Date: 22/04/2023

To
The Board of Directors,
B. G. Shirke Construction Technology Private Limited,
72-76 Industrial Estate, Mundhwa, Pune – 411 036,
Maharashtra, India.

Subject: Consent to the Scheme of Arrangement of B. G. SHIRKE REDEVELOPMENT

AND GAS PRIVATE LIMITED with B. G. SHIRKE CONSTRUCTION TECHNOLOGY
PRIVATE LIMITED

Dear Sir(s),

This is with reference to the Scheme of Arrangement (“Scheme”) which provides for the
demerger of B. G. SHIRKE REDEVELOPMENT AND GAS PRIVATE LIMITED with B. G.
SHIRKE CONSTRUCTION TECHNOLOGY PRIVATE LIMITED under the provisions of Section
233 of the Companies Act, 2013 read with Rule 25 of the Companies (Compromises,
Arrangements and Amalgamations) Rules, 2016 and other applicable provisions, if any, of the
Companies Act, 2013 (including any statutory modification(s) or re-enactment thereof for the
time being in force), with effect from 01st April, 2022, the Appointed Date.

We Mahalaxmi Trading Corporation having our registered office at 183, Small Factory Area ,
Bagadganj, Nagpur-440008 being unsecured creditor of the Company as on 30th November,
2022 do hereby confirm that we have gone through the contents of the Scheme as approved by
the Board of Directors of the said Company on 21st January, 2023 and we hereby give our
unconditional positive consent to the proposed Scheme.

Thanking you,

Yours sincerely,

For MAHALAXMI TRADING CORPORATION

Authorized Signatory