Cyber Media (India) Limited — Important, 04-01-2025: Agreements

Cyber Media (India) Limited has executed an amendment to its loan agreement with its subsidiary, Cyber Media Research & Services Limited. The purpose of this amendment is to release the first charge on 'Cyber House', located in Gurugram, which had initially secured an inter-corporate loan of Rs. 9.85 crore. This property is now under a primary charge with Karur Vysya Bank Limited for a loan also taken by Cyber Media (India) Limited.

The existing loan amount from Cyber Media Research & Services Limited stands at Rs. 9.01 crore. The amendment allows for the creation of a collateral security charge for the existing loan against 'Cyber House'. The transaction has been conducted at arm's length and follows all required formalities. Notably, the amendment does not impact the company's financial position, aside from disclosures in its financial statements.