SMT ENGINEERING : SUBSIDIARY AVAILS RS 6.24 CR CREDIT FACILITY VIA PROPERTY MORTGAGE

• Sai Machine Tools Pvt Ltd, a wholly owned material subsidiary, executed equitable mortgage/deposit of title deeds in favour of Punjab National Bank • Facility size ₹6.24 Cr; ECLGS 5.0 working capital term loan with a 5-year term • Mortgage executed on 22.08.2026 as extension of equitable mortgage created under declaration dated 31.07.2024, extended on 04.12.2025 and 11.05.2026 • Mortgagors include promoter individuals Ajay Jaiswal, Vishal Kumar Jaiswal, Vandana Jaiswal and Ashok Jaiswal along with the subsidiary • Transaction is stated to be at arm's length with the wholly owned subsidiary Impact: Neutral (Security creation to support subsidiary working capital; no change in ownership, operations or earnings)

SMT Engineering Ltd

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