Floor 25, P. J. Towers

January 6, 2021

BSE Limited Floor 25, P. J. Towers Dalal Street, Fort Mumbai - 400 001

National Stock Exchange of India Limited Exchange Plaza Bandra Kurla Complex Bandra (E) Mumbai - 400 051

Dear Sirs, Sub: Approval of the Composite Scheme of Arrangement amongst HSB Corporate

Consultants Private Limited, Jubilant Stock Holding Private Limited, SSB Consultants & Management Services Private Limited, JCPL Life Science Ventures and Holdings Private Limited, JSPL Life Science Services and Holdings Private Limited, Jubilant Life Sciences Limited and Jubilant Ingrevia Limited and their respective shareholders and creditors under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013

Ref: Disclosure under Regulation 30 of the SEBl (Listing Obligations and Disclosure Requirements) Regulations, 2015

We refer to our letter dated December 24, 2020 regarding pronouncement of order by the National Company Law Tribunal (‘NCLT’), Allahabad Bench on the captioned matter. We wish to inform you that the Company has today received Formal Order from NCLT. Copy of the said Order is enclosed herewith. We request you to take the same on record. Thanking you, Yours faithfully, For Jubilant Life Sciences Limited Rajiv Shah Company Secretary Encl.: As above

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FORM NO. CAA.7 [Pursuant to Section 232 of the Companies Act, 2013 and Rule 20 of the

Companies (Compromises, Arrangements and Amalgamations) Rules, 2016]

BEFORE THE NATIONAL COMPANY LAW TRIBUNAL

BENCH AT ALLAHABAD

COMP ANY PETITION NO. 195 / ALD /2020 connected with

COMPANY APPLICATION N0.101/ALD/2020 (Under Sections 230-232 of the Companies Act, 2013)

In the matter of Companies Act, 2013 And

In the matter of Sections 230-232, Section 66 and other applicable provisions of the Companies Act, 2013 read with Companies

(Compromises, Arrangements, and Amalgamations) Rules, 2016 And

IN THE MATTER OF HSB Corporate Consultants Private Limited, having Corporate Identification Number as U74120UP2013PTC054821 and having its registered office situated at Plot No. 1A, Sector-16A, 1'-Joida, Gautam Buddha Nagar, Uttar Pradesb - 201301

..... Petitioner Company No. 1/ "Transferor Company 1" And

Jubilant Stock Holding Private Limited, having Corporate Identification Number as U52100UP2008PTC043688 and having its registered office situated at Plot No. 1A, Sector-16A, Noida, Gautam Buddha Nagar, Uttar Pradesh - 201301


SSB Consultants & :Management Services Private LirPjted, having Corporate Identification Number as U74120UP2013PTC054823 and having its registered office situated at Plot No. 1A, Sector-16A, Noida, Gautam Buddha Nagar, Uttar Pradesh - 201301.


JCPL Life SC1encc Ventures and Holdings Private Limited, having Corporate Identification Number as U74999UP2016PTC087833 and having its registered office situated at Plot No. 1A, Sector-16A, Noida, Gautam Buddha Nagar, Uttar Pradesh - 201301

..... Petitioner Company No. 4/ "Transferor Company 4" AND

JSPL Life SClence Services and Holdings Private Limited, having Corporate Identification Number as U74999UP2.016PTC087691 and having its registered office situated at Plot No. 1A, Sector-16A, Noida, Gautam Buddha Nagar, Uttar Pradesh- 201301

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..... Petitioner Company No. 5/ "Transferor Company 5" AND

Jubilant Life Sciences Limited, having Corporate Identification Number as L24116UP1978PLC004624 and having its registered office situated at Bhartiagram Gajraula, District Amroha, Uttar Pradesh - 244223 .

. . ... Petitioi:er Company No. 6/ "Transferee Company I Demerged Company"

AND Jubilant Ingrevia Limited (previously known as Jubilant LSI Limited), having Corporate Identification Number as U24299UP2019PLC122657 and having its registered office situated at Bhartiagram, Gajraula, District Amroha - 244223, Uttar Pradesh, India

..... Petitioner Company No.7 / "Resulting Company" AND

their respective Shareholders and Creditors

Order under section 230-232

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/;·.,,,.· <,~.:·: ~he petiti~ners fil.ed joint application/peti~on under .S~ctions 230-

·. '.-· · . ' : 232, read with Secuon 66 and other applicable provisions of the ... ~-! . _.... , .

'·.

Companies Act, 2013 praying for sanctioning of the Composite Scheme

of Arrangement amongst HSB Corporate Consultants Private Limited

(Petitioner Company No. 1 / "Transferor Company 1 "); Jubilant Stock

Holding Private Limited (Petitioner Company No. 2/ "Transferor

Company 2"); SSB Consultants & Management Services Private Limited

(Petitioner Company No. 3/ "Transferor Company 3"); JCPL Life

Science Ventures and Holdings Private Limited (Petitioner Company

No. 4/ "Transferor Company 4"); JSPL Life Science Services and

Holdings Private Limited (Petitioner Company No. 5/ "Transferor

Company 5"); Jubilant Life Sciences Limited (Petitioner Company No.

