Conocimiento y trabajo de las

24/09/2008

1 Mr. Rakesh Jolly 85,53,200 56.75

2 Sreedeb Commercial Private Limited 28,58,800 18.97

3 Aravali Smelters Limited 15,12,450 10.04

4 Shivalik Organics Limited 11,15,200 7.40

5 Shreeraj Shyamaji Footwears Private Limited 4,45,000 2.95

6 Sigma Realtech Private Limited 3,15,050 2.09

7 R. Jairam 96,000 0.64

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S. No. Name of the Shareholders No. of Equity Shares % of paid up capital as on 24/09/2008

9 Madhu Ramaiah 32,000 0.21

10 Vijay Ramaiah 28,000 0.19

Total 1,50,30,700 99.73

8. Our Promoter, Directors, Promoter Group and their immediate relatives has not sold or purchased any equity shares of our Company during the period of six months preceding the date of the Draft Red Herring Prospectus.

9. Our Promoter Group, Directors and their relatives have not financed the purchase by any other person of the equity shares of our Company during the period of six months immediately preceding the date of filing of Draft Red Herring Prospectus with SEBI.

10. As on the date of filing of the Draft Red herring Prospectus, there are no outstanding warrants, options or rights to convert debentures, loans or other instruments which would entitle Promoter or shareholders or any other person any option to acquire our Equity Shares after the Initial Public Offer. 11. We have not made any issue of equity shares at a price lower than the Issue price during the preceding

one year except as under:

Name of entity Date of

Allotment No. of Equity Shares Face Value (Rs.) Issue Price (Rs.) Consider-ation Aravali Smelters Limited March 31, 2010 2,52,753 10/- 325/- Cash Shivalik Organics Limited March 31, 2010 13,841 10/- 325/- Cash Sreedeb Commercial Private Limited March 31, 2010 24,307 10/- 325/- Cash

Moderate Credit Corp

Limited March 31, 2010 12,307 10/- 325/- Cash

Bhola Motor Finance Private Limited

March 31, 2010

167,692 10/- 325/- Cash

12. As on the date of the Draft Red Herring Prospectus, the issued capital of our Company is fully paid up. 13. The Equity Shares held by the Promoter are not subject to any pledge.

14. Neither we nor our Directors, Promoter, Promoter Group Entities and the BRLM to the Issue have entered into any buyback and / or standby arrangements and / or similar arrangements for the purchase of our Equity Shares from any person.

15. The BRLM and their associates are not holding any equity shares in our Company as on the date of filing of Draft Red Herring Prospectus with the SEBI.

16. This issue is being made through 100% Book Building process wherein not more than 50% of the Net Issue i.e., [●] Equity Shares shall be allotted on a proportionate basis to QIBs. Further, our Company may allocate upto 30% of the QIB Portion to Anchor Investors, out of which one-third will be available for allocation to Domestic Mutual Funds. In the event of under subscription in Anchor Investors Portion, the balance equity shares shall be added to the Net QIB Portion. 5% of Net QIB Portion i.e. [●] Equity Shares shall be available for allocation on a proportionate basis to Mutual Funds. The remaining Net QIB Portion shall be available for allocation on a proportionate basis to all QIBs including Mutual Funds, subject to valid Bids being received from them at or above the Issue Price. Further, not less than 15% of the Net Issue, i.e., [●] Equity Shares shall be available for allocation on a proportionate basis to Non-Institutional Bidders and not less than 35% of the Net Issue,

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i.e., [●] Equity Shares shall be available for allocation on a proportionate basis to Retail Individual Bidders, subject to valid Bids being received at or above the Issue Price. Further, 50,000 Equity shares shall be available for allocation on a proportionate basis to Eligible employees, subject to valid Bids being received at or above the Issue Price.

Undersubscription, if any, in any category would be met with spillover from other categories in accordance with applicable laws, regulations and guidelines. Under subscription, if any in the Employees Reservation Portion will be added back to the Net Issue to the Public, and the ratio amongst the investor categories will be at the discretion of our Company, in consultation with the BRLM and the Designated Stock Exchange. In case of under subscription in the Net Issue, spill-over to the extent of under subscription shall be permitted from the Employees Reservation Portion. Investors may note that in case of over subscription in the Issue, allotment to QIB Bidders, Non-Institutional Bidders, Retail Individual Bidders and Employees Reservation Portion shall be made on a proportionate basis. 17. Only Eligible Employees who are Indian nationals based in India and are physically present in India on

the date of submission of the Bid-cum-Application Form would be eligible to apply in this Issue under the Employee Reservation Portion on competitive basis. Employees other than those mentioned hereinabove are not eligible to participate under the Employee Reservation Portion. Bid / Application by Eligible Employees can also be made in the “Net Issue” and such Bids shall not be treated as multiple Bids.

18. A Bidder cannot make a Bid for more than the number of Equity Shares offered through the Issue and not exceeding the maximum limit of investment prescribed under relevant laws applicable to each category of bidder.

19. Our Company has not raised any bridge loan against the proceeds of the Issue.

20. There will be no further issue of capital whether by way of issue of bonus shares, preferential allotment, rights issue or in any other manner during the period commencing from the date of the Draft Red Herring Prospectus until the Equity Shares offered through the Red Herring Prospectus have been listed.

21. Our Company does not presently intend or propose to alter its capital structure for a period of six months from the Bid / Issue opening date, by way of split or consolidation of the denomination of Equity Shares or further issue of Equity Shares (including issue of securities convertible into or exchangeable, directly or indirectly for Equity Shares) whether preferential or otherwise. This is except if we enter into acquisition or joint ventures or make investments, in which case we may consider raising additional capital to fund such activity or use Equity Shares as a currency for acquisition or participation in such joint ventures or investments.

22. Except the following, we have not issued any shares for consideration other than cash: Date of

allotment No. of shares allotted Nature of allotment Particulars March 14, 2003 1,40,000 Other than

cash As consideration for the acquisition of Partnership Firm Aravali Zinc & Alloys March 31, 2007 18,11,700 Bonus Issued by utilizing the amount lying to the credit

of Securities Premium, General Reserve and Profit & Loss Account

June 07, 2007 86,000 Other than cash

As consideration for the acquisition of Partnership Firm Pioneer Construction Company December 19,

2007

37,09,400 Bonus Issued by utilizing the amount lying to the credit of General Reserve

February 29,

2008 10,000 Other cash than As consideration for the acquisition of Proprietorship Firm Techno Engineering Company

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No equity share has been issued by our Company out of revaluation reseve.

23. An over-subscription to the extent of 10% of the Net Offer to Public shall be retained for purpose of rounding off to the nearer multiple of minimum allotment lot while finalizing the basis of allotment. 24. Since the entire issue price per share is being called up on application, all the successful applicants will

be allotted fully paid-up shares.

25. At any given point of time there shall be only one denomination of the Equity Shares, unless otherwise permitted by law. Our company shall comply with such disclosure and accounting norms as may be specified by SEBI from time to time.

26. We do not have any Employees Stock Option Scheme / Employees Stock Purchase Scheme. 27. We have 9 shareholders on the date of filing of the Draft Red Herring Prospectus.

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OBJECTS OF THE ISSUE