Date : 29/11/2017 10:03 AM BENGAL SHRIRAM HITECH CITY PRIVATE LIMITED REGISTERED OFFICE : 40/43, ‘NAGASHREE CHAMBERS’, 8" MAIN, 4™ CROSS, R.M.V. EXTENSION, SADASHIVANAGAR, BANGALORE ~ 560 080, INDIA. CORPORATE OFFICE : EN-32, 1°' FLOOR, SECTOR-V, SALT LAKE CITY, KOLKATA ~ 700 091, INDIA. GST No. 19AAKCS3576)1ZP ATTN : MR SUKANTA MONDAL (9836553002) / KOUSHIK BHATTACHARYA (8017517565) © 033 4001 5340 / 3246 5340 a sukanta.mondal@shriramproperties.com; bala.s@shriramproperties.com; suresh sarawagi@shriramproperties.com ; nag@shriramproperties.com ; koushik@shriramproperties.com ; nagendra@shriramproperties.com ; subramanyam@shriramproperties.com Subject : Acknowledgement and Acceptance of Order We are in receipt of you 1) Purchase Order Ref No. 8S/Projects/2017-18/PO-15 dated 25" September 2017 for the construction of “Grand One” at Shriram Grand City, Uttarpara, Hoogly, West Bengal, India estimated for a. Approx. 17,334.80 m? @ USD 99 /m? b. The modification mentioned in the email dated 22-Nov-17 & 28-Nov-17 shall always be construed as an integral part of this Purchase Order subject to change based on final quantity as shown on packing list, CIF Kolkata, India. ‘Thank you for your patronage. Yours faithfully, ‘2000 Pon Kang, Selrgor Dond Ehsan Tk (00) 3975 3800" Fax (05) 3578 9108 / 3190GRAND GELY Purchase Order Reference: —_88/Projects/2017-18/PO-15 Date: To 25" September'I7 ‘M/s, MFE FORMWORK TECHNOLOGY SON BHD (203754-U) Lot 4 and Lot 6, Jalan Tun Perak 3, Perdana industrial Park, 42000 Port Kiang, Selangor, Darul Eshan, Malaysia Tet: (03}3375 3000 Subject: Purchase Order for "Manufacturing based on Design and Supplying of two nos ful set of ‘Moulds for Mineral Materiais (Concret Project "Grana One" at Shriram Grand 9) including necessary accessories” for Residential ity, Uttarpara, Hoogly, West Bengal, Indio. Reference: _ |. Letfer issued by M/s MFE on date 5-Sep-I7 subjected by "Acknowledgement and Acceptance of Order" 2.LOA # BS/Projects/2017-18/LOA-1 | on date 31-Aug-17. 3, MFE’s Quotation: IND/KSH/16/06/1806e on date 12-May-17 Dear sir In teference to the Lod # 85/Projects/2017-18/LOA-11 sued to you on date 31-Aug-17 and subsequently your acknowledgement and acceptance of the Loa, we are pleased fo place the ‘Purchase Order’ for “Manufacturing based on Design and Supplying of two numbers full set "Moulds for Mineral Materials (Concrete)’ including necessary accessories” for Residential Project “Grand One” at Shriram Grand City. ee (GN372, 7b Fr, Vico Par, Sect, Sak Late Cy, Kot - 700031 | P33 4001 540/038 3246 53401 Www sharerandlycom|e-malt sass Detinitions: BSHCPL: "BSHCPL means “Bengal Shriram HiTech City Pvt. Ltd.", the owner registered under the companies Act 1956, having its registered office at ‘Block GN-37/2, 7” oor, 78, Victoria Park, Sector V. Salt Lake City, Kolkata-700091", includes its representatives, successors, permitted assigns ond its legal ‘and authorized representatives. [MFE: "MFE" shall stand for Messieurs MFE Formwork Technology Sdn. 8hd., the supplier of the complete ‘Aluminum Formwork and its accessories, having its registered office at “Lot 4 and Lot 6, Jalan Tun Perak 3, Perdana industria! Park 42000 Port Klang, Selangor, Darul Eshan, Malaysia Project: The Moulds for Mineral Materia's|Concrete) shat be supplied for the proposed residential Project “Grond One", which is Phase | of the integrated township project “Shriram Grand City’ comprised in Daag No. 4474 [P}. under LR. Khation No. 11976, within Mouza Konnagar. J.L. No. 7, Polce Station ~ Uttarpara falling within the local limits of Kanaipur Gram Panchayat in the District of Hooghiy, West Bengal, india, Materials: Moteriais means the ‘Moulds of Mineral Materials (Concrete)’ to be used for formwork arrangement for constructing G+14 towers, including necessary accessories like pins and wedges, wailties etc. Bilet Details about the Project “Grand One’ . Project Lond Area 15.04 Acres . No. of Floors :Ground + 14 upper floors : No. of Clusters 8 . No. of towers 24 (03 towers per cluster) Bengal Shriram Hitech City Private Limited CIN No. U4S203KAz008PTCO40975, ‘Regd Ofc: No. 44, Nagasvee Chamba Sh Main. 4h Coss, RAL. Enon, Sadstvaraa, Banglore -S60 8852 1 § Shriram perties Homes that live in you hiragrarcty comContinuation Sheet 2. Scope of Work: ‘SL fem Description ty. UOM | Rate No. uss) 1 | Manufacturing based on design and supplying of ‘Moulds for Mineral Materials(Concrete)‘inciuding necessory | 17.3348 |Sqm | us.99_ | uss 17.16,145 accessories such as pins & wedges, wall ties ete. ‘Amount in US$ Total Purchase Amount | USS 17,16.145 | {In Words: US Dollar Seventeen Lacs Sixteen Thousand One Hundred Forty-five only, 2.1. Scope of Supply: M/s MFF shall manufacture based on the dasign prepared by him and supply ‘Moulds of Mineral Materials (Concrete)' for al intemal and external vertical elements along with siab> ‘elements for complete 2 Nos ful sets, for 2 Nos Clusters or & Nos Towers. 22. Material Specification: The following speci system by M/s MFE. © Aluminum Grade: 4061 16 ‘+ Thickness of Panel: 4 mm (except width below 180 mm) ‘+ Weight of total System: Approx. 33 kg/Sam including all accessories, brackets. props, etc (+/- 5%) © Weight of Panel: Approx. 22 kg/Sam without props, brackels, accessories etc. (+/- 5%) ‘ation sholl be adhered while manufacturing the formwork 23. Supply of adjustable MS Props: All adjustable MS props (2 levels of each set oF 4 levels for 2 sets) shall bbe provided by M/s MFE. If additional propping is required to support certain concrete elements for a longer duration, in ‘accordance with any regulatory or consultant's requirements, then this additional propping shall be ‘arranged by 8SHCPL or may be supplied by the Main Contractor to these areas, 24. Accestorles: Accessories fo set up the formwork for single floor for two clusters at Site will be supplied bby M/s MFE as follows: ‘= Pins / wedges and rocker bolts (coefficient for supply of pins /wedges and bolts is 10. Nos/Sqm). ‘+ Allother accessories as per actual, such as wall ties, PVC cones, sleeves, kicker bolt, nuts etc. 10, set up the form work for two floors for two clusters af site ( one floor for each cluster) plus 2daitional (20%) allewance for site wastage shall be provided by M/s MFE ‘+ Supply of Safely brackets: M/s MFE will aso provide (1+1/2) level of integrated MFE steel safety / ‘working brackets clong with other formwork accessories. 25. Free detention period of the Containers: Free detention period for the containers shall be 21 days. 2.6. Supply of Wallers and other members for alignment: Wallers and other alignment elements ore ‘excluded from the scope of supply of M/s MFE, However, M/s MFE will provide detailed drawings and required quantity in this regard i... where alignment elements should be installed, to M/s BSHCPL. 3. Poyment Terms: 3.1. M/s BSHCPL has opened iirevocable Letter of Credit on date 26-September'17 of amount 15,60,000 USD {along with tolerance of +/- 5%) within 21 days from date of LOA, in favour of M/s MFE FORMWORK TECHNOLOGY SDN BHD. The payment will be made in accordance with the terms the Letter of Cre ‘and other terms and conaition as mentioned in this Purchase Ordier. AV oN Page 2 of §Continuation Shoot 3.2. Balance Payment would be made by Telegraphic Transfer (IT) based on the Proforma invoice before delivery of the Materials, M/s MFE shall intimate M/s BSHCPL in details before the delivery and shipment of the Materials and then place the final invoice. 33. AllBank charges outside India willbe to M/s MFE's occount. 3.4, The quantity as given above is estimated by M/s MFE based on approved shell plans, However, the Payment shall be made on actual quantity based on modulation drawings. 