To The National Stock Exchange of India Ltd | The Bombay ...RAVI KUMAR: 2 AGM Finance)-Treasury: the...
Transcript of To The National Stock Exchange of India Ltd | The Bombay ...RAVI KUMAR: 2 AGM Finance)-Treasury: the...
etn, NLC INDIA LIMITED i 4 L “, (Navratna’- A Government of India Enterprise) t
c “4 Regd. Office: First Floor, No.8,Mayor Sathyamurthy Road, 4
Q a FSD, Egmore Complex of Food Corporation of India, Chetpet, Chennai-600 031 iG yeas oF
ye WOR Corporate Office: Block-1, Neyveli-607 801, Cuddalore District, Tamil Nadu. CELEBRATING ‘Lis Phone: 04142/252205. Fax: 04142-252645, 252646 a
CREATING WEALTH CIN:L93090TN1956G01003507 PORWELLBEING i indi: ¥ indie i
" Web-site:www.nlcindia.com: e-Mail:[email protected]
Lr.No.Secy/Reg.30 of LODR/2020 . Dt.27.04.2020
To To
The National Stock Exchange of India Ltd | The Bombay Stock Exchange Ltd
Plot No. C/1, G Block Phiroze JeeJeebhoy Towers
Bandra-Kurla Complex Dalal Street
Bandra (E), Mumbai-400 051. Mumbai-400 001.
Scrip Code : NLCINDIA Scrip Code : 513683 , 958806 &
Security name: NLC29 & NLC30 959237
Dear Sirs,
Sub: Memorandum of Re-deposit of Title Deed - NLCIL BONDS 2020 — SERIES-1 eK
In terms of Regulation 30 & 51 of Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 and Schedule | of Securities
and Exchange Board of India (Issue and Listing of Debt Securities) regulations, 2008, we
enclose a copy of the Memorandum of Re-deposit of Title Deed dated 22.04.2020 in the
matter of creation of security for the NLCIL BONDS 2020 - SERIES-1 issued by the
Company.
This is for your information and record.
Thanking you,
Yours faithfully, for NLC India Limited
way Company Secretary
et TAMILNADU SS (ohh 440794 re: en Uh SDEVASER® een Eagan
Vie CLUB ROAD CHA.
| _ MEMORANDUM OF RE-DEPOSIT OF TITLE DEEDS BY CONSTRUCTIVE DELIVERY
THIS MEMORANDUM OF RE-DEPOSIT OF TITLE DEEDSBY CONSTRUCTIVE DELIVERYis made and executed on tis day of 22™ Apel, 2020 ev
NLC India Limited, having CIN No\L93090TN29S6G01003507 and PAN ti. ‘AAACN1121¢, 9 Public Limited Company Incorporated under the Companies Act, 4956, faving its registered otfice at First Floor, No.8, Mayor ‘SathyamurthyRoad,FSD, Eamare Complex et Food Corporation of India,Chetpet,
‘Chennai-600031 Tamil Nadu, India. (the *Company") which expression shall unless be Fepugnant to the context or meaning thereof mean and include it successors in le) of the ONE Part
‘ ‘ SUMATLA RAVIKUMAR
IDGM Finance) Treasury FAABICorporate Ofice
' NCE Inia Li, Neyvell 1 5
IN FAVOUR oF SRICAN TRUSTEE COMPANY LIMITED, jig CIN no WOsOPLMHZ008PLCL ANAND Tae Ne, AAZCSALOSY, » company Incorpdrmed In India under the Compares Aes 1256, having itk rouistored officn at’ 202, Makar Tower — Ey Cute Farnde, Colaba fumbal 400 005 and. having itis at Apeeloy House, 2 Noor, 3, Wet Wing, DinshawWachhe Road, Churchgate, Murmby| 400.020 and branch ofhce’ at SB, Zonal
We Buling, 1" Poor, B6, RajaytSala, Party's Corner, Channal » 600 008 (hereinafter <aiied the “Debenture Trustee", which expression shall unless Mt be Mepugmant to the antext or meaning thereof, include it succesnors Ad perrnitied axsigne ard. shi Include ali perwans for the time being acting as the trustow or trustens) for the benefit of the Bond Holders ta create security for 7-168 Serlen-t bord aggregating to Re. 2% rors (Bonds") of the OTHER PART.