6/ "Transferee Company/Demerged Company"); Jubilant Ingrevia

Limited (previously known as Jubilant LSI Limited) (Petitioner Company

No. 7 / "Resulting Company") and their respective Shareholders and

Creditors ('Composite Scheme') under Sections 230-232 read with

Section 66 and other applicable provisions of the Companies Act, 2013.

Previously, the Petitioner Companies filed Company Application

No. 101 / ALD /2020. The Petitioner Company No. 6/ "Transferee

Company /Demerged Company" being a listed company on the Indian

Stock Exchanges, namely BSE Limited ("BSE") and the National Stock

t

~S.

Exchange of India Limited ("NSE"), sought and respectively received the

'No-adverse observation' letter dated 30 January, 2020 from BSE, and

'No-objection' letter dated 31 J~inuary, 2020 from NSE, under Regulation

37 of the SEBI (Listing Obligations and Disclosure ,Requirements)

Regulatio11s, 2015 ('LODR'), to the Petitioner Company No. 6/

"Transferee Company /Demerged Company" for filing the Composite

Scheme/Petition.

This Tribunal, vide its order dated 091h June, 2020 (as corrected by

order dated lS1h June, 2020) allowed Company Application No.

101/ ALD/2020 dispensed with the meetings of the equity shareholders,

secured creditors and unsecured creditors of the "Petitioner Company

No.1 /Transferor Company No.1 ", the "Petitioner Company

No.2/Transferor Company No.2", the "Petitioner Company

No.3/Transferor Company No.3", the "Petitioner Company No.

4/Transferor Company No.4", the "Petitioner Company

o.5/Transferor Company No.5", and the "Petitioner Company No. 7 /

"Resulting Company" and directed to convene meetings of the equity

shareholders, secured creditors and unsecured creditors of the Petitioner

Company No. 6/ "Transferee Company /Demerged Company" on 081h

J. \ugust, 2020 for the purpose of considering and if thought fit,

approving, with or without modification(s), the Composite Scheme of

Arrangement.

This Tribunal was further pleased to direct the Petitioner Companies

to serve notices upon (a) the Central Government through the Regional

Director (Northern Region), l\1inistry of Corporate Affairs, New Delhi;

(b) the Registrar of Companies, Uttar Pradesh (c) the Official Liquidator,

Allahabad (d) the Income-Tax Authorities and other sectoral regulators,

as may be applicable, with a direction that they may submit their

representations, if any, within a period of thirty (30) days from the date

of receipt of such notice to the Tribunal with a copy of such

representations simultaneously being served upon the Petitioner

Companies, failing which, it shall be presumed that the authorities have

no representations to make on the proposals.

lr,

Pursuant to the order dated 09th June, 2020 (as corrected by order

dated 15th June, 2020), the Petitioner Companies served notices on

03.07 .2020 to the statutory authorities. Further as per the direction of

this Hon'ble Tribunal dated 09rh June, 2020 (as corrected by order dated

15th June, 2020), the meeting of the equity shareholders, secured creditors

as well as unsecured creditors of the Petitioner Compavy No. 6/

"Transferee Company /Demerged Company" were duly convened on

08th August, 2020 at the registered office of Jubilant Life Sciences

Limited (Petitioner Company No. 6/ "Transferee Company/ Demerged

Company") i.e .. , Bhartiagram, Gajraula, District Amroha - 244223, (Uttar

Pradesh).

Subsequent to the meeting, on 03.09.2020, the Chairperson submitted

h:.s report along with affidavit declaring that the Scheme has been

approved by the equity shareholders, secured creditors as well as

unsecured creditors of the Petitioner Company No. 6/ "Transferee

Company /Demerged Company".

On 08.09 .2020, the Petitioner Companies filed the Second Motion

petition being Company Petition No. 195/ ALD/2020. This Tribunal,

vide its order dated 01.10.2020, directed the Petitioner Companies to

serve notlce upon the Income Tax Authority; Regional Director

(Northern Region), Ministry of Corporate Affairs, New Delhi; Registrar

of Companies; and other sectoral authorities for filing their

representation and also directed to effect newspaper publication in

"Financial Express" in English and 'jansatta" in Hindi having wide

circulation in District Gautam Budh N agar as well as "Hindustan Times"

in English and "Hindustan" in Hindi having wide circulation in District

Amroha. The Petitioner Companies complied with the directions and

filed an affidavit of service on 27 .10.2020. ·

During the pendency of the Company Petition No. 195/ 1\.LD /2020,

Petitioner Co. No. 7/ "Resulting Company" changed its name from

Jubilant LSI Limited to Jubilant Ingrevia Limited, which was duly

approved by its Board of Directors. Consequently, Petitioner Companies

filed Amendment Application, which was numbered as CA Ko.

