ear ® ATLANTA LIMITED % An 180 9001:2008 Company 401, Shroo Amba Shanti Chambers, Opp.Hotol Leola, ‘Andheri - Kurla Road, Andhori (East), Mumbai - 400 059, india. Phone : +91-22-20262020 (Slines) Fax : #01-22-29252000 - E-Mail :mail@atlantainfra.com Website = www.ailant GIN: L64200MH1984PLC031652 eee National Stock. pxeliange Plaza Plot No, C71, G Block 400 001 Bandrt-Kurla Complex +: 832759 Bandra (East) Munibai 400 051 ‘Trading Symbol : ATLANTA ange of Ind Limited to_be Debt Bree Co uant_to Cabinet_ Commit ie Affair's decision on Arbitration Awards The Cabinet Committee of Eeonomie Affairs on Wednesday. August 31, 2016, approved various 15 to revive the construction sector which has been facing stress. As proposed by Niti Aayog (Planning Commission) and approved by the Cabinet, Government Agencies would pay 75% of the Arbitral Award amount to escrow account against margin free Bank Guarantee, in-such eases where the award is challenged, its subsidiaries has been awarded more than Rs, 600 Crores in arbitration: Atlanta Group includ awards, which are pending ad inet, Atlanta Group will be entitled for 75% of the above a approximately Rs. 1200 Crores sation at diflerent stages, In terms with the policy cleared by the jount of Rs. 1600 Crores ie. imited including its subsidiaries has a (otal debt of Rs. 900 Crores, This debt of Rs. 900 includes debt for two operational BOT projects having concession period up 10 2026 and 2029. Atlanta Group proposes to pay off the entire debt amounting to Rs, 900 Crores and become debt free Company during the current finaneéal yew. You are kindly requested to take the same on record. Thanking You, Yours faith Atlanta