Dear Sachin,

We have approached the insurers who underwrite Surety Bonds / Bid

Bonds in India and currently they do not have a appetite to
underwrite Surety Bonds. Attached E – mail from SBI and Bajaj
Allianz for your ready reference.

We are approaching the Reinsurance Markets for Terms and will

update you shortly on the same.

Thanks and Regards,

MANOJ VIJAY RANE
Senior Vice President – Head of Liability Underwriting and Trade Credit.
Mobile: +91 8422966634 / 96640 99940 | Board: +22 6739 0900 |

Alliance Insurance Brokers Pvt. Ltd.

Corporate/ Registered Office: 8th Floor, Gold Crest, 10th Road, Juhu, Vile
Parle (W), Mumbai 400 049, India.
This e-mail and any files transmitted with it are for the sole use of the intended recipient(s) and may contain confidential and
privileged information. If you are not the intended recipient, please contact the sender by reply e-mail and destroy all copies
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From: Sachin Gour <sachingour@allianceinsurance.in>

Sent: Wednesday, October 25, 2023 11:18 PM
To: manojrane@allianceinsurance.in
Subject: Regarding Insurance Security Bond

Dear Manoj Ji,

As discussed, client awaited our reply to this proposal please share.

Regards,
Sachin Gour
From: Sachin Gour <sachingour@allianceinsurance.in>
Sent: Friday, October 20, 2023 4:45 PM
To: 'manojrane@allianceinsurance.in'
<manojrane@allianceinsurance.in>
Cc: 'GN Satpathy' <gnsatpathy@allianceinsurance.in>; 'Vineet
Kamra' <vineet@allianceinsurance.in>
Subject: Regarding Insurance Security Bond

Dear Manoj Ji,

As discussed, please find attached required details.

https://www.shaktipumps.com/annual-report.php

Thanks & Regards,

Sachin Gour
Vice President – Corporate Solution Group
Mobile: +91 7447779903 | +91 9826801045 |
www.allianceinsurance.in
Alliance Insurance Brokers Pvt. Ltd.

This e-mail and any files transmitted with it are for the sole use of the intended recipient(s) and may contain
confidential and privileged information. If you are not the intended recipient, please contact the sender by reply e-
mail and destroy all copies and the original message. Any unauthorized review, use, disclosure, dissemination,
forwarding, printing or copying of this email or any action taken in reliance on this e-mail is strictly prohibited and
may be unlawful. The recipient acknowledges that Alliance Insurance Brokers Pvt. Ltd., are unable to exercise
control or ensure or guarantee the integrity of / over the contents of the information contained in e-mail
transmissions and further acknowledges that any views expressed in this message are those of the individual
sender and no binding nature of the message shall be implied or assumed unless the sender does so expressly
with due authority of Alliance Insurance Brokers. Before opening any attachments please check them for viruses
and defects.

From: Vikas Sharma <vsharma@shaktipumps.in>

Sent: Friday, October 20, 2023 4:25 PM
To: Sachin Gour <sachingour@allianceinsurance.in>
Subject: [**EXTERNAL**] Fwd: Regarding Insurance Security Bond

---------- Forwarded message ---------

From: Jayant Tetwa
Date: Fri, Oct 20, 2023 at 4:06 PM
Subject: Regarding Insurance Security Bond
To: Vikas Sharma
Cc: Sunil Ghode , Piyush Patidar Bhupinder Kaur

Dear Sir,

As per discussion held with you, I am sharing project details as

follows-

1. Project Value: 1409 Cr. approximate (Exclude gst)

2. Value of PBG required: 42,27,75,000/-
3. Tenure of PBG: 5years
4. Work Completion period: 4 Months

Maharashtra LOA attached herewith mail.

Please let me know if you need any other help from my side for any further
assistance kindly feel free to contact undersigned.I would be delighted in
assisting you..

Thanks & Regards,

Vikas Sharma

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