257 /2020, seeking to change the name of Petitiouer Co. No. 7 /

"Resulting Company" from Jubilant LSI Limited to Jubilant Ingrevia

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i Limited in the array of parties. CA No. 257 /2020 was allowed by this

Tribunal by order dated 03.11.2020 and change in the name of Petitioner

Co. No. 7 / "Resulting Company" was permitted.

In response to such notice, the Regional Director (Northern Region),

Ministry of Corporate Affairs, New Delhi submitted its report by way of

representation/ affidavit. The Registrar of Companies, Kanpur also

submitted its report, which was appended to the report of the Regional

Director (Northern Region), J\Iinistry of Corporate Affairs, New Delhi.

The Official Liquidator submitted its affidavit in response to the notice

and order dated 01.10.2020. Further, Income Tax Department filed its

counter affidavit/ representation in respect of the Petitioner Company

Nos. 1, 3, 4, and 5. For the remaining companies, no objections from

their assessing authorities have been communicated directly to the

Registry of the Tribunal.

Upon hearing counsel for the Petitioner Companies, counsel for the

Income Tax Department. representative of Regional Director (Northern

Recion), Ministry of Corporate Affairs, New Delhi, and in view of the

Report of the Official Liquidator stating therein that the Official

Liquidator has no objection to the dissolution of all the transferor .....

companies without winding up pursuant to provisions cf Sections 230-

232 of the Companies Act, 2013 and other applicable Sections and Rules

thereunder, this Tribunal finds that the proposed Composite Scheme of

Arrangement annexed as Annexure-A to the Company Petition does not

seem to be contrary to public policy, nor prejudicial to the interest of

shareholders or detrimental to public interest at large. The objections

raised by the Regional Director (Northern Region) in its report and the

Income Tax Department in its affidavit have been considered and do not

have substance as held by this Tribunal in its order dated 2Yd December,

2020.

In addition to above, all the statutory compliances seem to have been

carried out. Therefore, the present Petition deserves to be allowed in

terms of its Prayer clause. In the result, the Composite Scheme of

Arrangement annexed as Annexure-A to the Company Petition is duly

approved and sanctioned.

J:,., THIS TRIBUNAL DO HEREBY SANCTION THE COIYIPOSITE

SCHEME OF ARRANGEMENT SET FORTH AS ANNEXURE A OF

THE PETITION HEREIN AND IN THE SCHEDULES 1-7 HERETO

AND DOTH HEREBY DECLARE THE SAME TO BE BINDING ON

THE SHAREHOLDERS, SECURED CREDITORS AND

UNSECURED CREDITORS OF THE ABOVE NAMED PETITIONER

COMPANIES AND ALSO ON THE SAID PETITIONER

COMPANIES \X/ITH EFFECT FROM THE APPOINTED DATE.

AND THIS TRIBUNAL DOTH ORDER:

I. The Composite Scheme of Arrangement amongst HSB

CORPORATE CONSULTANTS PRIVATE LIMITED

(Petitioner Company No. 1 / "Transferor Company 1 ");

JUBILANT STOCK HOLDING PRJVATE LIMITED

(Petitioner Company No. 2/ "Transferor Company 2"); SSB ~_;,-:--.::::~-~

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CONSULTANTS & l\1ANAGEMENT SERVICES PRlVATE

MITED (Petitioner Company No. 3/ "Transferor Company

3"); JCPL LIFE SCIENCE VENTUKES AND HOLDINGS

PRIVATE Lil\1ITED (Petitioner Company No. 4 / "Transferor

Company 4"); JSPL LIFE SCIENCE SERVICES AND

HOLDINGS PRIVATE LIMITED (Petitioner Company No. 5/

"Transferor Company 5"); JUBILANT LIFE SCIENCES

LIJ\1ITED (Petitioner Company No. 6/ "Transferee

Company /Demerged Company"); JUBILANT INGREVIA

LIMITED (Petitioner Company No.7 / "Resulting Company"~

and their respective Shareholders and Creditors is sanctioned and

shall be binding as follows:

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a. amalgamation of the Transferor Companies (Petitioner Company Nos. 1 to 5), in the steps/stages stated in Part B of the Composite Scheme, into the Transferee Company I Demerged Company (Petitioner Company No. 6) on the Effective Date and with effect from the Merger Appointed Date stated in Part B of the Composite Scheme; and

b. following the amalgamations demerger of the LSI Undertaking of the Transferee Company/ Demerged Company (Petitioner Company No. 6) and vesting of

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the same with the Resulting Company (Petitioner Company No. 7) on the Effective Date and with effect from the Demerger Appointed Date stated in Part C of the Composite Scheme, on a going concern basis.

