Exicom Tele-systems Limited announced that the company has redeemed it's unlisted 63,936 6% Unsecured Non - Convertible Debentures (NCD), having face value of INR 1,065, aggregating to INR 68,091,840. Further, the company had allotted these Debenture to it's holder on 28th August 2023 and at the request of the debenture holder vide their letter dated March 22, 2024, the Company has undergone partial redemption of the Unsecured Non-Convertible Debentures on March 27, 2024 by the approval of the Board of the Directors via circular resolution. Approval of the majority directors was received at 12:36 PM on March 27, 2024.

The above redemption has been undertaken as per the terms and conditions laid down at the time of issue of these Unsecured Non-Convertible Debentures. The balance post redemption of 6% Unsecured Non-Convertible Debentures shall be 76,805 debentures.