Trident Ltd — Capital/Financing Update 2020

Nov 3, 2020

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TRIDENT/CS/2020 November 3, 2020

The Manager, The Manager Listing Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C/1, G Block Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Bandra (E) Dalal Street Mumbai – 400 051 Mumbai – 400 001 Scrip Code:- TRIDENT Scrip Code:- 521064

Dear Sir/ Madam,

Sub: Allotment of Non- Convertible Debentures

In continuation to our letter TRIDENT/CS/2020 dated October 31, 2020 & in terms of the Regulation 30(2) and other applicable provisions of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, read with Para A of Part A of Schedule III of the Regulations, we would like to inform you that the Financial Management Committee in its meeting held today i.e November 3, 2020 (from 6:30 PM to 6:40 PM) has issued and allotted 1,250 Senior, Secured, Rated, Listed, Redeemable, Non-Convertible Debentures of the face value of INR 10,00,000/- only each, aggregating to INR 1,250 Million on Private Placement basis.

The details as required under the SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 with respect to issuance of securities are given in Annexure I.

This is for your reference and record.

Thanking you

Yours faithfully,

For Trident Limited

RAMANDEE Digitally signed by RAMANDEEP KAUR P KAUR Date: 2020.11.03 19:09:25 +05'30'

(Ramandeep Kaur) Company Secretary ICSI Membership No.: F9160

Encl: as above

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03/11/2020

TL/2020/002227

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Annexure I

Sr. No	Particulars	Details
1.	Type of securities proposed to be issued	Non- Convertible Debentures
2.	Type of issuance	Private Placement
3.	Total number of securities proposed to be issued or the total amount for which the securities will be issued (approximately)	1,250 Senior, Secured, Rated, Listed, Redeemable, Non-Convertible Debentures of the face value of INR 10,00,000/- only each aggregating to INR 1,250 Million
4.	Size of the issue	INR 1,250 Million
5.	Whether proposed to be listed? If yes, name of the stock exchange(s)	Yes, the same will be listed on the Wholesale Debt Market (WDM) Segment of the BSE Limited
6.	Tenure of the instrument - date of allotment and date of maturity	Tenure- 4 years Date of Allotment- November 3, 2020 Date of Maturity- November 3, 2024
7.	Coupon/interest offered, schedule of payment of coupon/interest and principal	Interest Rate at rate of 6.83% per annum (“Initial Interest Rate”) shall be payable semi-annually from Deemed Date of Allotment till the next Interest Reset Date. The Debentures will be redeemed at par in four equal instalments at the end of 15th, 27th, 36th and 48th months from the Deemed Date of Allotment.
8.	Charge/security, if any, created over the assets	As per Information Memorandum
9.	Special right/interest/privileges attached to the instrument and changes thereof	Not Applicable
10.	Delay in payment of interest / principal amount for a period of more than three months from the due date or default in payment of interest / principal	Not Applicable
11.	Details of any letter or comments regarding payment/non-payment of interest, principal on due dates, or any other matter concerning the security and /or the assets along with its comments thereon, if any	Not Applicable
12.	Details of redemption of debentures	The Debentures will be redeemed at par in four equal instalments at the end of 15th, 27th, 36th and 48th months from the Deemed Date of Allotment

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03/11/2020

TL/2020/002227