This has reference to resolution passed by the Board of directors of the Company at their meeting held on August 05, 2019 and Annual General Meeting held on September 17, 2019 with respect to issuance of NCDs on private placement basis and pursuant to Regulation 30 and other applicable provisions of SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the debenture Committee of Directors of the Company has today allotted 1000 rated, senior, secured, listed, redeemable, non-convertible debentures, rupee denominated face value of Rs.10,00,000/- at par aggregating to Rs. 100.00 Crore (Rupees Hundred Crores only) in dematerialized form, bearing a coupon rate 8.75 % p.a. Annualized to identified investors on private placement basis, on terms and conditions as mentioned in the Information Memorandum for the said Issue.