Ref: 90815902 To, IMIS. Suntise integrated Ecuctaional Trust Plot No 2 Scheme No &,Extension Alwar Rajasthan ‘Alwar Rajesthan-301001 Dear Sir/Madam Re: Your SME Property Term Loan Application 01260628 dated 25/01/2016, Subject: Sanction letter for SME Property Term Loan, With reference to your SME Property Term Loan Application, we are pleased to Inform you that your SME Property Term Loan Application has been considered and we have in principle sanctioned the loan facility inter ~ alia on the following key terms and conditions: 1. [Borrower Nam IMIS. Sunrise Intograted Eductaional Trust 2, [Goborowers name Mr. Deep Kamal Agarwal rs, Manju Agarwal Mrs, Rity Gupta Mr Vishau Kumar Agarwal 3 |Loan Amount in INR [Rs.15.04.62.496/- (RupeesFifteen Crore Four Lac Sixty Two Thousand Four Hundred Ninety Five Only) [Tena in monthe [96 months 5 [Rate of interest |14% Per annum (Le. DHFL's RPLR 18.3% Jr 45% pa =1@%bp.a ‘The above interest rate is inked to DHFL's RPLR and inierest rates are subject to revision by DHL from time to time. 6 [Interest Type (BLE linked to DHFL's RPLR: 7. |Loan processing Fee in INR 000 plus Applicable Taxes &, [Installment Amount in INR 1-8 Years EMl= 2615038 8. [Mode of Payment 10,|Schedule of Repayment MONTHLY 7 i finsurance [You shail insure the hypothecated properties against any loss or damage by tire, lightening, learthauake, explosion, riots, civil commotion, stike, cyclone, tempest, food, war, pilferage land such other risks a8 may be required by DHFL from time to timefor the full tenure of the loan, 2 \Valaity [The terms proposed above are vald for a period of 60 days from the date of issue ofthis letter. {Penal inierestAdalional Interest [OHFL reserves the right lo levy panal inloresUaddllonal interest @ 18. % par annum in ladcition tothe interest rates as mentioned above forall vercue/delays of any monies lpayable to DHL 14, |Seouriy Exclusive frst Charge i favour of DHFL by way of Equitable or registered Morigage of the [Property situated at Bagad Rajput, Alwar, Ai |Additional Colateral (If any ) |Charge in favour of DHL shall ‘Sunsise Univers 1080, Rajasthan {with the ROC (if applicable). Dewan Housing Finance Corporation Ltd. Cerporate detcaton Mare: (Ci = LesBionio4pLcos2630 Se 201, 2nd floor Vipul Agora MG, Road, Salos Enaquky Tol Free: 1800 22 2495 Gurgaon - 122002, Haryana, (Customer Care Toll Free : 1800 3000 1919 Regd. Office: Wardon House, 2nd Floor, Sir P.M. Road, Emalresponse@atLeom Fort Mumbal- 400.001, Visitus at: wie di.comInsurance det ~~"As per your interest expressed in the Application form for taking insurance cover, we being the Group Administrator/Manager {for DHFL Pramerica Life insurance Company Limited and Chola MS General Insurance Company Limited furnish below the details ofthe insurance productsicovers offered by the aforesaid Insurer: ‘The premium amounts of the insurance products/covers are Included in the sanctioned Loan amount and the details of which are as under: 4, SME Shield underwaitton by Di Pramerica Life Insurance Co. Ltd. The Premium amount is Rs. 446271.001- 2. Family Floater Insurance underwritten by Chola Ms General Insurance Co. Lté. The Premium amount is Rs. 14224.001- However, you may opt for any one or all insurance cover as aforesaid through any other underwriters as available in the open market ai your sole discretion. For more information about the insurance cover, product and terms, please read the product features carefully. “The offer is forwarded to enable you to confirm, by signing the Application form for the above insurance covers. | you require any further clarification on your Sanctioned loan amount, please fee! fre to contact us and our officer's handling your application will assist you 15.Condition Precedent: | Know your Customer (KYC) Compliances, as per the requirement of DHFL. i Corified and dated true copy of (i) Memorandum and Article of Association and (i) Certificate of Incorporation of the ApplicantiBorrower (in case of ApplicanBorrower is a Company) or constitutional document of the AppilcantBorrower, as the ‘case may be; OR Certiied and dated true copy of Partnership deed of the Applicant /Borrower (in case of ApplicantBorrower is a Partnership fim ang Property owner) along with copy of registration certificate issued by the Register of firms (as the case ‘may be; OR Certified and dated true copy of Partnership deed of the Applicant /Borrower (in case of Appicant/Borrower is a Parinership frm and Property owner), i Certified trua copy of (i) Permanent Account Number and tax deduction account number Issued underincome Tax Act and cortficate of registration, if applicable, for the sales taxlvalue added tax and (i)Cortifcate of registration under the shops and establishment act issued to the Applicanl/Borrower, applicable; Wy Certified True copy of the Resolution of the Board of Directors (in case of Applicant/Borrower is Company), Board resolution authorizing the authorized signatories to execute the documents andCreation of security for the Loan facility or Authority letter {in case of Partnership frm) or CertfiedCopy of Trust Resolution’ Society resolution (as the case may be) ¥_ Compliance of the conditions stated in Annexure 1 hereto. vi Disbursement request 46.Documentation: | Duly accepted sanction letter signed by the authorized signatories ofthe ApplicantBorrower, i _Loan Agreement, Demand Promissory Note, Lelter of Continulty for Demand Promissory Note iii Any other document's as prescribed or stipulated by DHFL Hf you require any further clarification on your Sanctioned terms and conditions, please fee! free to call our Area Sales Manager Nia ‘Gai who would be glad to assist you. ‘This sanction letter is forwarded in duplicate to enable you to confirm, by signing, thatthe terms and