‘The Company and the Oebenture Trustee shall herwinattor be collectively referred to ms the “Partes” and individually os "Party" WHEREAS:
1, The NLC India Limited vide its resolution dated 29tn April, 2019passed by the Board of Directors of the Company under the provisions of Section 179 (3) (c) of ‘the Companies Act, 2013 forthe Issue of Debentures; Pursuant to the above the Tysuer Issued 5250;umbers of RS10 lakh sach secured, non-cumuiative, non~ convertible, redeemable, taxable 7.36% Series-1 bonds aggregating to Ri. S2Scrore for a tenure of 10 years, in demateralized form on a private placement basis through the Electronic Bidding Platform of BSE Ltd. (hereinafter referred to 8 the “Issue” vide Information Memorandum dated 23rd Jan 2020)
2. The said Bonds were Issued for the purpose of replacing the equity deployed jn the Projects and Operation ver the normative fevel by the Debt, non-plan capex and general Corporate purpose (hereinafter referred to as the “Purpose”)
3. The Company caused the Bonds to be listed on the Wholesale Debt Market segment of the BSE Limited and NSE Limited in accordance with the Securities land Exchange Board of India (Issue and Listing of Debt Securities} Regulations, 2008, as amended from time to time.
4. Pursuant to the terms of the consent letter bearing reference number (0035/2019-2020/CL-2518dated 16" May 20i9addrassed by the Debenture Trustee to the Company, the Debenture Trustee has agreed to act as the debenture trustee for the holders of the Debentures, from time to time, and jn terms of the debenture trustee agreement dated 24° May, 2019 and amendment i any executed by and between theCompany and the Debenture Trustee {hereinafter referred to os “Debenture Trustee Agreement’).
5. Pursuant to relevant provisions of the Companies Act, 2013 @ Debenture Trust Deed has been executed by und between the Company and SBICAP Trustes Company Umited, deted 22.04,2020 (hereinafter referred to as “Debenture ‘Trust Deed"),
6. The company had deposited the title deeds a= more particularly described in ‘Schedule | of the Immovable Properties (Title Deeds’) owned by the company 25 Stated In Schedule TI and as evidenced by a letter dated 20.08.2019 with the Debenture Trustee with an intent to create an create/extend mortgaye/chargein favour of Debenture Trustee over the mmavable properties to which the Thie deeds relates to for the purpose of securing the repayment, discharge and redemption of Bonds by the company togethar with all interest, remuneration of the Debenture Trustee and all fees, costs, charges and expenses and other ronies payable by the company inrespect of the obligations of the company in
‘aspect of the Bonds and in connection with the protection and preservation of
RAVI KUMAR: 2
AGM Finance)-Treasury:
the sald Mortganed property (dein hereinafter una amount payne ‘the company are paid in full, FISTS
