Tirupati Starch & Chemicals Ltd — Updates, 24-06-2025: Company Update

Tirupati Starch & Chemicals Limited

Regd. Office: Shree Ram Chambers, 1st Floor, 12 Agrawal Nagar, Main Road, Indore (M.P.) 452001

Phones: 0731-4905001, 4905002, E-mail: tirupati@tirupatistarch.com

Works: Village Sejwaya, Ghata Billod, District Dhar (M.P.) Phone: (07292) 277479, 277280

CIN No.: L15321MP1985PLC003181 • website: www.tirupatistarch.com

24 June, 2025

TIRUSTA/SE/2025-26

To,

The General Manager,

Department of Corporate Services,

BSE Limited

Phiroze Jeejeebhoy Towers,

Dalal Street, Fort, Mumbai – 400001

REF: SECURITY ID: TIRUSTA; SECURITY CODE: 524582 & ISIN: INE314D01011

Subject: Disclosure pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015

Dear Sir/Ma’am,

Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing

Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that

Company has executed a supplementary deed of hypothecation with HDFC Bank

Limited for enhancing the Working Capital Loan Facility.

Details pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure

Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015

dated September 09, 2015, has been annexed herewith as Annexure-A.

Kindly take the same on record.

Thanking you.

Yours faithfully,

For Tirupati Starch & Chemicals Limited

Anurag Kumar Saxena

(Company Secretary cum Compliance Officer)

M.No.: F8115

Enclosure: As above

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Tirupati Starch & Chemicals Limited

Regd. Office: Shree Ram Chambers, 1st Floor, 12 Agrawal Nagar, Main Road, Indore (M.P.) 452001

Phones: 0731-4905001, 4905002, E-mail: tirupati@tirupatistarch.com

Works: Village Sejwaya, Ghata Billod, District Dhar (M.P.) Phone: (07292) 277479, 277280

CIN No.: L15321MP1985PLC003181 • website: www.tirupatistarch.com

ANNEXURE-A

Disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure

Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated

September 09, 2015 is provided as under:

S. No. Particulars Details

1 Name(s) of the parties with whom the

agreement is entered;

a. Lender: HDFC Bank Limited (“HDFC”)

b. Borrower: Tirupati Starch & Chemicals Limited

2 Purpose of entering into the agreement; To avail enhanced Working Capital Loan Facilities for

Working Capital requirements

3 Size of agreement; Post enhancement Working Capital Loan Facility Limit is

upto INR 40,00,00,000/- (Rupees Forty Crore Only).

4 Shareholding, if any, in the entity with

whom the agreement is executed;

Nil

5 Significant terms of the agreement (in

brief) special rights like right to appoint

directors, first right to share

subscription in case of issuance of

shares, right to restrict any change in

capital structure etc.;

No special rights have been granted by either Party to the

other.

6 Whether, the said parties are related to

promoter/promoter group/group

companies in any manner. If yes,

nature of relationship;

No

7 Whether the transaction would fall

within related party transactions? If

yes, whether the same is done at “arm’s

length”;

No

8 In case of issuance of shares to the

parties, details of issue price, class of

shares issued;

Not applicable

9 In case of loan agreements, details of

lender/borrower, nature of the loan,

total amount of loan granted/taken,

total amount outstanding, date of

execution of the loan

agreement/sanction letter, details of

the security provided to the lenders /

by the borrowers for such loan or in

case outstanding loans lent to a party

or borrowed from a party become

material on a cumulative basis;

a. Details of Lender: HDFC Bank Limited,

Address: Brilliants Avenue, Scheme No. 94, Sector B,

Ring Road, Indore

Details of Borrower: Tirupati Starch & Chemicals

Limited

Address: Shree Ram Chambers, 12-Agrawal Nagar,

Main Road, Indore, M.P., 452001

b. Nature of the loan: Cash Credit

c. Total amount of loan granted: Working Capital Loan

INR 40 Crore (including enhanced Working Capital

Loan of INR 25 Crore)

d. Total amount outstanding: INR 40 Crore

e. Date of execution of Supplementary Deed of

Hypothecation : 24/06/2025

f. Details of the security provided:

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Tirupati Starch & Chemicals Limited

Regd. Office: Shree Ram Chambers, 1st Floor, 12 Agrawal Nagar, Main Road, Indore (M.P.) 452001

Phones: 0731-4905001, 4905002, E-mail: tirupati@tirupatistarch.com

Works: Village Sejwaya, Ghata Billod, District Dhar (M.P.) Phone: (07292) 277479, 277280

CIN No.: L15321MP1985PLC003181 • website: www.tirupatistarch.com

S.

No.

Type of Security Manner, Priority & Ranking

of Charge (Exclusive/ first/

second) for Total Credit

Facility(ies)

1. Stock in trade First Pari Passu for working

capital facilities

Second pari passu for Term

Loan

2. Book debts and

receivables

First Pari Passu for working

capital facilities

Second pari passu for Term

Loan

3. Plant and

machinery

First Pari Pasu

4. Fixed Deposits Exclusive

5. Moveable

Assets

First Pari Pasu

10 Any other disclosures related to such

agreements, viz., details of nominee on

the board of directors of the listed

entity, potential conflict of interest

arising out of such agreements, etc.;

None

11 In case of termination or amendment of

agreement, listed entity shall disclose

additional details to the stock

exchange(s):

i. name of parties to the

agreement;

ii. nature of the agreement;

iii. date of execution of the

agreement;

iv. details of amendment and

impact thereof or reasons of

termination and impact

thereof.

Amendment

a. Lender: HDFC Bank Limited (“HDFC”)

b. Borrower: Tirupati Starch & Chemicals Limited

Supplementary Deed of Hypothecation

24/06/2025

For enhancement of Working Capital Loan Facilities by

INR 25 Crore. Its impact is limited to liability quantified for

Working Capital Loan Facilities is Rs. INR 40 Crore.

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