Nagarjuna Oil Corporation Limited , fe: MO Chamber, New No 5 (Not), Or. Raahlhran Sl Myapre,Chral = 600004 NaggRTUNA FeO Teas 42 SOU EF 4 281 18-12-2011 To Managing Director Precision Equipments (Chennal) Pvt. Ltd. No, 130/131 Industrial Estate, Perungud! bh Chennal-600 096 yA gp Phone: 044-2496 1916 . ind Attn: Mr, P, K, Easwaramurthy ‘Subi PO Nos, SNP 125 & 0340 Dear Sir ‘This has reference to your letter dated 15-12-1 1on the above subject. Orders as detailed ‘We have taken note of the particulars with reference to the Purchi In your letter. Wethave tied tigre si nal Toan requirements for the Project due to Increase In the Sk pref De ea ABO ee Veet C Ae woe We are inthe ikaP Stages of tyingAbF additional equity which Is expected in two months from iow: Weare hopétul-to téke up these payments as soon as we get the equity e proceeds say by end February 20427 ‘by end February 20127 We are very thankful to the support extended by you for the Project and we request you to bear with the delay. Thanking you, 's Sincerely Execiltive Director-Finance Copy to jenmnal Mr. GowriSivaManoharan, ED-Projects