Pursuant to the provisions of the Listing Regulations, we wish to inform you that the Company (through State Bank of India) has provided Standby Letter of Credit ( SBLC ) of INR 3.75 crores (equivalent to NPR 6 crores) in respect of Term Loan in favour of Everest Bank Limited (Lead Bank of the Consortium of Nepalese Banks) on behalf of Kajaria Ramesh Tiles Limited, Nepal, a Joint Venture Company.