Swelect Energy Systems Limited — Board Meeting, 04-02-2025: Outcome of Board Meeting

The Board of Directors has approved the issuance of 1,385 Unlisted Secured Non-Convertible Debentures (NCDs) with a face value of ₹10,00,000 each, totaling ₹138.5 crores, on a private placement basis to India Infradebt Limited. This decision reaffirms the original terms of the NCD issuance following discussions with the identified investor. The debentures will have an average coupon interest of 9.5% and a tenure of 12.5 years, maturing on March 31, 2037.