Dishman Carbogen Amcis board approves modification in security clause for Rs 15 cr NCD

The board of Dishman Carbogen Amcis at its meeting held on 07 October 2026 has approved modification/amendment in security in respect of the Company's Tranche II of 1,500 Senior, Secured, Rated, Listed, Transferable, Redeemable, Taxable Non Convertible Debentures of face value of Rs 1,00,000/- each, aggregating to Rs 15 Crore, allotted on 28 September 2026 having Scrip Code 978230 (15 Cr NCD) and execution of Security Documents and modification of other transaction documents with respect to the same.

RATIONALE FOR THE PROPOSED CHANGE IN SECURITY CLAUSE

Promoter entity Dishman Infrastructure 'DIL' (security Provider) has provided its land parcel as a security under the said 15 Cr NCD. DIL may require the land provided as security for its commercial purpose free from encumbrances. Issuer understands the security concern of the Debenture Trustee and accordingly, the Issuer will seek release of mortgage over the property of DIL in lieu of providing 100% cash margin in the form of FD lien mark in favour of Debenture Trustee. Since it is a liquid assets, hence, it would be a better proposition to existing security given.

The Company shall apply for prior approval to the stock exchange for making modifications to the transaction documents executed in relation to 15 Cr NCDs to take on record the ability provided to the Company to substitute the mortgage over land parcel of DIL with 100% cash margin in the form of FD lien mark in favour of Debenture Trustee as required under the terms of Regulation 59 (2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Upon receipt of approval from the stock exchange, the Company shall carry out necessary modifications to the transaction documents.