Securities & Financial Assets

Building only, Constructed on Plot AS-4 to AS-6 at Sikandrabad Industrial Area, Bulundshar, U.P and Financial Assets not readily realizable

Composite Sale of Assets/Properties of Corporate Debtor : Entire Plant & Machinery & other equipment’s including total machinery installation expenses Equipments thereto and other fixed and misc. assets owned by CD lying at factory premises and Entire Land comprising/admeasuring 58669.875 sq.yards owned by the CD and entire Building and structures thereof with all Industrial Sheds, Plant Halls/Godowns, Office Block Transformer/Panel Room thereof including electrical installations etc and open development area with boundary wall is 9”thick brick wall laid in cement mortar, plastered/un-plastered with an average height of 2.50 Mtrs. etc. falling in the Liquidation Estate of Punjab Basamti Rice Limited for Reserve Price Rs.23,25,00,000 (Rs.Twenty Three Crores Twenty Five lacs (EMD Rs.2.40 Cr.) for Lot 1 and Entire Plant & Machinery & misc assets for Reserve Price of Rs.11,50,00,000 (Rs.Eleven Crores Fifty lacs) EMD Rs.1,20,00,000 (Rs. One Crores Twenty lacs) for Lot No.2 as per E-auction Sale Notice dated 23.10.2021 and in terms of sale mentioned in the Tender Document.

Fully paid-up 29,49,000 equity shares of Face Value Rs. 10 each of Upaj Buildcon Private Limited held by the J. V. Strips Limited (under Liquidation)

15. Nature of Assets to be Auctioned Industrial Land admeasuring area 85717.27 SQM (approx)

Corporate Debtor as a whole, on a going concern basis.

Inventory Assorted, and 11 Bikes staked in three rented premises at Kashipur (Uttrakhand)

Assets of the Corporate Debtor proposed for sale into 4 parcels which are as below - Category A - Parcel 1- Company as a Going Concern, having reserve price of INR 321.09 Crores with EMD amount of INR 1 Crore Category B - Parcel 2 - Phase I of the Company as a going Concern, having reserve price of INR 132.21 Crores with EMD amount of INR 0.25 Crores Category B - Parcel 3 - Assets of Phase II as a Parcel, having reserve price of INR 56.03 Crores with EMD amount of INR 0.25 Crores Category B - Parcel 4 – Assets of Phase III as a Parcel, having reserve price of INR 119.89 with EMD amount of INR 0.50 Crores Assets like cash available in the Company, Fixed Deposit, receivables from DISCOMs (<90 days), the unbilled revenue, amount receivable from ongoing litigation (TRA and Contempt) are excluded from the Process and the same shall be distributed among the Stakeholders. In addition to above there are few assets which have been excluded from Parcel 3 and 4 and same shall be sold in next auction.

Factory Land and Building

Land - Area – 1.22 acres – 4,937 sq mts

Land area–1.25 acres-5,059 sq mt

Thermal Power Plant, comprising a coal handling boiler turbine generator system, Ash handling unit, etc.

Liquidation As A Going Concern Consisting Of Land & Building, Plant & Machinery And Financial Assets & Securities : For assets description refers to Process Information Document on E-AUCTION website i.e. www.eauctions.co.in or through E mail : dpsampat@sampatassociates.in

Receivable from Avoidance of Transactions, if any