II. Upon this Composite Scheme becoming effective;-rhe Transferor

Companies (Petitioner Company Nos. 1 to 5) shall, without any

requirement of a further act or deed, stand dissolved without

being wound up without any requirement for any further act by

the Companies, in accordance with the Companies Act, 2013;

III. Upon this Composite Scheme becoming effective, the respective

names of the Transferor Companies (Petitioner Company Nos. 1

to 5) shall be struck off from the records of the Registrar of

Companies and the Transferor Companies and Transferee

Company shall make necessary filings in this regard;

IV. Upon this Composite Scheme becoming effective, the authorized

share capital of the Transferor Companies (Petitioner Company

Nos. 1 to 5) shall stand combined with and be deemed to be

added to the authorized share capital of the Transferee Company

(Petitioner Company No. 6) without any requirement of a further

act or deed on the part of the Transferee Company (Petitioner

Company No. 6);

V. Upon this Composite Scheme becoming effective, Clause V of the

Memorandum of Association of the Transferee Company

(Petitioner Company No. 6) shall stand modified and be

substituted by the following:

'The Authorised Share Capital of the Company is Rs. 143,02,00,000 (Rupees One Forty Three Crores and Two Lakhs only) divided into 143,02,00,000 Equity Shares of Re.1 each with power to increase and reduce the capital of the Company and to divide the shares in the capital for the time being into several classes and to attach thereto respectively sucn preferential rights, privileges or conditions as may be determined by or in accordance with the regulations of the Company and to vary, modify or abrogate any such rights, privileges or conditions in such manner as may, for the time being, be provided by the regulations of the Company subject to the Companies Act, 2013 '~

...,

i And the fee paid by the Transferor Companies

(Petitioner Company Nos. 1 to 5) on their authorised share capital shall be set off against any fee payable by the Transferee Company (Petitioner Company No. 6) on its authorised share capital sub3equent to the amalgamation.

VI. Upon this Composite Scheme becoming effective, the cancellation

of the equity share capital as per the Composite Scheme and the

consequential capital reduction of the Transferee Company

(Petitioner Company No. 6) shall be effected as a part of this

Composite Scheme itself and not under a separate procedure in

terms of Section 52 read with 66 of the Companies Act, 2013, and

that the Transferee Company (Petitioner Company No. 6) shall

not be required to add "and reduced" as a suffix to its name.

VII. Upon this Composite Scheme becoming effective, the shares to

be allotted by the Transferee Company (Petitioner Company No.

6) shall remain frozen in the depository system till listing/ trading ,,--:;;.--

0£~~~~ permission is given by the designated stock exchange; 1 ,_,,,, .. ~"Y aw ,., ~ It ·:'::'Y /. ;.-

{~~'(;;(:/ c:_.f~ ~~, ~\ VIII. Upon this Composite Scheme becoming effective, the

\\ ·~ ·~1);~~) ~ cancella1ion of the equity share capital and/or the utilization of \\ 1' -:,,ill' ... .., k. '\:--~ ~ ~; ~;:-;,, Securities Premium Account as per the Scheme, and the

·,~llahab~/ -~ consequential capital reduction of the Resulting Company shall be

effected as a part of this Scheme itself and not under a separate

procedure in terms of Section 52 read with 66 of the Companies

Act, 20l3, and that the Resulting Company shall not be required

to add ''and reduced" as a suffix to its name;

IX. Upon this Composite Scheme becoming effective, the shares to

be allotted by the Resulting Company shall remain frozen in the

depository system till listing/ trading permission is given by the

designated stock exchange;

X. Upon this Composite Scheme becoming effeuivc, without any

further act, instrument or deed, the name of the Transferee

Company /Demerged Company shall be changed to "Jubilant

Pharmaceuticals Limited" or such other name as may be decided

by the Board of Directors of the Trans:eree Company /Demerged

Company, and the name "Jubilant Life Sciences Limited"

~-=-~

q. wherever it occurs in the Memorandum of Association and

Articles of Association of the Transferee Company /Demerged

Company shall be substituted by such name, and the Transferee

Company /Demerged Company shall not be required to add its

former name as a suffix to its changed name;

XI. Upon this Composite Scheme become effective, the Resulting

Company, Jubilant Ingrevia Limited shall not be required to add

its former name 0 ubilant LSI Limited) as a suffix to its changed

name, and the name 'jubilant LSI Limited" wherever it occurs in

the Memorandum of Association and Articles of Association of

the Resulting Company shall be substituted by Jubilant Ingrevia

Limited;

XII. The Petitioner Companies shall within thirty days of the date of the

receipt of this order cause a certified copy thereof to be delivered to

the Registrar of Companies for registration in terms of Section 230-a«-' ~'4Ttl Jr~ <;>'3r.Y la* ~~·

f~rr;"o~.;'\;:~"i.' ~:" 232 of tbe Companie~ Act, 2013 read with National Company

ii\"'. g 1~t~".'A. ~--> Law Tribunal Rules, 2016 along with The Companies ,~ }..,.,~" ~«

\. :ir :-(:::-~-<:- Y (Compromises, Arrangements and Amalgamations) Rules, 2016, ' . ~I' "'1, "G_, IJ' ·' " C...\:,''r/ '.:1~1~y/ ·-- and the Registrar of Companies shall place all documents relating

to the Transferor Companies (Petitioner Company Nos. 1 to 5),

and registered with him on the file kept by him is relation to the

Transferee Company (Petitioner Company No.- 6) and the files

relating to the said six companies shall be consolidated

accordingly;

