Shantai Industries Ltd - Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements

Subject: Intimation of Loan Agreement In terms of the Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, this is to inform that the company has entered into loan agreement with Karma Trendz Private Limited. Kindly take the above on your record.