Alliance Integrated Metaliks Limited announced that at its meeting of the Board of Directors of the company held on December 09, 2022, inform that the Strategic Committee of the Board of Directors of the company at its meeting held on January 20, 2023 has, approved an offer of 575 Unlisted, Secured, Unrated, Redeemable, Non-Convertible Debentures (NCDs) (NR Denominated), each having a face value of INR 100,000/- for cash at par aggregating to INR 57,500,000/- (Tranche IT) on a private placement basis. 5 Years from the date of allotment with call option for redemption any time after the expiry of 1 year from the date of allotment. Date of allotment: On or after January 27, 2023 (T entative).

NCDs may be allotted prior subject to receipt of entire subscription money. Coupon/Interest Offered- 12% per annum Interest Payment-Interest to be accrued from date of allotment and payable on the redemption of NCDs Principal Repayment- Bullet Payment at the time of Maturity. Issue Opening Date: January 23, 2023.

Issue Closing Date: January 27, 2023. In case of default in the payment of interest and /or Principal amount on the due dates, additional interest @ 2% p.a. over the 12% will be payable by the Issuer for the defaulting period.