XIII. Any person shall be at liberty to apply to the National

Company Law Tribunal, Allahabad Bench in the above matter for

any directions that may be necessary;

XIV. All concerned regulatory authorities to act on a copy of this

Order, annexed with the Composite Scheme and Schedules of

Assets, duly authenticated by the Assistant Registrar, National

Company Law Tribunal, Allahabad Bench; and

XV. Accordingly, the Company Petition stands disposed off.

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SCHEDULE- 1

Composite Scheme of Arrangement

SCHEDULE-2

List of Assets of Transferor Company No.1 vesting in Transferee

Company

SCHEDULE-3


Company

SCHEDULE-4


Company

SCHEDULE-5


Company

SCHEDULE-6


Company

SCHEDULE-7

List of Assets of Demerged Company vesting in Resulting Company

Dated: ~/01/2.-,ol-f Re:~rir~·

' '1

1\' COMPOSITE SCHEME OF ARRANGEMENT

BETWEEN

HSB CORPORATE CONSULTANTS PRIVATE LIMITED

(TllANSFEROR COMPANY 1)

AND

JUBILANT STOCK HOLDING PRIVATE LIMITED '

(TRANSFEROR COMPANY 2)

ft ND

SSB CONSULTANTS & MANAGEMENT SERVICES PRIVATE LIMITED


AND

JCPL LIFE SCIENCE VENTURES AND HOLDINGS PRIVATE LIMITED


AND

1/~~-;:··~~-;~ .. ~PL LIFE SCIENCE SERVICES AND HOLDINGS 1\RIV ATE LIMITED ,:' ."'-..'X,'T I/": \

:1 > :)" / . 0 ' ,.'-~-0: .-·- )\ c, \ (TRANSFEROR COMPANY 5)

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AND

JUBILANT LIFE SCIENCES LIMITED

(TRANSFEREE COMPANY I DEMERGED COMPANY)

AND

JUBILANT LSI LIMITED

(RESllL TING COMPANY)

A~D

THEIR RESPECTIVE SHAREHOLDERS AND CREDITORS

(UNDER SECTIONS 230 TO 232 AND OTHER APPLIABLE PROVISIONS OF THE COMPANIES ACT, 2013)

PREAMBLE

(A) BACKGROUND AND DESCRIPTION OF THE COMPANIES WHO ARE PARTIES TO THIS SCHEME

l. This Scheme is pn~senkd pursuant to the provisions of Sections 230 to 232 and other applicable provisions of the Act read \\ith Sections 2( l 8). 2( l 9AA) and other applicable prm isio11s or the 11 Act. and prnvides for the:

' ( i) amalgamation llf the I ransferor < 'umpanies intll the Transferee Cnmpany. De111er::i.ed Crn11pany: and

(ii) following the amalgamations referred to at Clause (A) l .(i) above. dernerger of the LSI

'

3.

4.

r 'L-Undertaking of the Transferee Company/ Dernerged Compan) and vesting or the same with the Resulting Company. on a going concern basis.

' Additionally. this Scheme also provides fur \'arious other lllatters conseq:..·ential \11 l1thcrn ise integrally connected herewith.

The Transferor Company l \\as incorporated on January 29, 20 I 3 under the prov i~ iun~ of the Companies Act. I 956. Tlw Corpor,lte Identification Number of the TransYeror Company I is U74 l 20UP20 l 3PTC05482 l and its registered office is situated at Plot No. l A, Sector- I 6A. :-.Joida. Gautam Buddha Nagar. Uttar Pradesh - 201301. The Transferor Company 1 is inl<:'r uliu engaged in the business of making. holding and nurturing investments in life sciences businesses.

The Transferor Company 2 was incorporated on December 15, 2008 under the provisions of the Companies Act. 1956. The Corporate Identification Number of the Transferor Company 2 is U52 l OOUP2008PTC043688 and its registered office is situated at Plot No. 1 A, Sector- I 6A. Noida. Gautam Buddha Nagar. Uttar Pradesh - 201301. The Transferor Com pan) 2 i~ inl<:'r uliu engaged in the business of making. holding and nurturing investments in life sciences businesses.

The Transferor Company 3 \\as incorporated on January 29. 2013 under the provisions of the Companies Act. 1956. The Corporate Identification Number~ of the Transferor Cimpan) 3 i~

U74 l 20UP20 I 3PTC054823 and its registered office is situated at Plot No. l A. Sector- I 6A. ]\joida. Gautam Buddha Nagar, Uttar Pradesh - 20130 I. The Transferor Company 3 is imer 11/iu engaged in the business of making. holding and nurturing investments in life sciences busincs,;cs.

5. The Transferor Company 4 'MIS incorporated on November 21, 2016 under the prO\ is ions or the Cl)lll pan ies Act. 201 3. The Cl1rporate !dent ification Number of the Transferor C ,1m pan;. 4 i,, U74999UP2016PTC0878:13 and its registered office is situated at Plot No. I A. Sechw- I 6A. :'foida. Gautam Buddha Nagar, Uttar Pradesh - 201301. The Transferor Com pan) 4 is inler ulia engaged

A,~=::::::::--•. in the business of making, holding and nurturing investments in life sciences businesses.