3.5. Local Taxes: All local india levies / taxes / custom duties shall be bome by M/s BSHCPL. However, M/s MFE shall make necessary documents available to the clearing agent, to be deployed by BSHCPL. for clearing the Materia ot Kolkata port, India. Transportation charges from Kokata port to Site shail be bore by M/s BSHCPL, 3.6. CIF: Port of destination is Kolkata and CiF (Cost, Insurance and Freight) shall be arranged by M/s MFE (ond the same is included in the ‘Total Purchase Amount’. 37. Insurance: It shail be the sole responsibilty of M/s MFE fo insure the materials at 110% of the valve ofciered and it wll remain valid til ihe Materials are delivered at Site Site Address: Shram Grand City, Birla Road, Land mark- Testing track, PO- Barabahera, PS- Utorpora. Dist: Hooghly, Pin- 712246, 4, Delivery Schedule: Shipment shall be dispatched from Malayasia Pert within 8 weeks from the date of ‘opening of Letter of Credit. Accoraingly, the last date of the dispatch from Malaysia shall be 20" Nov'I7. 5. Measurement for payment: 5.1, Quantification for Payment: The above cited quantity is an estimation prepared by M/s MFE, based on the approved shell drawings submitted by M/s BSHCPL. for calcuiation. However, payment shall be made on actual quantity worked out based on ‘Modulation drawings’ and amount shal be accordingly adjusted based on unit rates. The area to be considered for final invoice and payment shall be the area of Moulds which willbe in contact with concrete surtace only. 5.2. Payment for MS Drop Frames: Contact area of MS Drop frames, it supplied for Sunk Portion, will be measured for payment. 53. Payment for Grooves and Cutouts: Contact area of grooves, for elevation purpose, for creating recess in kitchen/bathytoilet concrete wall for plumbing pipes or any other purpose & MS Box cut outs, Itrequired for services, will be measured for payment, over and above full panel contact area. 5.4. Payment for MS Props: For both levels of props, crea in contact with concrete (Prop Heads), will be measured for payment. Drawings and specifications: 6.1, Supply of GFC Drawing: M/s BSHCPL shall provide ful set of drawings, both Architectural and Structural, stamped as "Good for Construction” to M/s MFE for design and calculation and preparation of other fabrication and modulation drawings 62. Preparation of Shell Plan: M/s MFE shall prepare Shell Plon and Elevation based on the details given in the Architectural and Structural Drawings of the Project, provided by M/s BSHCPL. 63, Preparation of Modulation Drawing: On receipt of approval of the Shell Plans ang Elevations trom M/s BSHCPL, M/s MFE shall prepare Modulation Drawings to facilitate the fabrication. Page 3 of 564, 65, 66 67 68 7. 72. 73, 74. Continuation Sheet The following needs to be noted while fabricating and manufacturing the Aluminum Formwork system, |. For all Vertical Members, SCC [Self Compacting Concrete) shall be used 2. For ail Horizontal Members, NC (Normal Concrete shal be used) Apart from the above followings are to supply by M/s MFE 1. Staircase Cover. 2. Top Cover of Window Sil 3, Wall Panel - Floor fo Floor height/Ful height. ‘Commencement of Fabrication of Formwork System: M/s MFE shail start fabrication work based on the "Modulation Drawings’, ‘Supply of Modulation Drawing: M/s MFE shall clso provide M/s BSHCPL with two [2} copies of the Modulation Drawings. one of which shall be laminated. Deployment of Supervisor for technical guidance: An experienced ‘Aluminum Formwork System Supervisor’ will be deputed by M/s MFE, as soon as the Material reaches Kolkata port, who will assist in receiving the Materials at port and provide technical advice/guidance in selting up of the Formwork System at Site for a period of 10 {ten} man weeks per set, free of charge. The concemed Supervisor will work 8 hours per day and 6 days per week. While unpacking the containers at Site, the concemed supervisor shall be present at Site and provide assistance to other