Investor Presentaiton
6060* Debt restructuring update
Debt as of 31-Mar-21 (a)(b)
1,252 crs
182
Mar-19
627 crs
Mar-21
81
28
ESTD. 1933
T
ID
■EARC Term Loan
■ Cash Credit
336
■ Other Debt
■Trade Deposits
(Unsecured)
EARC debt is at 9% p.a.
EARC balance debt of Rs. 145 crs will be waived
off on satisfactory repayment
■ 70% of EARC Term Loan is repayable after 2
years
(a) Debt adjusted for EARC balance debt of Rs. 145 crs which would be waived off in FY24 on following the repayment schedule
(b) Debt adjusted for EARC balance debt of Rs. 34 crs which has been converted to equity in Apr-21
Settlements reached with nearly all lenders
Lender
SBI
Bank of India
IDBI Bank
Standard Chartered Bank
DCB Bank
Tilaknagar Industries | Investor Presentation
Full settlement achieved
EARC debt repayment schedule
(Rs. Crs)
< 1 yr
1-2 yrs
2-3 yrs
EARC Trust SC233
5.60
6.80
15.68
EARC Trust SC241
28.00
34.00
188.97
EARC Trust SC269
11.20
13.60
32.38
Total
44.80
54.40
237.02
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