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/{,.. f~ <'-. ~- l ~' Transteror Company ::i \\as incorporated on November 1 '.:l, 2016 under the pro\ 1s1ons ot the ///f.7t ;~1;;~ <:5' n anies Act. 2013. The Corporate Identification Number of the Transferor Cumpan: 5 is \ '~ 2J. ~~¥-:_~l \174 )9l.J P20 I 6PTC087691 and its registered office is situated at Plot No. 1 A. Sector-16/\. Noida . .\ ·~t- ~~ti_, m Buddha Nagar. lttar Pradesh - 20130 I. The Transferor Company 5 is inla uliu engaged -~\ ~ •, ""~" ~,.. i,n.;J"e business of making. holding and nurturing investments in life sciences busine~ses.

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' 7. The Transferee Company/ Demerged Company was incorporated on .lune 21. \ lJ78 under the provisions of the Companies Act. 1956. The Corporate Identification Number of tl1e Transferee Company/ Demerged Company is L24116U P 1978PLC004624 and its registered oflice is situated at Bhartiagram Gajraula. District Amroha, Uttar Pradesh - 244223. The Transferee Cornpan;.. Demerged Company is a listed company and its securities are listed on the Indian Stock E\changes.

8. The Demerged Company is an integrated global phannaceutical and life sciences company engaged in the following businesses:

( i) Under the pharmaceuticals business, the Demerged Company. through its wholly O\\ ned subsidiary. Jubilant Pharma Limited, is engaged. directly or indirectly. through its subsidiaries. in the manufacture and supply of active pharmaceutical ingredients (/\Pis). solid dosage formulations. radiophannaceuticals, allergy therap) products and euntract manufacturing of sterile i n_iectibles and non-sterile products through six United States hiod and Drug Administration (USFDA) approved manufacturing facilities in the Lnited Stat.:s. Canada and India and a network of ll\er 50 radio-pharmacies in the United States:

' (ii) The drug discover) and de\elopment solutions business, provides propr1dar: i11-ht1t1,;l' i nno\ ation and collaborative research and partnership for out- I icens i ng thn 1t1gh t \\ u \\ ,1r\d class research centers in India:

(iii) India branded pharmaceuticals business. The sale of this businessl1·1s bel·n apprO\ed b: the Demerged Company to its wholly-owned indirect subsidiary~ 011 or be lore .lanuar: I. 2020: and

(i\ J The life science ingredients business comprises or specialty intermedi:1tes. nutriti,·,nal products and life scienct:: chemicals businesses through five manufacturing facilities in India and includes its subsidiaries mentioned under S. No. 5 of Schedule I.

9. The Resulting Company was incorporated on October 23, 2019 under the prl1v1s1ons ut' thi: Companies Act. 2013. The Corporate Identification Numb,~r of the Resulti11g Compan;. is

2

'~ U24299'JP2019PLCl22657 and its registered office is situated at Bhaniagram. Gajraula. District Arnroha - 244 223. Uttar Pradesh. India.

10. The Resulting Company was incorporated to undertake the business of life science ingredients segment.

(B) RA TlONALE, PURPOSE AND OBJECT OF THIS SCHEME

I 1. The Board of Directors of the Companies are of the view that the (a) amalgamation of the Transferor Companies into the Transferee Company pursuant to Part B of this Sche111e. ~rnd (b) de111erger of the LSI Undertaking of the De111erged Company into the Resulting Compa11) pursuant to Part C of th is Sche111e. i171er al iu. \\ ou Id lead to the fol lowing benefits:

12. The a111algamation of the Transferor Companies into the Transferee Com pan) shall prll\ ide the folkming benefits:

(i) Currently. a significant portion of the Promoters· shareholding in the Transferee Compan) is held i11directly. through a multi-tier structure. The proposed amalgamations\\ ill result in simplification and strea111lining of the shareholding structure of the Transferee Com pan) b) elimination of sliarehold i ng tiers and simplification of a large part of ind ire cl Promoters· shareholding into a clearer structure directly identifiable with the Promoters:

(ii) Further. such a simplified direct holding structure is expected to bring grl:ater transparenc) in the Promoters' shareholding and demonstrate Promoters· direct commitment and engageml:nt with the Transferee Company, from the perspective of its shareholders: and

(iii) The proposed simplification of holding structure \viii also make it simpler for the Transferee Company to identify its ultimate beneficial owner for various applicable kno\' your customer (KYC) requirements.

~ The demerger of the LSI Unde11aking of the Demerged Company into the Resulting Cumpan;. shall If;:-~~~" L 137~ vide the following benefits: I,~ ,<0 ,>-. :;; y ·1x' ~~ ... , J:,y -~ ~ ~

/k1~'../ ;~YE~~ ~ Creation of a ~eparate, d.istin.ct and focussed entity h~u;ing the LSI Unde11aking leading tLl \\ 3 '\\1-\l... ~ /'· greater operational effic1enc1es for the LSI Undertak111g: !~ (\) ~· 1\ ....

