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Tilaknagar Industries Ltd Regulatory Filings 2020

Mar 31, 2020

60357_rns_2020-03-31_730a9bf5-dc73-4e90-970c-0dcd431a0c2f.pdf

Regulatory Filings

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CIN: L15420PN1933PLC133303

Registered Office: P.O. Tilaknagar, Tal. Shrirampur, Dist. Ahmednagar, Maharashtra-413 720 Corporate Office: 3[rd] Floor, Industrial Assurance Building, Churchgate, Mumbai, Maharashtra-400 020 Email : [email protected], Website: www.tilind.com, Phone: +91 22 22831716/18, Fax: +91 22 22046904

ONLINE FILING

Ref: TI/NSE/COMP/2019-20/101 March 31, 2020

To, The Manager (Listing), National Stock Exchange of India Ltd., Exchange Plaza, Plot no. C / 1, G Block, Bandra - Kurla Complex, Bandra (E), Mumbai - 400 051 Ph No.: 022 26598235/36 Fax No.:022 26598120/237 /238

Sub: Statement of Disclosures on defaults on payment of interest/ repayment of principal amount on loans from banks/financial institutions under SEBI Circular No. SEBI/HO/CFD/CMDl/ CIR/P/2019/140 dated November 21, 2019 Ref: Scrip Code – TI

Dear Sir/Madam,

Pursuant to SEBI Circular No. SEBI/HO/CFD/CMDl/CIR/P/2019/140 dated November 21, 2019, please find enclosed herewith the Statement of Disclosures on defaults on payment of interest/repayment of principal amount on loans from banks/financial institutions in the prescribed format.

Kindly acknowledge the receipt and take the same on your record.

Thanking you,

Yours faithfully,

For Tilaknagar Industries Ltd.

Digitally signed by GAURAV BRAHMDEV THAKUR GAURAV DN: c=IN, o=Personal, postalCode=401208, st=Maharashtra, 2.5.4.20=eeeb60b9266735dbdea85be4061670fb0a1a0177 BRAHMDEV 85209e3e5762ec5321b75d45, serialNumber=8acae4809d7b06f2335e846477b2a278e32 THAKUR a3863e94da911829d49b11330c11a, cn=GAURAV BRAHMDEV THAKUR Date: 2020.03.31 15:49:04 +05'30' Gaurav Thakur Company Secretary Encl: a/a

Form C1

a. For loans including revolving facilities like cash credit from banks/financial institutions:

a. For loans including revolving facilities like cash credit from banks/financial institutions: a. For loans including revolving facilities like cash credit from banks/financial institutions: a. For loans including revolving facilities like cash credit from banks/financial institutions: a. For loans including revolving facilities like cash credit from banks/financial institutions:
Sr.No. Type of Disclosure Details
1 Name of the Listed Entity Tilaknagar Industries Ltd.
2 Date of makingthe disclosure March 31, 2020
3 Nature of obligation Term Loan(Secured)
4 Name of the Lender(s) Edelweiss Asset Reconstruction CompanyLtd. - Term Loan Total
5 Date of default 29-02-2020
6 Current default amount:
6a. Principal(in INR crore) 10.00 10.00
6b. Interest(in INR crore) - -
7 Details of the obligation(as on 29.02.2020):
7a. Totalprincipal amount(in INR crore) 279.54 279.54
7b. Tenure From April 01, 2019 toMarch 31, 2024
7c. Interest rate 9.00%p.a.
7d. Secured/unsecured Secured
8 Total amount of outstanding borrowings frombanks/financial institutions (in INR crore) - Provisional 523.32
9 Total financial indebtedness of the listed entity includingshort-term and long-term debt (in INR crore ) - Provisional 727.92

For Tilaknagar Industries Ltd.

Digitally signed by GAURAV BRAHMDEV THAKUR GAURAV DN: c=IN, o=Personal, postalCode=401208, st=Maharashtra, 2.5.4.20=eeeb60b9266735dbdea85be4061670fb0a1 BRAHMDEV a017785209e3e5762ec5321b75d45, serialNumber=8acae4809d7b06f2335e846477b2a27 8e32a3863e94da911829d49b11330c11a, THAKUR cn=GAURAV BRAHMDEV THAKUR Date: 2020.03.31 15:52:14 +05'30' Gaurav Thakur Company Secretary