General Announcement::General Announcement

Issuer & Securities

Issuer/ Manager: 3I INFOTECH LIMITED
Securities: 3IINFOTECH US$2.435MCB170726 - XS0308551166 - 3JDB
3IINFOTECUS$125.356M5%CB170426 - XS0769181982 - 2CCB
3IINFOTEUSD16.323M2.5%CB250331 - XS1423751418 - 66DB
Stapled Security: No

Announcement Title: General Announcement
Date &Time of Broadcast: 21-Mar-2018 19:08:51
Status: New
Announcement Sub Title: General Announcement
Announcement Reference: SG180321OTHRBE20
Submitted By (Co./ Ind. Name): 3i Infotech Limited
Designation: Company Secretary
Description (Please provide a detailed description of the event in the box below): We wish to inform that 3i Infotech Limited the Company has prepaid Rs.39 Crores of its Principal Outstanding Debt.

This amount represents 6 monthly installments of the Principal Outstanding Debt which were due for repayment from January 31, 2019 to June 30, 2019 as per the terms of the Debt Realignment Scheme (DRS) approved by its Lenders.

With this pre-payment, the Company has now prepaid 15 months of Principal Debt to its Lenders, which represents 20.83% of its Outstanding Debt to Lenders. The Company continues to service its lenders on a regular basis from the effective date of implementation of DRS i.e. April 1, 2016.

Pursuant to the Code of Conduct for Prevention of Insider Trading in the shares of the Company, the Trading Window for dealing in the Shares of the Company was closed for all employees and Directors as defined in the Code of the Company from March 20, 2018 to March 23, 2018 and the same will be opened at the beginning of the trading hours on March 26, 2018.

Total size =129K