NOW THIS MEMORANDUM WITNESSES as foliws + She: RAVI KUMAR, OGM (Finance) CDepesttor") of tha Company attendad {he pice of the SBICAP Trustee Company Limitd ot $l zonal Omer Suluing, 10" Floor, W6.Rajeil Salo, Parry's Corner, Chennal ~ 600H01 and ave oral aavent to the said Mr:S RAGUNATH, on Authoriued Signatory of the Gebenture Trustee to continue to hold and retain the said title deeds, move Particularly described inthe First Schedule hereunder wetten relating ta the immovable properties. of the Company as mentioned In Schedule. It (hereinafter referred to as "the sald Mortgaged Properties’) with an Intention to create create/extend mortgage/chargeby re-deposit of title deedy by constructive delivery to secure the repayment of Rs, 525 ctore, raised by the Company through the Bonds sued, together with interest tharedn to the Debenture holder(s) as per the terms of the offer document and. gls0. as Securty for repayment of all other sume that may be due and payable am time to time or at any time due to the Debenture holderts) andor to the Debenture Trustee in relation thereto
2. The Depositor further stated that the Title Deeds <o re-deposited by way of deposit of title deedsby constructive deliverywith Mr. RAGUNATH, an Authorised Signatory of the Debenture Trustee were the only documents of ttle relating to the Mortgaged Properties in the possession, power and control of the Company and there are no separate tiie documents with respect to the sald Mottgaged Properties and that the Company had a clear and ‘marketable title to the Mortgaged Properties, 3, Whilst making the re-deposit of the Title Deedsby constructive delivery, the Depositor stated that he was doings for and on behalf of the Company with fn Intention to éreate/extend security by way of mortgage by deposit of the Title Deeds by constructive deliveryrelated to the Mortgaged Properties,
4. The Depositor further stated that he i duly authorized in his capacity as ‘Authorised Signatory of the Company, which is the owner of the Morigaged Property, pursuant to the resolution passed by the Board of Directors af the Company in their meeting dated April 29, 2019 and lumished a certified trie copy of such resolution and further stated that such resolution had not been ‘rescinded or modified oF superseded at any time and was in full force and effect, S. The Depasitor further stated that, apart from the aforesald there (= no mortgaye, charge, lien of other encumbrance or attachment related ta Mortgaged Properties or any part or parts thereof in favour of any personsave ‘and except the charge created on the Secured Property In favour of SBICAP ‘Trustee Company Limited (Debenture Trustee) vide Memorandum OF Deposit OF Tite Deeds dated August 21, 2019, or Government or the Income Tax Department or any other Government Department or any firm oF
‘Company or bedy corporate or sotiety or entity whatsoever and thet the Debenture Issuer has not entered into any agreement far sale, transfer or alienation thereof or any part or parts thereof. itor further assured that na mortgage, charge or lien or other & Theunbrance whatsoever vil be ereated or ataehnent lowed t Se ened
related to the Immovable Properties or any part or parts thereof in favour of of on behalf of any Government or Government Department or the income Tax Department orany other person, firm or company, oF anybody corporate, ‘or society, oF entity whatsoever except in accordance with the debenture Issue and / of with the prior written permission of the Debenture Trustee (who shall act in accordance with the consent of at least three fourths of the
wbenture holders) so long as the debenture Issuer continues to be indebted ceeerfable In respect of the debenture Issue aforementioned, on any account In any manner whatsoever.
