Qualitek Labs Ltd — Important, 20-12-2025: Company Update

Qualitek Labs' board has approved the private placement of secured, unlisted, redeemable Non-Convertible Debentures (NCDs) aggregating up to ₹65 Crore. To support this, Vistra ITCL (India) Limited was appointed as the Debenture Trustee, and the creation of necessary security interests—including mortgages, hypothecation, and share pledges—was also approved. The company will convene an Extraordinary General Meeting (EGM) to obtain shareholder approval for creating security over its assets and for any potential material related party transactions. This strategic move aims to bolster the company's financial position.