Trident Ltd — Capital/Financing Update 2023

Mar 29, 2023

TRIDENT/CS/2023 March 29, 2023

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Na�onal Stock Exchange of India Limited

Exchange Plaza, Plot No. C/1, G Block Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Scrip Code: TRIDENT

BSE Limited

Phiroze Jeejeebhoy Towers Dalal Street, Mumbai – 400 001 Scrip Code: 521064

Sub: Outcome of Financial Management Commi�ee mee�ng

Dear Sir / Madam,

In terms of Regula�on 30 and other applicable provisions of the SEBI (Lis�ng Obliga�ons and Disclosure Requirements) Regula�ons, 2015, and in terms of our le�er dated May 30, 2022, this is to inform that the Financial Management Commi�ee (‘FMC’) of Trident Limited (the ‘Company’) in its mee�ng held today i.e. March 29, 2023, has approved the issuance and allotment of 250 unrated, unlisted, secured, redeemable, senior, non-conver�ble debentures (‘NCD’ / ‘Debentures’) having face value of INR 10,00,000/- each, aggrega�ng to INR 25 Crores on Private Placement basis on such terms and condi�ons as enclosed in Annexure-I .

Thanking you,

Yours faithfully,

For Trident Limited HARI DN: c=IN, o=Personal, 2.5.4.20=c9fde4193e20f1e8b95d484e29816ace496

Digitally signed by HARI KRISHAN DN: c=IN, o=Personal, 2.5.4.20=c9fde4193e20f1e8b95d484e29816ace496 HARI 0e52f3dc34edd0532ba0eaf8695aa, postalCode=141001, st=PUNJAB, serialNumber=ea533b4c2729ed8d50a21ffd76d3a9 a9a834a51811b922737d7de692215d913e, cn=HARI KRISHAN, l=LUDHIANA, title=6962, KRISHAN pseudonym=696220210709111712472, email=HARIKRISHAN@TRIDENTINDIA.COM Date: 2023.03.29 16:17:23 +05'30' (Hari Krishan) Company Secretary

Encl: As above

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29/03/2023

TL/2023/031877

Annexure-I

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Pursuant to Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015

Type of securi�es proposed to be issued	Unlisted Secured Non-Conver�ble Debentures
Type of issuance	Private Placement
Total number of securi�es proposed to be issued or the total amount for which the securi�es will be issued	No. of securi�es: 250 Total amount: INR 25 Crore
Size of the issue	INR 25 Crore
Whether proposed to be listed?	No
Tenure of the instrument - date of allotment and date of maturity	Tenure: 3 Years Date of Allotment: March 29, 2023 Date of Maturity: March 29, 2026
Coupon/interest ofered, schedule of payment of coupon/ interest and principal	9% p.a. (Fixed), Interest is payable on Quarterly basis star�ng June 29, 2023 and every 3 months therea�er �ll the fnal maturity date. The Debentures will be redeemed at par in four equal instalments at the end of 18th, 24th, 30th and 36th months from the Date of Allotment.
Charge/security, if any, created over the assets	Debentures shall be secured, either way of FDR or Mortgage / Hypotheca�on over Land / Building, as may be mutually agreed between the Company and the Debenture Holder.
Special right / interest / privileges a�ached to the instrument and changes thereof	No
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
Details of any le�er or comments regarding payment/non- payment of interest, principal on due dates, or any other ma�er concerning the security and /or the assets along with its comments thereon, if any;	Not applicable
Details of redemp�on of preference shares indica�ng the manner of redemp�on (whether out of profts or out of fresh issue) and debentures	Not applicable

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29/03/2023

TL/2023/031878