TCC : EXTENDS RS 30 CR CORPORATE GUARANTEE FOR PEPPERFRY

• Corporate guarantee issued in favour of ICICI Bank Ltd to secure credit facilities aggregating ₹30 Cr sanctioned to Pepperfry Limited, a material subsidiary • Facility comprises an overdraft of ₹30 Cr with a working capital demand loan (WCDL) sub-limit and a bank guarantee facility of ₹17.50 Cr as sub-limit of the overdraft • Facilities are intended to meet Pepperfry's working capital requirements and its permitted financial and performance guarantee requirements • Promoter and promoter group have no interest in the transaction; guarantee provided on an arm's length basis • Guarantee will be treated as a contingent liability for TCC Concept Limited

TCC Concept Limited

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