conditions mentioned in the sanction letter are acceptable to you, We value your relationship with us and assure you of our best services alvays. For ein Sfporation Limited We hereby acknowledge the receipt of the sanction letter. We accept and agree to be bound by the terms and conditions, contained therein. For Authorised Signatory(Name, Designs n & Signature of the Applicant(s) with company seal) DatAnnexure 1 ‘Additional terms and conditions forming part of the Sanction Letter: Part A (Sanction Conditions by credit) 4. End use eter to be documented 2. Poslive FURCU Repors and document check reparts to be documantod 3 LTV tobe retained al 45% of the average valuaton of Property 44 Subject to Technical & Legal clearance of propery '5 Repayment of cur loan to ba from main acoount of Mis. Sune Integrated Educational Trust 8 3SPDC from all o-applcantis tobe submitted before disbursal 7 CA Cenfad Provisional Financial Sialement iso ba submitld befor disburse {8 Audited financial statement along-withITR fr FY 2014-15 i to be documented ? POD 9. Dr. V.K. Aggarwal is o be taken on lean structure & his KYG%s tobe documented before Dsbursal 10. Subject to positive CIBIL report of Dr. V.K. Aggarwal. 11 Proposed Fuding ls BT of PNB term loan. List of decament & balance oustanding tobe collected before disbursal Part B (General Conditions) 1. Loan wil be distursed subjac io ere, legal and techrical clearance as perth rules of DHFL in that behalf 2, Pre-EMI inerest at the ate, at which the EMI has been calculated, shall be charged from the respective date(s) of disbursement tothe dete of commencement of EMI in rospect of the loan. 3. The Ell, Pre-EMIintecests are tobe pad on or befor 10th of every month 4. The effoctve Rate of Interests subject to revision fom timo to time, basod on tho interest rate announced by DHFL from tine to ime as is Retail Prime Lending Rata (RPLR) and shal be applicao to your loan wth spread, if any) as may be decided by DHFL. DHFL may at ts sole cretion aor the effective rate of inlerest, suitably and prospoctvely under unforeseen oF extra ordinary changes in the money market conditions 5. AS por your request, he offer belng made to you under Variable Rat of rtrest. The effective rato of intrest mentioned above is based on the curfonty prevaling RPLR of DHL and the same may vary athe time of dsbursement of he loan as wall 2s during Rs pendency in terms of the ican agrabment. Ih case ef variations Inthe intrest ate, tne numberof EM! i lable to vary fom Ue o ime 4. The Loan wil be secured by exclusive charge i favour of DHF. by way of registered or Equitable morigage of the propertyasots as mentloned inthe eecurly clause andior such ather securities, 3 ONFL may fnd necessary and secspttie. 7. Documentsireporis/evidonce as may bo roquired by DHL shall be produced to ascertain thatthe property/assets to be chargedimortgaged with DOHFL have a Gear and marketabla fe ano free rom encumbrances, 18, The crigina thle deed ofthe propesy/ascetschargacimartgagad shal be deposiod wth OMFL for sacucng the loan lrevoeable Power of Atlomey/ Declaration cum indemnity in favour of DHFL (in case of Balance taser fam other financial institute only) 410. Any duty, taxes, lees, documentation charges Including creation of secunty in favour of DHL, legal charges, any kind of alher charges or contingency eto, if any, i io be borne by you. 11, You are required to pay OHFL the charges tobe paid to CERSA fr creation modification and salisfaction of charges as appleable from tie to lime and aso pay to OHFL other applcabie charges as per DHPL. tari schedule updatedias may be updated inthe DHFL website fom te to tire. 12.This sanction later shall stand revoked and cancallad and hall absolutely null and wold, it 2. Any material changes occur i the proposal for which tis lan sin principle sanctioned; »p, Ay material fact concoring income or ably to repay or any other relevant aspect of he proposal or application for lan is withheld, suppressed, concealed or not made kncwn to DHFL; «Any statement made in the loan applicaion is found tobe incorrect and untrue 13. nthe avent of non compliance wih any ofthe formaltia /raquitemants by DHL, then al amcunts pad by you lo DHFL as fees shall not be refunded but shal stand sdjusted towards the payment of feos for tne sarvioas rendered by DHL to you tl hon 14. ILwill be your responsibilty fo ensure thatthe tile ofthe property to be mortgaged to DHFL is absolutly cesr, markelable and fre from ‘encumbrances. 15, DHEL shal be informed in wring about any changes in correspondence address, changes in business, asthe case may be immediate, 18, DHFL may appeint an independent agency for vacation of information or documents provided by you. 17. The Applicant agrees, declares and conti thatthe lon so sanctioned shal be tized solely forthe purpose itis granted. 1B. No changes in the management structure are permissible without the prior writen consent of DHFL during the tor ofthe loan. 419, Ary ther ters and conaons nat ined in this letter but contained inthe Loan Agreement shall be treated as part cf this sanction 20, Issuance ofthis sanction ltr dovs not givaleanfor any logal ight and DHFL wil be at ful Ierty to revoke this offedue toy ofthe resson meniloned above or ethene, 21. DHFL reserves he right to most, alter feancel any terms and conditions ofthe sanction letter al any time without giving ay prior notice 22. The Appicant hereby agrees that DHL shall have the unquallid right to cscose Io an agency the cred information, documents, nancial slalemante and for other delals forte purpose verfeaion andlor cue dienes in such manner and in such medium DMFL may decide in ts lbsolute discretion and such disclosure shal not be considered tobe Breach af confidenally on the part of DHFL,