'\ ,,,, C...·~.. ) •.\ .. ,_..,. ~·· \· .. « <';- -fe"' ll)

. ·\, ~, "iror~:;;<. r<\/· Independent setup of each of the undertaking of the Dernerged Com pan) and the Resu It ing Company will ensure required depth and focus on each of the -::ompanies and adoption of strategies necessary for the growth of the respective companies. The structure sha 11 provide independence to the management in decisions regarding the use of their respective cash flows for dividends. capital expenditure or other reinvestment in their respective

<:.:.::-::~Jh;i::-~_;::>/ ~ ··---~

14.

15.

16

17.

husinesses:

(iii) Unlocking of value for shareholders of the Demerged Comrany by transkr ur the LSI Undenaking. which \\ould enable op!imal exploitation. 111onetization and development 1.ir

both. Residual Undertaking and the LSI Undenaking by attracting foc.:.!.ised ill\ e~turs ha\ i11g the necessary ability, experience and interests in this sector and b;. allLm ing pursuit ,1r inorganic and organic growth Op!Jortunities in such businesses: anL+

(iv) Enabling the business and activities to be pursued anq carried llll v\ith gre:tter focus amt attention through two separate co111panies each having its O\\n separak ad111ini~trati\e ~et up and dedicated management.

There would neither be any change in the number of shares nor in the percentage shareholding ur the Promoters on an aggregate basis in the Transferee Company pursuant to the amalga111atic.ns contemplated under Pa11 B of this Scheme.

All costs. charges and expenses and taxes/duties aris111g out of or in Cllnnection \\ ith the a111alga111ations contemplated under Part B of this Scheme shall be borne by the Promoters. !he Transferor Companies shall have no liabilities on the Effective Date. Ad(Jitionall;.. this Scheme also provides that the Promoters of the Transferee Company shall fully indemni(y the Transforee Co111pany and keep the Transferee Company indemnified for liability. claim. demand. if an). or past. present and future and which may devolve on the Transferee Company on account o1 the a111algamations contemplated under Part B of this Scheme.

The implementation of this Scheme is aimed at protecting and rna:-;imizing \ alue f\1r the shareholders of the Transferee Company as \vell as the creditor;; and all other stakl·l10lders.

The restructuring under th is Scheme wou Id en ab le focused business approach for ma:-;i 111 izat il111 u 1·

' J

benefits to all stakeholders a11d capitalize on the oppo11unity for the gro\\ th.

(C) PARTS OF THIS SCHEME

18. This Scheme is divided into the following parts:

PART A PART B

PART C:

