TARC Limited has received in-principle approval from the Bombay Stock Exchange to amend the redemption schedule of its listed non-convertible debentures. The exchange granted the approval on September 7, 2026, under Regulation 59 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

The modification affects NCDs with ISIN INE0EK907050 and a face value of ₹1,00,000 each. The company filed for the amendment on August 22, 2026, seeking to alter the terms of the Debenture Trust Deed.

Redemption Schedule Changes

The approved amendment modifies only the final redemption payment scheduled for March 31, 2030. All earlier redemption dates and amounts remain unchanged.

The final maturity payment increases from ₹442.24 crore to ₹444.71 crore. This represents an increase of ₹2,46,79,112 in the total principal repayment due at maturity.

Conditions for Final Approval

The BSE’s in-principle approval is valid for three months from September 7, 2026. The exchange will give effect to the modifications only after the company fulfills specific conditions.

• Submission of letters from National Securities Depository Ltd and/or Central Depositories Services (India) Ltd confirming the structural modifications and no change in ISIN.
• Certified true copy of in-principle approval from the National Stock Exchange, if applicable.
• Compliance with SEBI LODR Regulations, 2015, and the Companies Act, 2013.
• Adherence to all applicable exchange guidelines and statutory authority directions.

The approval will be invalidated if the ISIN changes, requiring a fresh application. The exchange reserves the right to withdraw approval if submitted information is found incomplete or misleading.

TARC Limited has initiated the dispatch of letters to shareholders who have not registered their email addresses. The letters provide a web link to access the Notice of the 10th Annual General Meeting and the Annual Report for FY26.

This action is in compliance with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that electronic copies were already sent to members with registered emails as on the record date of August 14, 2026.

Key Agenda Items

The AGM will address several critical governance matters:

• Financial Statements: Receive, consider, and approve the Audited Standalone and Consolidated Financial Statements for FY26.
• Director Re-appointment: Re-appoint Mrs. Muskaan Sarin (DIN: 01871183) as a director liable to retire by rotation.
• Statutory Auditor: Appoint M/s. Singhi & Co., Chartered Accountants (FRN: 302049E), as Statutory Auditor for a five-year term from the conclusion of this AGM until the 15th AGM.
• Cost Auditor Remuneration: Ratify the remuneration of ₹50,000 plus applicable taxes and out-of-pocket expenses to M/s Bahadur Murao & Co., Cost Accountants (FRN: 08), for auditing cost records related to real estate development activities for FY27.
• Director Continuation: Approve the continuation of Mr. Anil Sarin (DIN: 00016152) as Non-Executive Non-Independent Director upon attaining the age of 75 years, via a Special Resolution.

Voting Timeline and Logistics

Shareholders can participate virtually without physical presence at a common venue. This format aligns with permissions granted by the Ministry of Corporate Affairs vide General Circular No. 03/2025 dated September 22, 2025, and various SEBI circulars.

Key details for participants include:

• Record Date: Friday, August 14, 2026, for determining eligibility.
• Cut-off Date: Saturday, September 12, 2026, for voting rights determination.
• Remote E-voting Window:

Members who have cast their vote via remote e-voting prior to the meeting may attend the AGM but are not entitled to vote again during the session. The facility for appointment of proxies is not available as the AGM is held via VC/OAVM.

Scrutinizer Appointment

The Board of Directors has appointed Mr. Mritunjay Chandra Shekhar (FCS-12594, COP No. 20871) of Mritunjay Shekhar & Associates, Company Secretaries, as the scrutinizer to oversee the e-voting process in a fair and transparent manner.

Shareholder Instructions

Investors holding shares in electronic mode must update their email addresses with their respective Depository Participants. Those holding shares in physical mode should submit Form ISR-1 along with required documents to the Registrar and Share Transfer Agent, Skyline Financial Services Private Limited.

Queries regarding the process can be directed to admin@skylinerta.com or cs@tarc.in . The Notice of AGM and Annual Report for FY25-26 were sent electronically on August 28, 2026.