| 1. Term Loans
a Term loan of Rs. 250 crores (Phase I) and Term loan of Rs. 153 (Phase
II) are secured by Pari Passu first charge on all existing immovable
and movable assets of the company situated and proposed to be situated
at Block No. 17 to 19 at Karanj and Block No. A/1. B/1, M/1 at Textile
Park, Hathuran and second charge oh all Current Assets of the company.
2. Corporate Loans
a Corporate loan from Syndicate Bank is secured by EMT of Land and
Hypothecation oi 9 wind mills situated at Tirunelveli, Talmilnadu. b
Corporate loan from Indian Overseas Bank is secured by Hypothecation of
7 wind miils situated at Ratlam.M.P.
3. CONTINGENT LIABILITIES AND COMMITMENTS
a. Estimated amount of contracts remaining NIL NIL
to be executed on captial Accounted and
not provided for
b. Counter guarantees given to banks NIL 738.71 |