fh $— .
7. The Debonitor futher axaived thot ne peoemedlnys for recaveey are ‘Raninat the thet unr any Jaw in fore forthe time ting nor there fay ape ‘amount outstanding t6 be payable by the them and Yaak no hut hes bast ved and/or Harve oh them in respect OF the Mortgages Praparty or ‘hart thereot, other than me Giscoued in the Third Setedul
{The Depositor further stated thie tne Debenture Itauer has provided the fanagement certificate stating that there are no outstanding dean) Tae Nabiity against the secured property of the como¥ny orovided gait 1 NLC Band Sertes:t"
9 THe sforwsald re-deposit of Tite Deeds by wy ofconstructive Doliveey waa ‘mage byt. RAVI KUMAR, OGM (FINANCE) on behalf of the Company,
[SIGNED AND DELIVERED by NLC India Limited ‘The within named "company" by the hand of its duly ‘Authorised Signatory ‘Name: P RAVI KUMAR Designation: GM (FINANCE)/ NLC INDIA LIMITED
f. SUMATLA RAVI KUMAR, eat oes lia ay, Neyel-t
FIRST scHeDULE (UST OF TITLE DEEDS)
Date
~ Nature of Documents | Orioinai/ cortiied . foes 5} 72108:1979:| Aiard Copy Tar Aird Wo 7i979 | — eae ye eee [andes e _Tahslldar 20-TLA9E?.| Award iy Tt Aaard Wo. 13/4907 | carta ee =| art iereas—t}—— lane 3. /03.06.1985, Award No. 8/1963 | Certified by the “4 | 4310531983" | Award Cony for Award Nor/i9n3} 1
"Rivard Copy for Award No 674983 |
ward Copy for Award No.S/1983” | GO No.7
‘Award Copy for Award Wo.2/2979 | | Award Copy tor Award No.i2/i875 |
12, | 06.11.1975: Award
opy for Award No. 1i/1S7@ | Certified by the Tahsilaar
TS, | Pnoniser | Go wei ~ Cert by the “absiiar 14. "| 1#005.1985. | award Copy far award Noises] —canitea te tre | “aheidae 15, | ?9.1011979. Award Copy for Award Wo 1071879} —Ceveied by the | Tahsin
16. "| 29.10.1979. | Award Copy Tor Awara No. 971579 | —Cartied by the : = Tansilder 17, | 5:08:1978. | vara Copy Tor Ava Wo S157 Cente by he | Tatler 48, | 24.07.1964. | Award Copy Tor Award Wo. 10/1884} —Certned oy the { Tahsildar 19, | 290081879, [ ard Copy Ter Avert No./1879 Cones ye + ahsildar $4: 05.1978: | Award Coby Tor Award No.a/i979 | —Cortfiad i he (ee) a “atsldar } °W Reaister Cerified by the Tahsildar ‘Award Copy for Award No, 10/1983] ‘Certified by the
wo ace (Finance) Treasury
PaaBicorpeate ofice NLC India Ltd, Noyvell~
2B. | TAG 1985. [ GO Ne Bea
tified by the) Tahsiidne wa
rd Copy for Award No 21/1080 | Cen
es
‘Riiard Copy Tor Award No.40/T989 | — Certified by tie |
beaut Tah
‘Award Copy for Award No 29/1988 | Certified by the | ears Tans 24:10,1988. | Award Copy Tor Award No.17/1988 | Curtiied by the
eae = Talila 12.02.1983. | Award Copy for Award No.1/i983" | Certified by the “Tahsilgar
30. | 07.05.1983. | Award Copy for Award No5/1983 cared oo, ‘the 31, | 1S.06:1988. | Award Copy for Award Wo.1/1988
Boner |
| 33°) 28,06,1986, | Award Cony for Award No 3/1986
“Tahsldar 34) | 7207.1988, [Award Copy for Award No,7/1988 | Certified by the
Tahsildar (05,05.1980, | GON.2763 Tertitied by He ee [ee | Tatar BEAz1SHD. | GONRAT Gentihied by the
“Tansildar ‘37. | 29.08.1979, | Award Copy for
‘38. | 29.09.1579, | Award Copy for Award No 5/1979
“Tahsidar | 39, | 15.02.1999.) GO N6.73 Certifies by he |
“ransildar | 40, | oa 10;2013. | GONo.389 Certiied by the
“Saneiaar | ai, | RB07. 2017, | EON0.242 Gaited by the |
