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adventz ZUARI AGRO CHEMICALS LIMITED
AGRO CHEMICALS

23rd September 2023

National Stock Exchange of India Ltd,

BSE Limited Exchange Plaza, 5th floor,
Floor 25, P.J. Towers, Bandra-Kurla Complex,
Dalal Street, Sandra (E).
Mumbai - 400 001 Mumbai - 400 051
BSE scrip Code: 534742 NSE Symbol: ZUARI

Dear Sirs,

Sub: Outcome of the Board Meeting under Regulation 30 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015

With reference to the above subject, we hereby inform you that the Board of Directors of the
Company in its meeting held today, i.e. 23rd September, 2023, inter alia, has considered and
approved the proposal for issue of up to 1,250 (One Thousand Two Hundred and Fifty) secured,
unrated, unlisted, redeemable, non-convertible debentures denominated in Indian Rupees of a
face value of INR 10,00,000/- (Indian Rupees Ten Lakhs) each aggregating up to INR
125,00,00,000 (Indian Rupees One Hundred and Twenty Five Crores) in one or more tranches,
on private placement basis.

Th Board has also approved the raising of funds by way of issuance of non-convertible debentures
up to Rs. 500 crores in one or more tranches, in future as and when deemed fit.

Request you to kindly take the same on record.

The Board Meeting commenced at 2:00 p.m. and concluded at 2.30 p.m.

Thanking You,

Yours Faithfully,
For Zuari Agro Chemicals Limited
Digitally signed by
MANOJ MANOJ ARVIND DERE
ARVIND DERE Date: 2023.09.23
14:35:43 +05'30'
Manoj Dere
Company Secretary

Registered Office: Jai Kisaan Bhawan, Zuarinagar, Goa - 403 726, India
CIN No.: L65910GA2009PLC006177
Tel:+ 0832 2592180, 2592181
Website: www.zuari.in . Email: shares(ci)adventz.com