Vippy Spinpro Ltd. — Capital/Financing Update 2025

Apr 12, 2025

VSL/2024-25/46

12[th] April, 2025

To, Department of Corporate Services, BSE Limited 25[th] Floor, P.J. Towers, Dalal Street, Mumbai-400001 IN

SUB: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015

Scrip Code: 514302

Dear Sir/Madam,

This is in continuation of our corporate announcement on exchange dated 22[nd] March, 2025, regarding information of a plan for expansion programme in Company’s unit located at 14-A, Industrial Area, AB Road, Dewas (MP) - 455001. The Company is further Planning for installation of New Machinery estimated at Rs. 5902.90 lakhs (Approx.). For which Company is in Process of executing Term loan agreement of Rs. 4427 Lakhs as per offer letter given by HDFC Bank and the balance from internal accruals.

The Details required under Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No.’s SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023 and CIR/CFD/CMD/4/2015 dated September 9, 2015, are enclosed herewith as Annexure-1.

The aforesaid information is also being placed on the website of the Company at www.vippyspinpro.com.

Please take the above information on your record.

Thanking You.

Yours Faithfully

For Vippy Spinpro Limited

Digitally signed by PULKIT PULKIT MAHESHWARI MAHESHWARI Date: 2025.04.12 10:52:51 +05'30'

Pulkit Maheshwari CS, Compliance Officer & CFO M.No. ACS 68690

Encl: a/a

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ANNEXURE I

Details required under the Listing Regulations read with SEBI Circular No.’s SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 and CIR/CFD/CMD/4/2015 dated September 9, 2015

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a. Name(s) of parties with whom the
HDFC BANK LIMITED
agreement is entered
To avail credit facilities in
b. Purpose of entering into the agreement the form of Term Loan (TL)
for Rs. 442,700,000/-
(Rupees Four hundred and
Forty Two Million, Seven
Hundred Thousand Only)
from HDFC Bank Limited
for Installation of New
Machines for Optimizing
Production & Profitability.
c. Size of agreement
INR 442,700,000/- Rupees
Four hundred and Forty
Two Million , Seven
Hundred Thousand Only
d. Shareholding, if any, in the entity with whom the Nil
agreement is
executed
e. Significant terms of the agreement (in brief) special
rights like right to appoint directors, first right to Please refer to S. No. (i)
share subscription in case of issuance of shares, Below for the material
right to restrict any change in capital structure etc. terms of the
transaction/agreement.
f. Whether, the said parties are related to
No
promoter/promoter group/ group companies in
any manner. If yes, nature of
relationship
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Digitally signed by PULKIT PULKIT MAHESHWARI MAHESHWARI Date: 2025.04.12 10:53:54 +05'30'

	g. Whether the transaction would fall within related party transactions? If yes, whether the same is done at “arm’s length” No h. In case of issuance of shares to the parties, details of issue price, class of shares issued Not applicable i In case of loan agreements, details of lender, nature of the loan, total amount of loan granted, total amount outstanding, date of execution of the loan agreement/sanction letter, details of the security provided to the lenders for such loan; 1. Lender: HDFC BANK LIMITED. 2. Nature of the Loan: Term Loan 3. Total Loan Amount: INR 442,700,000/- Rupees Four hundred and Forty Two Million ,Seven Hundred Thousand Only 4. Total Amount Outstanding: The loan is yet to be availed. 5. Date of Execution of Loan agreement / Sanction letter: Dated 21-03-2025 Received /executed on 12/04/2025. 6. Security: Term Loan-  Charge on Plant & Machinery  Personal Guarantee of Mr Piyush Mutha and Mr Praneet Mutha.  Mortgage of Factory Land and Building Situated at Industrial Area Dewas.  Current Assets	g. Whether the transaction would fall within related party transactions? If yes, whether the same is done at “arm’s length” No h. In case of issuance of shares to the parties, details of issue price, class of shares issued Not applicable i In case of loan agreements, details of lender, nature of the loan, total amount of loan granted, total amount outstanding, date of execution of the loan agreement/sanction letter, details of the security provided to the lenders for such loan; 1. Lender: HDFC BANK LIMITED. 2. Nature of the Loan: Term Loan 3. Total Loan Amount: INR 442,700,000/- Rupees Four hundred and Forty Two Million ,Seven Hundred Thousand Only 4. Total Amount Outstanding: The loan is yet to be availed. 5. Date of Execution of Loan agreement / Sanction letter: Dated 21-03-2025 Received /executed on 12/04/2025. 6. Security: Term Loan-  Charge on Plant & Machinery  Personal Guarantee of Mr Piyush Mutha and Mr Praneet Mutha.  Mortgage of Factory Land and Building Situated at Industrial Area Dewas.  Current Assets
	g. Whether the transaction would fall within related party transactions? If yes, whether the same is done at “arm’s length” No
	h. In case of issuance of shares to the parties, details of issue price, class of shares issued Not applicable
	i In case of loan agreements, details of lender nature of the loan, total amount of loan granted total amount outstanding, date of execution of the loan agreement/sanction letter, details of the security provided to the lenders for such loan;	, , 1. Lender: HDFC BANK LIMITED. 2. Nature of the Loan: Term Loan 3. Total Loan Amount: INR 442,700,000/- Rupees Four hundred and Forty Two Million ,Seven Hundred Thousand Only 4. Total Amount Outstanding: The loan is yet to be availed. 5. Date of Execution of Loan agreement / Sanction letter: Dated 21-03-2025 Received /executed on 12/04/2025. 6. Security: Term Loan-  Charge on Plant & Machinery  Personal Guarantee of Mr Piyush Mutha and Mr Praneet Mutha.  Mortgage of Factory Land and Building Situated at Industrial Area Dewas.  Current Assets

Digitally signed by PULKIT PULKIT MAHESHWARI MAHESHWARI Date: 2025.04.12 10:54:39 +05'30'

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7. Interest: As mutually agreed by parties.

8. Tenure: 5- Years + 1 Year Moratorium for Term Loan

9. Repayment: The term loan facility to be repaid in 6 Years in which (1 Year will be Moratorium & 5 Years will be repayment Period).

j. Any other disclosures related to such agreements, Not applicable viz., details of nominee on the board of directors of the listed entity, potential conflict of interest arising out of such agreements, etc

k. In case of termination or amendment of Not applicable agreement, listed entity shall disclose additional details to the stock exchange(s):

a. Name of parties to the agreement; b. Nature of the agreement; c. Date of execution of the agreement; d. Details of amendment and impact thereof or reasons of termination and impact thereof.

Digitally signed by PULKIT PULKIT MAHESHWARI MAHESHWARI Date: 2025.04.12 10:54:55 +05'30'

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