Sandhar Technologies Limited — Capital/Financing Update 2023

Nov 20, 2023

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Ref: STL/SE/2023-24/Regulation 30/48

Dated: 20[th] November, 2023

To, Department of Corporate Services BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001

To,

Listing Department, National Stock Exchange of India Limited C-1, G-Block, Bandra-Kurla Complex, Bandra (East) Mumbai – 400 051

BSE Code: 541163; NSE: SANDHAR

Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Respected Sir/Madam,

Pursuant to Clause 5 of Para B of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI circular dated July 13, 2023, we enclose herewith the requisite details in respect of the agreement entered & disbursement of loan of Euro 1,350,000 to Sandhar Technologies Barcelona S.L. (STB), a wholly owned subsidiary of Sandhar Technologies Limited (STL).

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----- Start of picture text ----- S.No. Particulars Details1. Name(s) of parties with whom the Sandhar Technologies Barcelona S.L. (STB), aagreement is entered. wholly owned subsidiary of the STL.2. Purpose of entering into the Loan to STB.agreement.3. Size of agreement Loan of Euro 1,350,000 to STB.4. Shareholding, if any, in the entity STB is a wholly-owned subsidiary of STL.with whom the agreement isexecuted.5. Significant terms of the agreement Interest Rate: 10% p.a.(in brief) special rights like right toappoint directors, first right to Term of Loan & Repayment: The loan is re-share subscription in case of payable, along with the accrued interest, on orissuance of shares, right to restrict before March 30 [th] , 2024 or such other date asany change in capital structure etc. may be mutually decided by STL and STB.6. Whether, the said parties are Yes. STB is a wholly-owned subsidiary of therelated to promoter/promoter STL.group/ group companies in anymanner. If yes, nature ofrelationship.7. Whether the transaction would fall Yes. The transaction is at arm’s length basiswithin related party transactions? If----- End of picture text -----

Sandhar Technologies Limited

Corporate Office: 13, Sector-44, Gurugram-122 002, Haryana, India. Ph: + 91 12-4518900 Registered Office: B-6/20, L.S.C., Safdarjung Enclave, New Delhi-110 029, India, Ph: +91-11-40511800 E-mail: enquiries@sandhar.in, website: www.sandhargroup.com; CIN-L74999DL1987PLC029553

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----- Start of picture text ----- yes, whether the same is done at“arm’s length”.8. In case of issuance of shares to the Not Applicableparties, details of issue price, classof shares issued.9. In case of loan agreements, details Lender: Sandhar Technologies Limitedof lender/borrower, nature of theloan, total amount of loan Borrower: Sandhar Technologies Barcelonagranted/taken, total amount S.L.outstanding, date of execution ofthe loan agreement/sanction letter, Nature of Loan: Unsecured Loandetails of the security provided tothe lenders / by the borrowers for Amount of Loan: Euro 1,350,000such loan or in case outstandingloans lent to a party or borrowed Date of Execution of Agreement : 20 [th] Nov,from a party become material on a 2023.cumulative basis.Security Provided, if any: NilAmount of Loan Outstanding as on date(excluding this loan) : Euro 1,000,00010. Any other disclosures related to NILsuch agreements, viz., details ofnominee on the board of directorsof the listed entity, potentialconflict of interest arising out ofsuch agreements, etc.11. Name(s) of parties with whom the Sandhar Technologies Barcelona S.L.agreement is entered.----- End of picture text -----

Kindly take the same on record.

Thanking You Yours Faithfully

For Sandhar Technologies Limited

Komal Digitally signed by Komal Malik Malik Date: 2023.11.20 11:50:45 +05'30' (Komal Malik) Company Secretary & Compliance Officer

Sandhar Technologies Limited

Corporate Office: 13, Sector-44, Gurugram-122 002, Haryana, India. Ph: + 91 12-4518900 Registered Office: B-6/20, L.S.C., Safdarjung Enclave, New Delhi-110 029, India, Ph: +91-11-40511800 E-mail: enquiries@sandhar.in, website: www.sandhargroup.com; CIN-L74999DL1987PLC029553