Arohan Annual Report FY 20-21

Arohan Financial Services Limited Summary of significant accounting policies and other explanatory information for the year ended 31 March 2021 (Contd.) Note 16: Debt securities As at 31 March 2021 As at 31 March 2020 (Measured at amortised cost) Non convertible debentures (secured) 100,735.92 - Total 100,735.92 - Debt securities in India 100,735.92 - Debt securities outside India - - Total 100,735.92 - Details of debt securities Particulars Repayment Schedule As at 31 March 2021 As at 31 March 2020 10.50% Union Bank (Face Value 10 lakhs) - no. of units 1,000 (31 March 2020 - INR Nil) Bullet repayment in January 2022. 10,724.85 - 10.50% Punjab National Bank (Face Value 10 lakhs) - no. of units 500 (31 March 2020 - INR Nil) Bullet repayment in February 2022. 5,317.36 - 10.50% State Bank of India (Face Value 10 lakhs) - no. of units 2500 (31 March 2020 -INR Nil) Repayment in equal quarterly instalments ending at February 2022. 25,342.84 - 10.50% Indian Bank (Face Value 10 lakhs) - no. of units 750 (31 March 2020 - INR Nil) Bullet repayment in March 2022. 7,884.21 - 10.50% Indian Bank (Face Value 10 lakhs) - no. of units 250 (31 March 2020 - INR Nil) Bullet Repayment in May 2022 2,603.26 - 10.40% Punjab National Bank (Face Value 10 lakhs) - no. of units 250 (31 March 2020 - INR Nil) Bullet repayment in May 2022. 2,515.76 - 10.45% Bank of Baroda (Face Value 10 lakhs) - no. of units 1,500 (31 March 2020 - INR Nil) Four equal instalments on August 2021, November 2021, February 2022 and May 2022. 15,142.92 - 11.00% Bank of India (Face Value 10 lakhs) - no. of units 250 (31 March 2020 - INR Nil) Bullet repayment in June, 2023. 2,689.91 - 11.50% Indian Bank (Face Value 10 lakhs) - no. of units 250 (31 March 2020 - INR Nil) Bullet Repayment in July 2023 2,689.35 - 11.00% Bank of Baroda (Face Value 10 lakhs) - no. of units 250 (31 March 2020 - INR Nil) Three annual instalment on July 2021, July 2022 and July 2023. 2,531.08 - 10.25% Bank of India (Face Value 10 lakhs) - no. of units 1,000 (31 March 2020 - INR Nil) Bullet repayment in November 2021. 10,623.75 - 12.06% Blue Orchid (Face Value 10 lakhs) - no. of units - 650 (31 March 2020 - INR Nil) Repayment in three instalments on June 2023, December 2023, June 2024. 6,717.12 - 10.09% CDC Group (Face Value 10 lakhs) - no. of units - 600 (31 March 2020 - Nil) Redeemed on a pro rata basis and shall be fully redeemed by March 2025. 5,953.51 - Total 100,735.92 - Note 17: Borrowings (other than debt securities) As at 31 March 2021 As at 31 March 2020 (Measured at amortised cost) (Secured) (a) Term loans [refer note (i) below] Term loan from banks 212,642.34 285,829.35 Term loan from financial institutions 106,190.79 105,912.91 (b) Loans repayable on demand Cash credit from banks [refer note (ii) below] 942.51 5,932.07 (c) Liability against securitisation [refer note (iii) below] - 666.61 Subtotal 319,775.64 398,340.94 (Unsecured) (a) Term loan from financial institutions - - Subtotal - - Total 319,775.64 398,340.94 Borrowings in India 319,775.64 398,340.94 Borrowings outside India - - Total 319,775.64 398,340.94 (#) Terms of repayment given in the repayment schedule Financial (#) Terms of repayment given in the repayment schedule Non-convertible debentures (NCDs) issued by the Company are secured by way of first ranking exclusive hypothecation/ charge on the owned portfolio of the Company to the extent of security cover ratio of 1.1:1 in favour of the trustees for the benefit of the debenture holders. 151