“Tahsildar AE | 24.07.2019, | 10(4) Chita Yor Patta No.132 for Shine copy |
Kunsnkurichi Vitege 43) | BAG7. 2019, | 10(4) Chita for Pata No.578 for Oriine copy |
‘Amimeri Village | 44. | $9:07.2015) | E.C. fom 01.01.5987 to Onin ey
18.07.2039. for Kunankorichi viliage i}
5, | 19.07.2019, [E. from 01,01 1987 to ‘Online COPY 16.07.2019. for Kunankurichi
village - 6.) 19.07.2019, | E.C. from 01.03.1987 to Online coy
418,07,2019. for Kunankurich) village
| -Haoraeis ec tom or OLIs6TT aR fopons ta
es acca 2) Treasury ‘DGM(Finance)-Teasuny
‘AB /Corporate Fee india Uc, Nevveli-t
6
[Kunenkuriehiillgge | #8 araois: [Ec nem ov ot berms ——} —onmeapy —]
cane | [igor 3019 tee ane | arms, ee ham eiee aoe emeaer Shy 208 for Wesauah and A Vito | 50. | 19.07.2015, | E.C. from 01.01.1987 t
‘Gnline copy ee lpi 7.2019. for Ammer Vilage Si, |19:072019.| EC from 01.01.1987 to Ghline copy
18.07.2019. for Umangalam L | vitage 4 52 | 19.07.2015. Ec trom OF OT TSE7 te ‘Online Spy
-oaz | 18.07.2019. for Utrera Vilage [33 |38:07:209: Ec. rom oF.01.1987 te online Copy 18107-2039, for Muthanal Vi
ATLA RAVE KUMAR. Pomerinance) easy
F&AB(Corporate Oftice Meee Ini Ue, Neyvel-t
ATHE-SEGOND SCHEDULE (Description oF Moitgaged Property)
Ne tehe Te sets of the lan bertlning to the TPS 1 Expansion (245009) sRevrell Tamil Nadu India, in respect of which, claor, exclusive and vuld eget ae beneficial interest and unfettersd possession is held by the Company, tovertan an Ot pulaings, structures, erections etc. constructed and ta be contracted theron, ath resent and future, and the plant and machinery and ether equipments {installed oF erected, brought /to be brought into, Installed be installed on the se ‘aed of the Company
SCHEDULE OF THE PROPERTY/1ES
AMMERI VILLAGE, NEYVELE [SiNo.| RS.No. | Extent |
203 Be
a0
22, 23,| 336 2.
be Ti PON! ae )-Treasury. pem(Finance) corporate a sNeyvell-t
= se) ae
27) OKA sane
oe 11786 i) aie 67880 38. at —} — aes
it] wage Ca
2. ae re
Bw) Hii 80
M0) S867 aw oe
is
KUNANKURICHI, NEYVELT
Si. | RS. Nol | Extent (in j Ne: hectrs.) 1 | 86 16300
%] e770] a.sa50 3] 8a 0.5850 aaa 14550 =] 908 12950 6 PSi/Ls.i1 3.4500"
78 0.3550 as) 0.0100 a 4/15 1.9200
10. 95/5 0.4600"
ii) 96 5.3350 12. 7 11,6250
cee 8 0.3300
14. 99 0.6500
15] i00/1,7 | _33750|
{UMATLA RAVI KUMAR DGM(Finance)-Treasury AB /Gorporate OFfice
Le India Lis, Novel 1
J Extent (in
ects.) ius | 15100 TORAL 0.0950 Toxee | HIT
15 | ROWAN A | O:2550 | 2,A3,M |
30. [ toan | ‘0.0100 ai | a/R | 0.0780
Tax 10700 | tis} 0,200 [iiss] i400
1,82 | 25 | Liye |_ tas 26, | T19/AL,A | _1.0580
a 23.) Rak “o.0400 30,| ‘1600 ai. |e 72700
;_32.| 425 | __ 1.4950 | ize | _20100,
3a | Ta7ATAS | _23950 35)| 128 0.2550 36 | 10/7 0.2150] wy, | 13a | _ 2.2600 38. | 134 0.1650 | Total 38.74
UMANGALAM, NEYVELT
SiNo| RS. ne] es
1 | 76K 0.3100 Z| 778 02700 z aA 0.2650,
ear | as]
es Ams ATLA RAVI KUMAR
‘BM (Finance)-Treasiy & AB/Corpot
fue india Ltd., Neyvell-4
10
UTHANGAL VILLAGE, NEYvELT
S.No. | Extent
Eat! z aaa 3 O58 4 oa = 5636
ee “4215 [ret | a705
KUNANKURICHT VILLAGE, NEYVELE
[Sees extant) Ly les | Cinttectrs.) ot [Hyes) 290 o. | | a |
eo | 4 3540
05. | 15/15 | 2095 6, | a7 2555 | oF | ten | 5230 | 8 | 191 7595
Total
Extent (in Hectrs.)
0.740 0365 7525
te sas Total | «9.2850
(be, IUGUMATLA RAVI KUMAR
'BAB/Corporate Office five india Led, Neyvetl-t