Validación de los instrumentos

(a) Our top ten shareholders and the number of Equity Shares held by them as on date of the Draft Prospectus are as under:

Sr.

No. Name of the Shareholders No. of Shares

% age of Pre-Issue Capital

1 Glamour Steels Pvt. Ltd. 3219000 35.49

2 Eden Infrasmith Pvt. Ltd. 2999600 33.07

3 Lax Resourse Management Pvt. Ltd. 2833000 31.23

4 Mr. Sachin Singh 18000 0.20 5 Ms. Pooja Sharma 100 0.00 6 Mr. Arun Gupta 100 0.00 7 Mr. Mukesh Goel 100 0.00 8 Mr. Sumit Sharma 100 0.01 Total 9070000 100.00

(b) Our top ten shareholders and the number of Equity Shares held by them ten days prior to the date of the Draft Prospectus are as under:

Sr.

No. Name of the Shareholders No. of Shares

% age of Pre-Issue Capital

1 Glamour Steels Pvt. Ltd. 3219000 35.49

2 Eden Infrasmith Pvt. Ltd. 2999600 33.07

3 Lax Resourse Management Pvt. Ltd. 2833000 31.23

4 Mr. Sachin Singh 18000 0.20 5 Ms. Pooja Sharma 100 0.00 6 Mr. Arun Gupta 100 0.00 7 Mr. Mukesh Goel 100 0.00 8 Mr. Sumit Sharma 100 0.01 Total 9070000 100.00

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(c) Our top ten shareholders and the number of Equity Shares held by them two years prior to date of the Draft Prospectus are as under:

Sr.

No. Name of the Shareholders No. of Shares % age of then Capital

1 Crew Marketing Pvt. Ltd 30500 31.61

2 Glamour Steels Pvt. Ltd 30000 31.09

3 Lunar Builders Pvt. Ltd 26000 26.94

4 Mr. Arun Kumar Gupta 5000 5.18

5 Ms. Pooja Sharma 5000 5.18

TOTAL 96500 100.00

10. There is no "Buyback", "Standby", or similar arrangement for the purchase of Equity Shares by our Company/Promoters/Directors/Lead Manager for purchase of Equity Shares offered through the Draft Prospectus. 11. There have been no purchase or sell of Equity Shares by the Promoters, Promoter Group and the Directors during a period of six months preceding the date on which the Draft Prospectus is filed with BSE.

12. Our Company has not raised any bridge loans against the proceeds of this Issue.

13. Investors may note that in case of over-subscription, allotment will be on proportionate basis as detailed in paragraph on "Basis of Allotment" on page 143 of this Draft Prospectus.

14. An over-subscription to the extent of 10% of the Issue can be retained for the purpose of rounding off while finalizing the basis of allotment to the nearest integer during finalizing the allotment, subject to minimum allotment lot.

Consequently, the actual allotment may go up by a maximum of 10% of the Issue, as a result of which, the post issue paid up capital after the Issue would also increase by the excess amount of allotment so made. In such an event, the Equity Shares held by the Promoters and subject to lock-in shall be suitably increased to ensure that 20% of the post issue paid-up capital is locked-in.

15. As on date of filing of this Draft Prospectus, the entire issued share capital of our Company is fully paid-up. The Equity Shares offered through this Public Issue will be fully paid up.

16. On the date of filing the Draft Prospectus, there are no outstanding financial instruments or any other rights that would entitle the existing Promoters or shareholders or any other person any option to receive Equity Shares after the Issue.

17. Our Company has not issued any Equity Shares out of revaluation reserves and not issued any bonus shares out of capitalization of revaluation reserves.

18. Lead Manager to the Issue viz. First Overseas Capital Limited does not hold any Equity Shares of our Company. 19. Our Company has not revalued its assets since incorporation.

20. Our Company has not made any public issue since incorporation.

21. There will be only one denomination of the Equity Shares of our Company 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.

22. There will be no further issue of capital whether by way of issue of bonus shares, preferential allotment, and rights issue or in any other manner during the period commencing from submission of this Draft Prospectus until the Equity Shares to be issued pursuant to the Issue have been listed.

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23. Except as disclosed in the Draft Prospectus, our Company presently does not have any intention or proposal to alter its capital structure for a period of six (6) months from the date of opening of the Issue, by way of spilt/consolidation of the denomination of Equity Shares or further issue of Equity Shares (including issue of securities convertible into Equity Shares) whether preferential or otherwise. However, during such period or a later date, it may issue Equity Shares or securities linked to Equity Shares to finance an acquisition, merger or joint venture or for regulatory compliance or such other scheme of arrangement if an opportunity of such nature is determined by its Board of Directors to be in the interest of our Company.

24. At any given point of time, there shall be only one denomination for a class of Equity Shares of our Company. 25. Our Company does not have any ESOS/ESPS scheme for our employees and we do not intend to allot any shares to our employees under ESOS/ESPS scheme from the proposed Issue. As and when, options are granted to our employees under the ESOP scheme, our Company shall comply with the SEBI (Employee Stock Option Scheme and Employees Stock Purchase Plan) Guidelines 1999.

26. An investor cannot make an application for more than the number of Equity Shares offered in this Issue, subject to the maximum limit of investment prescribed under relevant laws applicable to each category of investor.

27. No payment, direct, indirect in the nature of discount, commission, and allowance, or otherwise shall be made either by us or by our Promoters to the persons who receive allotments, if any, in this Issue.

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