Jyothy Labs : Giving of guarantee/indemnity or becoming surety

ag Jyothy labs

To,

BSE Limited

Phiroze Jeejeebhoy Towers, Dalal Street,

Mumbai - 400 023

Security Code : 532926

National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (East),

Mumbai - 400051

Symbol: JYOTHYLAB

March 28, 2022

Sub: Intimation under Regulation 30 read with Part A of Schedule III of the SEBI

(Listing

Obligations

and_

Disclosure

Requirements)

Regulations,

2015

-

Giving of Corporate Guarantee for Jyothy Fabricare Services Limited, Subsidiary of the Company

Dear Sir/ Madam,

Pursuant to Regulation 30(2) read with Para B of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors of the Company at its Meeting held today i.e. March 28, 2022 have approved giving of Corporate Guarantee up to a maximum sum of Rs. 30 Crore in favour of Standard Chartered Capital Limited in respect of the financial facility to be availed by Jyothy Fabricare Services Limited,

Subsidiary of the Company.

As_per_the requirement of SEBI circular _number CIR/CFD/CMD/4/2015 dated September 9, 2015, the details of Corporate Guarantee are as follows:

Sr. No. | Particulars

a)given

Details name of party for which such guarantees was Jyothy Fabricare Services Limited

b)

i.

whether the promoter/ promoter group/|i. group companies have any interest in this transaction?

(JFSL), Subsidiary Company

Yes

il.

nature of interest and details thereof

Hi.

whether length"

Ramachandran and

Kamath,

Promoter group of the are Directors in JFSL

the

same

is done

at "arms | iii. Yes, the Corporate Guarantee is given at arms' length

Jyothy Lats Limite

a

Jyothy labs

[

• c) brief details of such guarantee viz. brief details i.Name of the

  of

  significant

  amount of guarantee;

• d) impact of such guarantees on listed entity

Kindly take the above on your record and disseminate the same for the information of investors.

Thanking you, Yours faithfully,

agreementFor Jyothy "Pees

-f.

iat

f

>

C wala Cy .

Shreyas Trivedi

termsentered and

Head - Legal & Company SecretaryParty:

(if

any)

conditions,

including including

Chartered Capital Limited;

Standard

ii. Amount of Guarantee: upto Rs. 30 Crore

iii.Period: 12 months from the date of disbursement of Funds to JFSL

Under this Guarantee,

in case of

default by JFSL in repayment of the Loan to Standard Chartered Capital Limited, the Guarantee may devolve upon the Company for an amount

not exceeding Rs. 30 Crore.

__|