rightofthe shareholders to
	first right to share subscription in caseof	nominate directors on the boardofthe'SPY',alistof
	issuanceofshares, right to restrict any change	reserved matters which require the affirmative approval
	in capital structure, etc.	ofCML, exit rights upon the occurrenceofan eventof
		default, mutual rights in connection with any proposal by
		either party to transfer sharesinSPY to an affiliate/ third
		party.
e.	Whether, the said parties are related to	SPYisnot related to the promoter/ promoter group/ group
	promoter/promoter group/ group companies in	companiesofExide Industries Limited or CML.
	any manner.Ifyes, natureofrelationship
f.	Whether the transaction would fall within	Thetransaction would not fall within Related Party
	related party transactions?ifyes, whether the	Transaction
	sameisdone at "arm's length"
g.	In caseofissuanceofshares to the parties,	Tosubscribe equity shares comprising upto26.33%of
	detaiIsofissue price, classofshares issued	the issued and paid up share capitalofSPY aggregating
		upto Rs. 1.76 crore (Rupees One crore Seventy -six lakh
		only)
h.	Anyother disclosures related to such	NA
	agreements, viz.,detailsofnominee on the
	boardofdirectorsofthe listed entity, potential
	conflictofinterestansmgoutofsuch
	agreements, etc