contractor in sorting, numbering ‘and marking the components M/s BSHCPL shall provide suitable accommodation and transport from accommodation point to Site} for M/s MFE's Supervisor tree of cost. Initial tools for setting up the moulds: Too's like cutter, dll machine, grinder, etc which are required to set up moulds for the fist fime are property of M/s MFE and will be allowed fo take away at the end of supervision period, Use of sufficient quantity of Aluminum: I's the responsibilty of M/s MFE to book sufficient quantity of ‘Aluminium of specific grade and quailty, required for this order. M/s BSHCPL will pay neither any ‘additional charges if Aluminium price goes up nor will ask for any rebate if price goes down, once LoA (Purchase Order, whichever is earlier, placed and is accepted. Other Terms and Condition: Cancetlation/Reduction in scope of Work: In the event of cancellation / substantial reduction in scope of work, advance willbe adjusted against cancellation of full / partial aluminum booking and design charges incurred fil that point of time. Increase in scope of Work: In case of increase in scope, rate will be reviewed considering aluminum price af that point of ime and based on the then agreement. Loading of containers on Ship: M/s MFE's Scope Is fo load the containers on ship with freight prepaia Cond insurance paid, and the entire process shall be govemed by the intemational rule INCOTERM CIF. M/s BSHCPL wil not be responsible for any demurrage / detention charges that may occur due to any reason whatsoever. Documents required for consignment: The following documents will be required to accompany the consignment: Tax/Commercial invoice. Inspection Certificate. Packing lst Certificate of Malaysian Origin Issued by Chamber of Commerce or Equivalent Authority “Shipped on Board’ Bill of Lacing marked “Freight Paid! issued by Shipping Company, Warenouse-fo-Worehouse Insurance-Certificate of currency vessel hos departed the port of Malays. e Page 4 ol‘ae Continuation Sheet GranD GITy 7.5. Rejection of Matertal found Defective: In case the supplied Materials or part of the Materials are found detective and not up to the reauired standards or not matching the shapes or design as per Drawing. then the same shall be replaced with good quality Materials. The entire cost for replacing the Materials inclucing the loss in working hours, shall be borne by M/s MFE. 7.6, Delay in receiving the materials: If the supply of Materials ore delayed from the scheduled delivery date, the delay damages shall be applied and payable by M/s MFE. The delay damages shall be calculated os 0.5% of the "Total Purchase Amount" per day of delay. 7.7. Atbitration: Disputes of a nature immediately affecting the quailty, safety, progress rate or cost/price of any critical item of tne work in progress, shail be immediately referred to Concilation. Any such dispute shall not be @ reason for stopping the work and M/s MFE shall not stop the work, unless specifically so instructed in writing by M/s BSHCPL. All matters shall be subject to tne fight of Conciliation, and if conciliation fails, 10 arbitration as per provisons of the Indian arbitration and Conciliation Act 1996 to be conducted at Kokata. Ils mutually agreed between the M/s BSHCPL and M/s MFE that the sole arbitrator acceptable to both parties, wil near ond guide the parties to resolve the dispute at the earliest and the decision of the arbitrator will be final and binding on both the parties. All other disputes shall be subject to jurisdiction of competent cours in Kokata. 