S D Retail Limited (formerly known as S D Retail Private Limited) has entered into a loan cum hypothecation agreement with HDFC Bank Limited to finance the purchase of a Hyundai Creta E for business purposes. The agreement, which was finalized on February 28, 2025, allows the company to acquire the vehicle, valued at Rs. 1,177,836, with the financial support of HDFC Bank.

This disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, and reflects the company's continued focus on maintaining financial transparency in its dealings. The company has also shared the required details of the agreement under Annexure-A, as per SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Key Details of the Loan Agreement

• Parties Involved: The loan agreement has been entered between S D Retail Limited (the borrower) and HDFC Bank Limited (the lender).
• Purpose of the Loan: The loan is specifically taken for the purchase of a Hyundai Creta E, a vehicle intended for business use.
• Loan Amount: The total loan amount is Rs. 1,177,836.
• Repayment Terms: The loan will be repaid over a tenure of 60 months, and the borrower will pay interest at a rate of 8.90% per annum.
• Security: The loan is secured by the vehicle (Hyundai Creta E) that will be purchased using the loan amount.

No Significant Changes in Ownership or Management

The terms of the loan agreement do not include any special rights such as the right to appoint directors, restrict changes in capital structure, or the first right of refusal on share subscriptions. Furthermore, there are no changes in the shareholding of the company or the relationships between the parties involved.

The company has confirmed that the transaction is not related-party and that there is no potential conflict of interest arising from the agreement.

Loan Details and Terms

The loan agreement specifies that the borrower is S D Retail Limited, and the lender is HDFC Bank Limited. The loan, categorized as a vehicle loan, is meant to finance the purchase of a Hyundai Creta E. The vehicle will be purchased from Gallops Automotive Pvt Ltd.

The loan amount of Rs. 1,177,836 will be repaid over 60 months, with an interest rate of 8.90% per annum. The loan is secured by the Hyundai Creta E vehicle purchased with the loan amount.

SEBI Regulatory Compliance

As required by SEBI regulations, S D Retail Limited has disclosed the agreement’s details, ensuring full transparency in its financial dealings. The company has also clarified that there are no provisions in the agreement related to the issuance of shares or any amendments to the company’s capital structure.

Further, in line with the SEBI circular dated November 11, 2024, the company has disclosed that there are no related-party transactions and that no nominees have been appointed to the board as a result of this agreement.

Conclusion

This loan agreement between S D Retail Limited and HDFC Bank Limited reflects the company’s ongoing efforts to expand its operations and optimize its business processes through strategic financing. The Hyundai Creta E will serve as an important asset for the company’s business operations, and the transparent disclosure of this transaction underscores the company’s commitment to good governance and regulatory compliance.

As the company moves forward, stakeholders will be closely monitoring the financial health and growth prospects of S D Retail Limited, particularly in the context of business expansion facilitated by such financing arrangements.

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