PRIVI SPECIALITY CHEMICALS LIMITED Annual Report 2020-21

109 Annual Report 2020-21 CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS iii) Terms and repayment schedule Terms and conditions of outstanding borrowings are as follows: Name of the Bank/ Financial Institutions Currency Interest Rate Year of Maturity Installments Carrying amount as at March 31, 2021 Carrying amount as at March 31, 2020 (Restated) Foreign Currency Ratnakar Bank - ECB EUR 2.75% 2026 The term loan is repayable in 24 quarterly installments of EURO 187,500.00 each starting from Apr 2020. 3,228.71 3,737.23 Foreign Currency - Total-A 3,228.71 3,737.23 Indian Currency Bank of Baroda INR 11.20% - 12.89% 2020 The term loan is repayable in 20 quarterly installments of Rs. 41.50 lakhs Starting from June 2015. – 41.50 Kotak Mahindra Bank INR 6.25% 2027 The term loan is repayable in 20 quarterly installments of Rs. 250 lakhs Starting from Mar 2023. 4,963.63 – CITI Bank INR 5.70% 2025 The term loan is repayable in 12 quarterly installments of Rs. 750 lakhs Starting from Mar 2023. 8,971.88 – ICICI Bank INR 7.90% 2024 The term loan is repayable in 20 quarterly installments of Rs. 200 lakhs Starting from Sep 2020. 3,395.49 3,993.41 IDFC Bank INR 8.60% 2025 The term loan is repayable in 20 quarterly installments of Rs. 200 lakhs Starting from Mar 2020. 3,000.00 3,800.00 HDFC Bank INR 7.90% 2026 The term loan is repayable in 20 quarterly installments of Rs. 280 lakhs Starting from Apr 2021. 5,575.99 5,567.37 HDFC Bank INR 8.38% 2027 The term loan is repayable in 20 quarterly installments of Rs. 370 lakhs Starting from Jun 2022. 7,400.00 7,400.00 Toyota Financial services India Limited (Vehicle loan) INR 9.14% 2022 The term loan is repayable in 36 monthly installments of Rs. 8.36 lakh starting from Jan 2019. 70.44 143.01 Yes Bank (Vehicle loan) INR 8.97% 2024 The term loan is repayable in 60 monthly installments of Rs. 0.41 lakh starting from Jan 2020. 15.53 18.89 Indian Currency - B 33,392.96 20,964.18 Total Term Loan (A+B) 36,621.67 24,701.41 14 b) Lease liabilities Particulars Non-Current portion Current portion As at March 31, 2021 As at March 31, 2020 (Restated) As at March 31, 2021 As at March 31, 2020 (Restated) Lease liabilities 583.11 818.83 156.45 79.63 583.11 818.83 156.45 79.63 NOTES TO THE STANDALONE FINANCIAL STATEMENTS for the year ended March 31, 2021 (Currency: Indian Rupees in lakhs) 14 a) Non-current borrowings (continued)