Clarification 16.01.09

8/11/2019 Clarification 16.01.09

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As per clarification furnished by the company the reply to queries of Risk, EZO dated15.01.00! are "i#en belo$%&

1) 'ost ( )eans of *inance

+roect&-(2006- Corporation Bank)

Total Project Cost :- Rs. 431.42 Laks Total !e"t :- Rs# 2$4.%0 Laks Pro&oter's Contri"tion: - Rs. 16.62 Laks

*orkin+ Capital Li&it : - Rs. 12%.0 Laks

+roect&--(200%- Corporation Bank)

Total Project Cost :- Rs. 46$.,2 Laks Total !e"t :- Rs# 32$.00 Laks Pro&oter's Contri"tion : - Rs.140.,2 Laks *orkin+ Capital Li&it : -Rs. 23.00 Laks

2) -mplementation of +roects

n te irst Project o/ 2006# tere as no oerrn an project as co&plete elll itin ti&ei.e. 31st!ece&"er 2006.Te Repa&ent as starte in 1stanar 200$ an continin+ till ate

as per repa&ent scele prescri"e " Corporation Bank sanction letter 5o.PLR!7C7!87!98710,72006-0$ ate 16.0,.2006.

Te secon project as conceie in te &ont o/ epte&"er 200$ an /inal proposal it alloc&ents as s"&itte to Corporation Bank on 2n5oe&"er 200$. n te Project # teco&pan a aske /or repa&ent olia o/ $ &onts /ro& 1st!ece&"er 200$ to 30tne 200%ass&in+ tat loan ill +et sanctione " 1st!ece&"er 200$.

Bt te "ank's sanction +ot elae e to operational pro"le&s o/ Corporation Bank. Te /irstloan o/ 2006 as ner te poers o/ onal 8ana+er (!98) ain+ sanctionin+ poers o/ Rs.00.00 Laks. ;s te ol pls ne loan crosse Rs. 00.00 Laks# te proposal co&plsorilent to


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i) Plant > 8aciner : Rs. 204.00 Laksii) Bilin+- 8aciner tores : Rs. 14.,$ Laks.iii)5e Plant Bilin+ (?ner Constrction) : Rs. 21.2 Laks. Total Rs. 0. 3akhs

Te C*P o/ Rs. 52.4appearin+ on 1stecember 002constitte o/ te /olloin+&ajor ite&s:-i) Plant > 8aciner : Rs. 204.00 Laksii) Bilin+- 8aciner tores : Rs. 14.,$ Laks.iii)5e Plant Bilin+ (?ner Constrction) : Rs. 3,.0 Laks. Total Rs. 52.4 3akhs

4) Reconciliation of 3 disbursed by 'orporation 6ank and repayments made by thecompany for both the term loans separately $ith 1.0.004, 1.0.002 and1.1.002 3 outstandin".%

7 Rs. 3akh8

Balance as on31.03.200$

Balance as on31.03.200%

Balance as on31.12.200%

3&1 7 0098

;s per sanction ter&s 26$.30 231.,6 201.4

;ctal as per ;iteB7

204.0, 21$.3 1,%.2$

e#iation 9.0: 1.: .14

TL-2 ( 200%) 5; 5;

;s per sanction Ter&s 5; 13.64 1$,.,$;ctal as per ;iteB7

13.64 1%2.04

e#iation 5il 5il -2.0$@

Te lar+e positie ariation o/ Rs. 63.20 lak an Rs. 14.42 lak as e to non-/n "ase

eAposre o/ Rs. %6.%% lak ( LC Rs. 60 lak taken /or i&port o/ &acine > B9-Rs. 26.%%lak as +ien to Bler /or part pa&ent o/ &illin+ &aciner cost) as on 31.03.200$. Tea&onts ere conerte to TL as per preailin+ &arket rate on conersion o/ LC in 4 t=artero/ 200$-0%. o as can "e seen /ro& a"oe# actall te acconts ere in orer aspa&ent as &ore tan +ien in repa&ent scele o/ Corporation Bank as on 31.03.200%.

@ Rs. 2.0$ lak is interest applie as on 31.12.200%.

'opies of sanction letters 7 scanned8 of 'orporation 6ank are attached belo$ for yourinformation.) 6alance ;heet of the 'ompany as on 1st ecember 002.

*e are not in position to s"&it te Balance eet as on 31.12.200% i&&eiatel. Bt ecan s"&it te sa&e "e/ore te is"rse&ent o/ te loan.

6) )O*+- ;ubsidy

n te /irst project in 2006# en or /irst loan as in process o/ sanction# e a al&ostco&plete te project. Tere/ore e i not approac te 8inistr as tere is preconition tat at ti&e

o/ application te project sol not "e co&pletel oer. ;s sc# as per or in/or&ation tere as ainternal "an o/ s"si on Pre Rice 8ills /ro& 017017200 till 317037200$. Dnl Rice 8ills it


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s//icient or s"stantial ale aition ere +rante s"si at tat ti&e# Tere/ore e to+t it is/ritless to appl /or 8DP s"si at tat &o&ent o/ ti&e.

*e ill "e applin+ /or te "si once e +et a sanction /or& or Bank. ;s sc o &a "eaare one nit can +et 8DP s"si once in a li/eti&e. Tere/ore in an case# e col not aeaaile te s"si "ot ti&es in 2006 > 200,.

$) 'apacity 'alculation%Dl % TP< Plant

Capacit o/ Pa Processin+E % Tonnes7


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+roduct $ise detail in )

;l


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;A3E; RE@E

Documents

Clarification 16.01.09