Board Meeting Outcome for BOARD APPROVES ISSUE OF RATED, LISTED, SENIOR, SECURED, REDEEMABLE, TAXABLE NON-CONVERTIBLE DEBENTURES AGGREGATING UP TO RS. 50 CRORES

• Security Code: 540701
• Company: DCAL

we would like to inform you that the Board of Directors of the Company has at its meeting held today, i.e., Wednesday, March 12, 2025 which was commenced at 02:00 p.m. and concluded at 04:15 p.m., approved issuance of upto 5,000 (Five thousand) Rated, Listed, Senior, Secured, Redeemable, Taxable Non-Convertible Debentures of face value of Rs. 1,00,000/- (Rupees One Lac only) each, aggregating up to Rs. 50,00,00,000/- (Rupees Fifty Crores), on a private placement basis (the 'Issue' or 'Debentures' or 'NCDs'). The Disclosures with respect to the Debentures pursuant to SEBI circular bearing reference number: SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 read with Regulation 30 of the SEBI LODR Regulations is attached as Annexure - I.