VARDHMAN TEXTILES LTD. - Announcement under Regulation 30 (LODR)-Allotment

This is in continuation to our letter dated 9th March, 2023 regarding issuance of 15000 Rated, Listed, Unsecured, Redeemable Non-Convertible Debentures. In this respect we would like to inform you that the Committee of Directors of the Company, in its meeting held on March 20, 2023, has allotted 15000 Rated, Listed, Unsecured, Redeemable Non-Convertible Debentures of face value Rs. 1,00,000/- each aggregating to Rs. 150 crore, to ICICI Bank Limited, on Private Placement basis, at a coupon rate of 7.70%. The meeting of Committee commenced at 10:00 a.m. and concluded at 10:30 a.m.