ISMT/SEC/21-22

March 13, 2022

BSE Limited

National Stock Exchange of India Limited

Listing Department,

Listing Department,

P J Towers, Dalal Street,

Exchange Plaza, Plot no. C/1,

Mumbai - 400001

G Block, Bandra-Kurla Complex,

Scrip Code:542479

Bandra (E), Mumbai - 400051

Scrip Symbol:ISMTLTD

Dear Sir,

Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - One-timeSettlement - Updates

In furtherance to our earlier communication dated February 03, 2022, informing of the One-time Settlement Agreement so executed with the Lenders, which, inter alia, provided for the timelines for payment of the One-time Settlement Amount, we hereby inform you that, pursuant to the aforesaid Agreement, the Company has remitted the full and final settlement amount, towards the outstanding debt of the Company, to the respective Lenders/ Authorized Dealers.

This is for your information and records please.

Thanking you,

Yours faithfully

For ISMT Limited

Chetan Nathani

Company Secretary

Email id: secretarial@ismt.co.in

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ISMT Limited published this content on 13 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 March 2022 07:33:01 UTC.