Trident Ltd — Capital/Financing Update 2021

May 15, 2021

TRIDENT/CS/2021 May 15, 2021

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The Manager The Manager Lis�ng Department Lis�ng Department Na�onal 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: Statement of Devia�on(s) or Varia�on(s) under Regula�on 52(7) of the SEBI (Lis�ng Obliga�ons and Disclosure Requirements) Regula�ons, 2015 read with SEBI Circular No. SEBI/HO/DDHS/08/2020 dated January 17, 2020

Ref: ISIN- INE064C07011 & Scrip Code- 960173

Secured, Rated, Listed, Redeemable, Non-Conver�ble Debentures of the face value of INR 10,00,000/- only each aggrega�ng to INR 1,250 Million, has been u�lized for the purpose(s) men�oned in the offer document. There is no devia�on or varia�on in u�liza�on of the proceeds of issue.

Further, pursuant to Regula�on 52(7) of the SEBI (Lis�ng Obliga�ons and Disclosure Requirements) Regula�ons, 2015 read with SEBI Circular No. SEBI/HO/DDHS/08/2020 dated January 17, 2020, the Statement of Devia�on(s) or Varia�on(s) in prescribed format, for the quarter and year ended March 31, 2021, duly reviewed and approved by the Audit Commi�ee in its mee�ng held on May 15, 2021 is enclosed herewith.

This is for your informa�on & records please. Thanking you, Yours faithfully For Trident Limited

Digitally signed by RAMANDEEP RAMANDEEP KAUR KAUR Date: 2021.05.15 15:17:56 +05'30' (Ramandeep Kaur) Company Secretary ICSI Membership No.: F9160

Encl: As above

Statement of Devia�on or Varia�on

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15/05/2021

TL/2021/009246

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Name of listed en�ty	Trident Limited	Trident Limited	Trident Limited	Trident Limited	Trident Limited
Mode of Fund Raising (Public Issues / Private Placement)	Private Placement
Type of instrument (Non- Conver�ble Debentures/Non- Conver�ble Redeemable Preference Shares)	Non-Conver�ble Debentures
Date of Raising Funds	November 3, 2020
Amount Raised (INR Crores)	Rs 125 Crores
Report fled for half year ended	March 31, 2021
Is there a Devia�on / Varia�on in use of funds raised ?	No
Whether any approval is required to vary the objects of the issue stated in the prospectus/ ofer document? (Yes / No )	No
If yes, details of the approval so required?	Not Applicable
Date of approval	Not Applicable
Explana�on for the Devia�on / Varia�on	Not Applicable
Comments of the audit commi�ee a�er review	Not Applicable
Comments of the auditors, if any	Not Applicable
Objects for which funds have been raised and where there has been a devia�on, in the following table	There has been no devia�on/ varia�on in the u�lisa�on of funds raised
Original Object	Modifed Object, if any	Original Alloca�on	Modifed alloca�on, if any	Funds U�lised	Amount of Devia�on/Varia�on for the half year according to applicable object (INR Crores and in %)	Remarks, if any

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The Subscrip�on Amount shall be u�lized for any or all the following purposes (“Purpose”): i.Reimbursement of capital expenditure incurred by the Company over last 6 (six) months, preceding the Deemed Date of Allotment; ii.Payment to creditors of the Company for the purpose of capital expenditure or towards rou�ne capital expenditure; iii.Payment of opera�onal creditors and other business expenses; iv.Refnancing of exis�ng loans; v.Reimbursement of transac�on expenses in rela�on to the Debentures.	NIL	Rs 125 Cr	NIL	Rs 125 Cr	Not Applicable	NIL

Devia�on could mean:

(a) Devia�on in the objects or purposes for which the funds have been raised

(b) Devia�on in the amount of funds actually u�lized as against what was originally disclosed

Thanking you, Yours faithfully For Trident Limited

RAMANDE Digitally signed by RAMANDEEP KAUR EP KAUR Date: 2021.05.15 15:18:23 +05'30' (Ramandeep Kaur) Company Secretary ICSI Membership No.: F9160

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15/05/2021

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