Wanbury Limited announced at the board meeting held on July 11, 2023 that the company approved issue of Unlisted, Secured Redeemable, Non-Convertible Debentures ("NCDs") upto INR 100,00,00,000 (Rupees One Hundred Crore only). At present, the funds being raised is INR 90,00,00,000 (Rupees Ninety Crore only) from Neo Special Credit Opportunities Fund, a fund managed by Neo Asset Management Pvt Ltd. along with its co-investors on private placement basis. Tenure of the instrument - date of allotment and date of maturity: 48 months from the date of allotment of NCDs.

Coupon/interest offered, schedule of payment of coupon/interest and principal: Fixed coupon rate payable as per the term sheet/Transaction documents. Repayment of NCDs at the end of 48 months from the date of allotment of NCDs. Charge/security, if any, created over the assets: NCDs will be secured by way of first.

charge over the Fixed Assets of the Company and/or any other securities/assets as per term sheet/transaction documents.