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06/11/2025 22:10

Olympic Cards Ltd. - Announcement Under Regulation 30 (LODR)-Updates (Intimation Regarding Full Repayment Of Bank Loan Under

Pursuant to Regulation 30 read with Para B part A of Schedule III of the SEBI (LODR) Regulations, 2025 (Listing Regulations), we wish to inform that based on the necessary approvals already accorded by the Board of Directors and Shareholders we have sold the property of the Company at Kannigaiper Village for a total consideration of Rs. 18.00 Crores on 5th November, 2025 to clear the over due amounts to the Banks and financial institutions, Statutory Dues payable to various authorities and long-pending dues payable to the suppliers. \r\nBuyer is not a Related Party within the meaning of the provisions of the Companies Act 2013 and Securities and Exchange Board of India (LODR) Regulations, 2015.