Patel Integrated Logistics Ltd — Capital/Financing Update 2023

Feb 23, 2023

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PILL:SEC: NBA: 2022-23/68

To, BSE Limited Department of Coporate Services (Listing Department) Phiroze Jeejeebhoy Towers Dalal street Mumbai-400 001 Maharashtra, India.

To, National Stock Exchange of India Limited Listing Compliance Department Exchange Plaza, Bandra Kurla Complex Bandra East, Mumbai - 400 051 Maharashtra, India.

BSE Script Code – 526381 NSE Symbol – PATINTLOG

Date: 23[rd] February, 2023

Dear Sir/Ma’am

Sub.: Prepaid the loan amounting approximate to Rs.39 crore and release of mortgage properties to Banks/NBFCs

With reference to the captioned subject, During the current financial year 2022-23 till date the company has prepayment approximate Rupees 39 Crore loan.

Due to this, the company’s financials will be benefited as under:

• i) Reduction in interest cost due to prepayment of loan

• ii) Release of various properties given as mortgage to Banks/NBFCs

The company will further evaluate multiple options to monetise the properties becoming mortgage free from the bank.

We request you to kindly take this aforementioned information on records.

Thanking you,

Yours sincerely,

For and on behalf of Patel Integrated Logistics Limited

Digitally signed by AVINASH PAULRAJ DN: c=IN, postalCode=400078, st=MAHARASHTRA, street=ABHUDAYA BANK, E-13, CHETNA APT, S.P.S. MARG, MUMBAI, AVINASH l=MUMBAI, o=Personal, serialNumber=042dc2ea2f8b17282d83ce4b26 e140c4063598f6186dab4840648926db9b8c21, pseudonym=120e944d15554a979ccb6d3b471b29b7, 2.5.4.20=62adaf96970662209c30fa66608b620 PAULRAJ 8f0cc27fd55df387ae3c77866e0361bbd, email=AVINASH.PAULRAJ@GMAIL.COM, cn=AVINASH PAULRAJ Date: 2023.02.23 16:11:09 +05'30'

Avinash Paul Raj

Company secretary cum compliance officer

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