The Board of Directors of SI Capital & Financial Services Limited has, at its meeting held on May 28, 2024, considered and approved the Fund-Raising proposal by way of issuance of Secured Unlisted Redeemable Non-Convertible Debentures up to a maximum amount of INR 3.45 million 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.