Global Surfaces Limited — Capital/Financing Update 2023

May 9, 2023

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Ref: GSL/SEC/2023-24/12 Date: May 09, 2023

To BSE Limited National Stock Exchange of India Limited Dept of Corporate Services The Listing Department Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G, Dalal Street, Fort, Bandra Kurla Complex, Bandra (East), Mumbai 400 001 (Maharashtra) Mumbai 400 051 (Maharashtra) Scrip Code: 543829 Symbol: GSLSU

Subject : Intimation of Repayment of loan out of Initial Public Offer proceeds.

Dear Sir/Madam,

In compliance with Regulation 30 and other applicable regulations, if any, of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements), 2018, we wish to inform you that the company has repaid the Term loan amounting to USD 48,94,768 equivalent to (Rs. Four Hundred and One Million Approx.) of HDFC Bank out of Initial Public Offer proceeds as mentioned in the prospectus dated March 16, 2023. The repayment will result in the reduction of the financial expenses.

You are requested to take on record the above information.

Thanking you Yours faithfully,

For Global Surfaces Limited

Digitally signed ASEEM by ASEEM SEHGAL SEHGAL Date: 2023.05.09 10:02:22 +05'30'

Aseem Sehgal Company Secretary and Compliance Officer M. No.: A55690

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