7.8. Jurisdiction: in case of any dispute {3} / aitference |) arising out of execution of this Order, those shall bbe under tne sole Jurisdiction of the Hon'ble High Court of Kokato, Kindly acknowledge @ copy of this purchese order as « token of your acceptance. Thanking you Yours foithtuly, For M/s. Bengal Shriram Hi-Tech City Pvt. Lid. (Authorized signatory) Agreed & accepted For, M/s. MFE FORMWORK TECHNOLOGY (Authorized Signatory) Page Sot §Manoj Zala a ‘Sukanta Mondal [sukanta mondal@shriramproperties.com] 28 November 2017 16:47 Ketan Shah; Manoj Zala Balasubramanian; Suresh Sarawagi; Koushik Bhattacharya; nag; subramanyam; ‘Pat Gorham’, ‘Jim Robinson’; ‘Qianwei Liew; subramanyam Subject: RE: ‘Purchase Order’ for Aluminium Formwork with revised ‘Delivery Schedule’ Attachments: Purchase Order.pdf Importance: High Dear Mr. Ketan, With reference to the trailed mail the following clauses stand modified based on mutual discussion and agreement to the extent and in the manner mentioned below in regard to the ‘Purchase Order’ # 85/Projects/2017-18/PO-15 dated 25-September-2017 . }, Clause 7.6: Delay in receiving the Materials: If the supply of Materials is delayed from the scheduled delivery date, as detailed in clause in clause 4 hereinabove, the ‘delay damages charges’ shall be applied and payable by M/s MFE. The ‘delay damages charges’ shall be calculated as 0.5% of the ‘Total Purchase Amount’ per week of delay subject to maximum 5% of the ‘Total Purchase Amount’ 2. Clause 7.5 : Rejection of Materials found defective: If the supplied Materiais or part of the Materials are found defective and not up to the required standards or not matching the shapes or design as er drawing, then the same shall be replaced with good quality Materials. The entire cost for replacing such defective Materials shall be borne by M/s MFE Kinaly note that the modification mentioned hereinabove in this e-mail and e-mail dated 22-Nov-17 shall lways be construed as an integral part of the ‘Purchase Order' refered above and “purchase Order’ shall be read with this e-mail for the purposes of interpretation and construction of terms contained therein, All other terms and conditions , as stated in the ‘Purchase Order’ # BS/Projects/2017-18/PO-15 dated 25- September-2017, shall remain unaltered, valid and in full force and effect, You are required to send us the acceptance of this “Purchase Order” by return mail without making any further delay. Thanking You Warm Regards ‘Sukanta Mondal For, Bengal Shriram Hitech City Pvt. Ltd. Mobile : 9836553002 From: Manoj Zala [mailto:manojz@mfeformwork.com] Sent: 28 November 2017 10:53 To: Sukanta Mondal 1 ; Suresh Sarawagi ; Koushik Bhattacharya ; nag ; subramanyam ; 'Pat Gorham’ ; ‘Jim Robinson’ ; ' ; 'Ketan Shah’ Subject: RE: 'Purchase Order’ for Aluminium Formwork with revised ‘Delivery Schedule! Importance: High Dear Sirs :This is with reference to your discussion with Mr. Ketan on last Wednesday, our HO has gone through modified ‘amendments and PO. They have recommended following changes highlighted in RED. Clause 7.5 : Rejection of Material found Defective: in case the supplied material is found defective and not up to the required standards or not matching the shapes or design as per drawing, then the same shall be replaced good quality material. The entire cost for replacing the material including. charges for-loss-of manhour and-working ‘hours; shall be borne by M/s MFE. Clause 7.6: Delay in receiving the materials: If the supply of Materials is delayed from the scheduled delivery date, as detailed in clause in clause 4 hereinabove, the ‘delay damages charges’ shall be applied and payable by M/s MFE. The ‘delay damages charges’ shall be calculated as 0.5% per week subject to the maximum of 5% of the ‘Total Purchase Amount’. Request to provide your acceptance on the above amendments, Once we get your confirmation then we will inform our to provide their acceptance to the PO accordingly. In case of any further clarification please feel free to speak to Mr. Ketan, Best Regards, ‘Manoj Zala Manager Accounts MFE Formwork Technology (I) Pvt. Ltd Office 022 61805200 Direct Line 022 61805204 www.mfeformwork.com aluminiumy® formwo speed * quality * efficiency This email