SI Capital & Financial Services Limited informed that the Board of Directors of the Company has, at its meeting held on 07 March 2023 has, inter alia, considered and Approved the Fund-Raising proposal by way of issuance of Secured Unlisted Redeemable Non-Convertible Debentures up to maximum amount of INR 75.5 Lakhs by way of private placement in terms of applicable rules/regulations. Tenure of the instrument - date of allotment and date of maturity: Tenure shall be up to maximum of 60 months Date of allotment and Date of maturity will be decided by the Board of Directors /Committee thereof within due course of time. Coupon /interest: Scheme Name: Scheme I; Maturity Period: 60 Months; Interest Rate: 11.00%; Interest Payment: Payable on Monthly Basis.

Scheme Name: Scheme II; Maturity Period: 15 Months; Interest Rate: 9.00%; Interest Payment: Payable on Monthly Basis.