27th April 2023

To,

Listing Department

The National Stock Exchange of India Limited

"Exchange Plaza"

Bandra-Kurla Complex, Bandra (East)

Mumbai 400051

Dear Sir/Madam,

Sub:Security Cover Certificate pursuant to Regulation 54 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

With reference to your email dated 14th October 2022 for submission of Security Cover Certificate in the format specified in Annexure I of the SEBI Circular No. SEBI/HO/MIRSD/MIRSD_CRADT/CIR/P/2022/67 dated 19th May 2022 and pursuant to Regulation 54 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please note that the Company has only issued Listed Rated Unsecured Redeemable Non-Convertible Debentures of ₹ 500 Crores listed with the National Stock Exchange of India Limited and accordingly a Nil/ Not Applicable Security Cover Certificate is enclosed as at 31st March 2023 in the prescribed format of the SEBI circular.

This is for your information and records.

Thanking You,

Yours faithfully,

For Trent Limited

MEHERNOSH MIRZBAN SURTI

Digitally signed by

MEHERNOSH MIRZBAN SURTI

Date: 2023.04.27 19:13:23 +05'30'

M. M. Surti Company Secretary

Encl: As above

Annexure I- Format of Security Cover

Column B

Column A

Particular

s

Description of asset for which this certificate relate

ASSETS

Property, Plant and Equipment Capital Work-in- Progress Right of Use Assets

Goodwill

Intangible Assets Intangible Assets under Developme nt

Investment s

Colum

Colum

Colum

Column

Column

Colum

Column

Colum

Column K

Column L

Column M

Column N

Column O

n C i

n Dii

n Eiii

Fiv

Gv

n Hvi

Ivii

n J

Exclusi

Exclus

Pari-

Pari-

Pari-

Assets

Eliminati

(Total

Related to only those items covered by this certificate

ve

ive

Passu

Passu

Passu

not

on

C to H)

Charge

Charg

Charge

Charge

Charge

offered

(amount

e

as

in

Securit

negative

y

)

Assets

Other

debt

Carrying /book value

Carrying value/book

shared by

assets on

amount

for exclusive

charge

value for pari passu

pari passu

which

considere

Market

assets

where

market

charge

assets

Market

where market value

debt holder

there is

d more

value

is

not

Value for

is not ascertainable

Debt for

Debt for

Value for

Total

(includes

pari-

than once

Assets

ascertainable

or

or applicable

Pari passu

Value(=K+L+M+

which

which

debt for

Passu

(due to

charged on

applicable

Other

this

this

charge

N)

Secure

which this

charge

exclusive

Exclusive

(For

Eg.

Bank

(For Eg.

Bank

certifica

certifica

Assetsviii

basis

te being

d Debt

te being

certificate is

(excludin

plus pari

Balance,

DSRA

Balance,

DSRA

issued &

g items

passu

market

value

is not

market value is not

issued

issued

other debt

covered

charge)

applicable)

applicable)

with pari-

in column

passu

F)

Relating to Column F

charge)

Book

Book

Yes/

Book

Book

Value

Value

No

Value

Value

Not Applicable

MEHERNOSH

MEHERNOSH MIRZBAN

MIRZBAN

Digitally signed by

Date: 2023.04.27

SURTI

SURTI

19:13:43 +05'30'

Loans

Inventories

Trade Receivable s

Cash and Cash Equivalents Bank Balances other than Cash and Cash Equivalents

Others

Total

LIABILITIE S

Debt securities to which this certificate pertains Other debt

sharing pari-passu charge with above debt

Other Debt

Subordinat ed debt

Borrowings

Bank

Debt Securities

Others

Trade payables

Annexure I- Format of Security Cover

Not Applicable

not to be filled

MEHERNOSH

MEHERNOSH MIRZBAN

MIRZBAN

Digitally signed by

Date: 2023.04.27

SURTI

SURTI

19:14:00 +05'30'

Annexure I- Format of Security Cover

Lease

Liabilities

Provisions

Others

Total

Cover on

Book

Value

Cover on

Market

Valueix

Exclusiv

e

Pari-Passu

Security

Security

Cover

C ver Ra io

Ratio

  • This column shall include book value of assets having exclusive charge and outstanding book value of debt for which this certificate is issued.
  1. This column shall include book value of assets having exclusive charge and outstanding book value of all corresponding debt other than column C.
  2. This column shall include debt for which this certificate is issued having any pari passu charge - Mention Yes, else No.
  3. This column shall include a) book value of assets having pari-passu charge b) outstanding book value of debt for which this certificate is issued and c). other

debt sharing pari- passu charge along with debt for which certificate is issued.

v This column shall include book value of all other assets having pari passu charge and outstanding book value of corresponding debt.

  1. This column shall include all those assets which are not charged and shall include all unsecured borrowings including subordinated debt and shall include only those assets which are paid-for.
  2. In order to match the liability amount with financials, it is necessary to eliminate the debt which has been counted more than once (included under exclusive charge column as also under pari passu). On the assets side, there shall not be elimination as there is no overlap.
  3. Assets which are considered at Market Value like Land, Building, Residential/ Commercial Real Estate to be stated at Market Value. Other assets having charge to be stated at book value/Carrying Value.
  4. The market value shall be calculated as per the total value of assets mentioned in Column O.

MEHERNOSH MIRZBAN SURTI

Digitally signed by

MEHERNOSH MIRZBAN SURTI Date: 2023.04.27 19:14:16 +05'30'

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Trent Ltd. published this content on 28 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2023 05:16:11 UTC.