and any files transmitted with it are confidential and intended solely for the use of the individual or entity to whom they are addressed. if you have received this email in error please notify the system manager. This ‘message contains confidential information and is intended only for the individual named. If you are not the named addressee you should not disseminate, distribute or copy this e-mail From: Sukanta Mondal [mailto:sukanta.mondal@shriramproperties.com) Sent: 22 November 2017 15:58 ‘To: Ketan Shah Ce: Manoj Zala; Balasubramanian; Suresh Sarawagi; Koushik Bhattacharya; nag; subramanyam Subject: ‘Purchase Order’ for Aluminium Formwork with revised ‘Delivery Schedule’ Importance: High Dear Mr. Ketan, This has reference to the ‘Purchase Order '# BS/Projects/2017-18/PO-15 in regard to *Manutacturing based ‘on Design and Supplying of two numbers full set of Moulds for Mineral Materials (Concrete) including 2necessary accessories" for Residential Project “Grand One" at Shriram Grand City, Uttarpara, Hoogly, West Bengal. India . which was mailed to you on date 14-Nov-17. The following clauses of the ‘Purchase Order’ hereby stand modified based on mutual discussion and ‘agreement to the extent and in the manner mentioned below 1. Clause 4 : Delivery Schedule: The entire Materials shall be dispatched from Malaysia Port as scheduled below (refer e-mail sent by Mr Rashid Osman of M/s MFE on date 16-Nov-17 in regard to the final delivery schedule). Cluster Block] @iy(inSqm) | Dispatch date from ‘Malaysia, Guster! | Block 72800 03 December 2017 Guster! | Block 72500 TO December 2017 Guster? | Blocks 72800 TO December 2017 Custer? | Blocks 2800 Te December 2017 Custer! _| Block? 2800 18 December 2017 Custer2_| Block é 2800 18 December 2017 2, Clause 7.6: Delay in receiving the materials: if the supply of Materials is delayed from the scheduled delivery date. as detailed in clause in clause 4 hereinabove, the ‘delay damages charges’ shall be ‘applied and payable by M/s MFE. The ‘delay damages charges’ shall be calculated as 0.5% of the ‘Total Purchase Amount’ per day of delay. 3. Clause 6.6 : Deployment of Supervisor for technical Guidance : An experienced ‘Aluminum Formwork system Supervisor’ will be deputed by M/s MFE, as soon as the Material reaches Site, who will provide technical advice/guidance in setting up of the Formwork System at Site for a period of 10 (ten) man weeks per set, free of charge. The concerned Supervisor will work 8 hours per day and 6 days per week and shall be termed as the ‘Supervision Period’. While unpacking the containers at Site, the concemed supervisor shall be present at Site and provide assistance to other contractor in sorting, numbering and marking the components. M/s BSHCPL shall provide suitable accommodation and transport (trom accommodation point to Site) for M/s MFE's Supervisor free of cost, 4, Clause 7.3 : Loading of containers on Ship: M/s MFE's Scope is fo pack the Materials in the containers {each 40 feet long) and load the containers on the ship with freight prepaid and insurance paid, and the entire process shall be governed by the intemational rule ‘INCOTERM CIF’. M/s MFE will also submit documents as per the ‘standard procedure of shipping documents’ Kindly note that the modification mentioned hereinabove in this ¢-mail shall aways be construed as an integral part of the ‘Purchase Order’ referred above and “purchase Order’ shall be read with this e-mail for the purposes of interpretation and construction of terms contained therein. All other terms and conditions , as stated in the ‘Purchase Order’ # BS/Projects/2017-18/PO-15 dated 25- September-2017, shall remain unaltered, valid and in full force and effect. You are required to send us the acceptance of this “Purchase Order” by return mail . Thanking You Warm Regards ‘Sukanta Mondal For, Bengal Shriram Hitech City Pvt. Ltd. Mobile : 9836553002