Lancor Holdings Limited at its board meeting held on June 28, 2023 approved issuance of Non-Convertible Debenture (NCDs) to the applicant totally aggregating to INR 200,000,000/- (Twenty Cores only) with a Face value of INR 100,000/- (Rupees One Lakhs Only) each on private placement basis in one or more tranches over a period of time. Date of Maturity is 25th August, 2025. coupon/interest offered, schedule of payment of coupon/interest and principal is 16% per annum cash coupon/interest and principal coupon, compounded monthly and payable quarterly.

Schedule of payment of coupon/interest and principal: Equated Quarterly Instalments.