Annexure XIV Continued… - Edelweiss

Sr.
No.
Name of Lender
Facility
(in million)
Total amount
outstanding
(including
accrued interest)
as on March 31,
2011
(in million)
Rate of Interest
as on March
31, 2011
(per annum)
Repayment
Schedule
Security Created
Chandra Mrig, Mr.
Kuldeep Singh Solanki
and Mr. Vir Sen Sindhu;
and
8. Counter guarantee of our
Company.
4. Axis Bank Limited ` 1,500.00
(includes short term
loan of ` 750.00
within the bank
guarantee limits)
Bank guarantee: `
825.91
Short term loan: `
680.36
Bank guarantee:
Commission -
0.75% p.a.
payable
yearly
(both
performance
and financial)
Short term loan
- base rate +
2.25% i.e.
9.00%
Repayable on
demand and
renewable yearly.
half
1. 10% cash margin; and
2. First pari passu charge on
current assets of our
Company along with other
Working Capital Lenders.
Collateral:
3. House property situated at
1509 DLF Phase III,
Gurgaon;
4. Equitable mortgage of
residential land property at
Plot No.953, Sector 31-
32A, Gurgaon;
5. Land and building, plant
and machinery owned by
our Company situated at
Village Panderpauni Tehsil
Rajpura, District
Chanderpur, Maharashtra;
6. Equitable mortgage of
property situated at Flat
No. 18, I & II Floor, and
Flat no. 3, Ground Floor
Basant Enclave, N. Delhi;
7. Personal guarantees of our
Directors, Mr. Rudra Sen
Sindhu, Mr. Ganesh
Chandra Mrig, Mr.
Kuldeep Singh Solanki
and Mr. Vir Sen Sindhu;
and
8. Counter guarantee of our
Company.
For details, please see “Financial Statements - Related Party Transactions” on page F-50 of this Draft Red
Herring Prospectus.
Some of the corporate actions for which we require the prior written consent of our lenders include the
following:
1. to change the capital structure of our Company;
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