Ref: YBL/DEL/NOC/0039/ 2017-18 Date: September 20, 2017 Avantha Realty Limited ‘Avantha Fioldings Limited | Solaris Chemtech Industries ‘Thapar House, 124Janpath, | Thapar House, 124 Janpath, | Limited New Delhi - 110 001 New Delhi - 110 001 First India Place, Tower “C”, Gurugram - 122 002 Sub: No objection certificate for release of land & building and moveable fixed assets located at 40, Amrita Shergil Marg, New Delhi (referred to as “ASM Property”) owned by Avantha Realty Limited (”ARL”) and mortgaged to YES Bank Limited (YES Bank) for securing various credit facilities (detailed in Annexure 1) extended by YES Bank to various Avantha Group entities. Dear Sir, We refer to our Letter ref; YBL/DEL/NOC/0037/2017-18 dated September 06, 2017 providing our conditional NOC for release of ASM Property on receipt INR 374 Cr plus accrued interest in ARL current account maintained with YES Bank. Since an amount of INR 3,754,771,500.25 has been deposited in the respective account on September 13, 2017, we hereby convey our No Objection for modification of various charges (AS defined in Annexure-I}) “for removal of exclusive charge over ASM Property” and filling with ROC against various loans as mentioned in Annexure-| For YES Bank Limited Ww & \ V is ° z Authorized Signatory = National Operations Centre -i, YES BANK Limited, 7th Floor, Tower B, Building No, 8, DLF Cyber City, Phase-tl, Gurgaon 122 002, India. Fel: 914}24) 461 9000 Fax: +94{124) 46) 9022 Regd. & Corporate Office: Nehru Centre, 8th Floor, Discovery of indie, Or A.B. Road, Worl, Mumbai 400 078, Indio. Tel. +91(22) 6669 900012490 0650 Fox. « 9722) 2490 0314 Website: www yesbank inps A vant ‘Holdings Limited _ ‘Avantha Holdings Limited Solaris Chemiech Industries Limited | "700057153 INR | Fx 00y000,0007° | EE 00057164 INR | 4,950,000,000/- Fousti70 | INR 4,000,000,000/- a {Charge !D ‘Amount of Loan en 00057146 TNR 850,000,000/- ime of the Company witha Realty Limited __ ‘Annexure Ik Details of Charges to be modified TAug 1 a-Aug- | 2016 | | Of ful-2016 i Cn Date "Type of Modificati | SEE is ot Tiag | » Removal of Exclusive charge over IMPA of 2016 40, Amita Shergill Marg, ‘New Delhi a0, Amrita’ > Removal o 40, Amrita IN J Removal of Exclusive charge over IMPA of shergil Marg, New Delht ” __ 7 Eaclusive charge over IMFA of Shergill Marg, New Delht SA J Removal of Exclusive charge ove IMEA of 40, Amrita Shergill Marg, New Delhi s Removal of Exclusive charge ove Lease Rentals, Current Assets & Movable Fixed 440, Amrita Shergill Marg, New Assets of Delhi