Ref No: /SBICTCL/DT/2020-21 June 22, 2020 To, SBICAP Trustee
Ref No: /SBICTCL/DT/2020-21 June 22, 2020 To, SBICAP Trustee Company Limited Apeejay House, 6th Floor, West Wing, Dinshaw Wachha Road, Churchgate, Mumbai - 400 020 Dear Sir/Madam, Sub: Quarterly Compliance Report for the period January 1, 2020 to March 31, 2020. Re: Debenture Trust Deeds for various series of Bonds/Debentures issued – Statutory Compliance – Periodical Report for the quarter ending March 31, 2020 Pursuant to the Debenture Trust Deed dated May 26, 2017, January 18, 2018 May 10, 2019 and June 1, 2020 enclosed are the following:- 1. Names and address of Debenture holders with respective ISINs as on March 31, 2020 (enclosed as Annexure – 1); 2. We hereby confirm that: a. The Company has not defaulted in re-payment of principal and payment of interest to the debenture holders during the quarter ended March 31, 2020; b. That the assets of the Company on which the charge is created are adequate to discharge the obligations of the Company in respect of the Non- convertible Debentures (“NCDs”) issued by the Company - Asset Cover certificate will be provided once the annual audited financial results are approved in the Board Meeting. c. The properties charged for securing the issue of the NCDs are adequately insured and the policy is in the joint names of the Company and the Trustees; d. The Company has utilized the money raised by issue of Secured Redeemable NCDs for the purposes mentioned in the Disclosure Documents - Utilization certificate will be provided once the annual audited financial results are approved in the Board Meeting. e.
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