The board of directors of SI Capital & Financial Services Limited at its meeting held on February 29, 2024, approved the Fund-Raising proposal by way of issuance of Secured Unlisted Redeemable Non-Convertible Debentures up to maximum amount of INR 3.9 million by way of private placement in terms of applicable rules/regulations. Tenure shall be up to maximum of 60 months Date of allotment and Date of maturity will be decided by the Board of Directors /Committee thereof within due course of time. Charge /Security, if any, created over the assets: Yes.

Secured Unlisted Redeemable Non-Convertible Debentures be secured by a first charge or a charge ranking pari passu with the first charge on any assets referred to in Schedule Ill of the Companies Act, 2013, valued by a Registered Valuer and as decided by the Board of Directors/Committee thereof.