Successfully raised USD 500 million through Qualified Institutional Placement (QIP) Prepaid Rs.1,031 crore long term loan in FY2017 and Rs.4,505 crore in April 2017 – till date total Rs.5,536 crore paid Refinanced USD 4.3 billion long-term debt at Novelis — annual cash interest expense reduced by USD 79 million Consolidated Net Debt to EBITDA* on 31 March 2017 improved to 3.74x from 6.29x on 31 March 2016 Novelis entered into JV agreement in May 2017 with Kobe Steel to sell 50 per cent of its ownership interest in its Ulsan, South Korea facility, for USD 315 million Divested Aditya Birla Minerals Limited, Australia for Rs.367 crore With new coal linkage in FY2017, coal security improved to two thirds of annual requirement of the Aluminium Business Stable operations – achieved highest Aluminium production at 1,266 Kt *EBITDA excludes other income