PARTD

~~~~~any La:~~.,,

/';,'! t \..i -~- .¢. . ~ ~~ '(:;- r. r,, 'I/ ....-:: I - '.:u 1,~iu% -\ .. cg

,1 0 (1",..'""'~? 1 \ ·~ wi-~~I ~":. it '\ ,...,,~- ,, \ £ ("•>'· \._',' ' \\ ~,,.....,. \r \\ * * """· .... •A) I;

\\,. ~~ ;;;:1·•' '-.".. ,<; :, .'.J", . ' .'

'<~_-'_,1,~_;:i:- ~n y; "'--.:..:..::._ ::.--'

Definitions and Capital Structure of the Companies; Amalgamation of the Transferor Companies intL) the Transferee Company;

Demerger of the LSI Undertaki1~g of the De merged Company into the Resulting Company; and

General Terms and Conditions.

4

tLr

---~1~ PART A . '

I. DEFINITIONS

In this Scheme. unless repugnant to the subject or meaning' or context thereoL thi.: fol lo\\ ing e:-.:pressions shall have the meaning attributed to them as below:

I. I "Accounting Standards'' means the Indian Accounting Standards notified under the Companie~ (Indian Accounting Standards) Rules. 2015, as may be amended from time to time. as per Sectio11 133 of the Companies Act. :::o 13 issued by the Ministry of Corporate Affairs and the other genera II: accepted accounting principles in India;

1.2 '"Acf" means the Companies Act. 2013. as amended from time to time:

1.3 ··Applicable Law(s)" means (i) all applicable statutes. enactments, acts of legislature \)r parliament. laws. ordinances. rules. bye-laws. regulations, notifications, guidelines or policies ofa11: applicable country and/ or jurisdiction: (ii) administrative interpretation, \.Hit. inju11ctin11. directiu11:-,. directives. judgment, arbitral award. decree. orders or approvals of. or agrecmenh \\ ith. :rn: gLwernmental authority; a11d (iii) international treaties, conventions and pr~1tu..:ols. as ma: be in force from time tl) time:

1.4 .. Asset( sf' mean assets of eve1-;. kind, nature and description, whether included in the balam:e shed or not and includes movable property. immovable property, lea'sehold property. frech.ild propi.:rt:. owned property. leased property. tangible or intangible assets (includi11g all ill\ estnH.:nb. acquisitions. holdings in equity shares. preference shares, debentures and other se..:uritie~ or all descriptions of associate/ subsidiary/joint venture companies in India and else,, here). Intellectual Pruperty, computers and accessories. software and related data, lea<;ehold improveme111s. plant and machinery, offices. capital work in progress, vehicles, furniture, fixtun:s, office equipment. electricals, appliances and accessories. advance tax, tax deducted at source credits. tax credits (incluJing but 1wt limited to minimum alternate tax credit, pre-deposi1s made in indirect ta:~cs.

&.~:::..credits in 1:espect of sales tax. value added tax. service tax, goods and services Tax and uther indirect /!~"' .~\\~ Law fl~ ... ~xes ). deterred tax benefits: 'I « "-.'') ~- ;. ''\\ /,'~~·.:.S' c·~~·.5 1 ~~ ·%'rd of Di rectors" 111eans the respective board of directors of the C 0111 pan ies and sh al I. unless

;I(" ~1 1~,.~~.• ~-ed,~_gl!nant to the context, include a committee of directors or any person authorized by the Bua rd \\ ;?, t~;,Y:-1' <fll1f irectors or such committee of directors· '\ ._~ (~,.,.. A' I . \,_ ~t -tc 01r-'(pft>-:C'J"'~ompanies·· means the Transferor Companies. the Transferee Company/ Demerged Cu111pa11.'

' · ',,.':':;,C~nd the Resultin~ Companv, cullecti\.ely: ~-':· ~ ~-(~:.:-~ ~ "'

--11 .. Demerger Appointed Date" means the Effective Date as ap~licable to the demerger uf the LS! Undertaking of the Demerged Co111pany into the Resulting Company, or such other elate as ma~ be mutually agreed in writing bet,,een the Demerged Company and the Resulting Company and ti.'\ed by the Boards or the Demergecl C ornpany and the Resulting Company. respecti' e I) :

1.8 ''Demcrger Record Dak" means the date which shall be a date after the Effoctive Date referred to in Clause I . I 0 (ii) below to be fi:-.:ed by the Board of Directors of the Delllerged C lllll pan) for the purpose of determining the shareholders of the Demerged Company to whom the Delllerger Shares will be issued and allotted by the Resulting Company pursuant to this Scheme:

1.9 "'Demerger Share(s)" m·~ans the fully paid-up equity share(s) of Re. l/- (Rupee One only) each tu be issued and allotted by the Resulting Company to each of the shareholders 01· the Demerged Company as of the Demerger Record Date in accordance with Part C of this Scheme:

1.10 '"Effective Date" !lleans:

(i) in relation to the amalgamation of the Transferor Companies into the Transferee Cum pan:. as set out in Part B of this Scheme, such date or dates as of which the Transferor Companies and the Transferee Co111pany shall have filed the cehified copy of the NCLT's order sanctioning this Scheme with the RoC and

(ii) in relation to the demerger of the LSI Undertaking, as set out in Part C ufthis Scl1eme. such date as of which each of the Demerged Company and the Resulting Company shall ha\ e tiled the certified copy of the NCL T's order sanctioning this Scheme with the RoC.

Any references in this Scheme to "upon this Scheme becoming effective" or ·•effectiveness of this Scheme" shall refer to the Effective Date:

1.1 I ''Intellectual Property" means and includes all intellectual prope11ies including trademarh.s.

5

I

f b service marks, logos. trade names, domain names. database rights, design rights. righh in knO\\how. trade secrets. copyrights. moral rights, confidential proocsses, patents, inventions and an: other intellectual property or proprietary rights (including rights in compc1kr sothvare) penaining to the LSI Undenaking of the De111erged C~rn1pa:1y, in each case \Vhether registered or unregistered and including applications for the registration or grant of any such. rights and a~' and :ill f{1r111s ol protectil)ll hd\ ing equivalent or similar effect anywhere in the world:

I. 12 .. IT Act'" means the Income-ta:-; Act, 196 l and shall include any statutory 111udi tiL'<Hi,,ns. reenactments or amendments thereof for the time being in force;

1.13 .. Liability(ies)'' 111eans liabilities of e-,ery kind. nature and description including cuntingent liabilities, whether past, present or future, including, but not limited to, secured loans. unsecured loans. borrowings. statutory liabilities, contractual liabilities, duties, obligations, guarantees and those arising out of proceedings of any nature:

l .14 "LSI Undertaking" means the Assets and Liabilities, directly or indirectly. ::ontrnctuall: or othernise. related to the life science ingredients business of the Demerged Company includmg land and immovable prope11ies. investments in subsidiaries/ associate/ group companies in India ur abroad. other movable assets as on the Demerger Appointed Dale. Without prejudice and limitation to the generality of the above. the LSI Unde11aking means and includes without limitation. the following and the items more particularly listed in Schedule I:

( i) all Assets of the LSI Undertaking wherever situated. including, but not limitc~d to. the past track record. profitabi I ity. experience. credentials and market share of thc De merged Company relating lo the LSI Undertaking:

(ii) all lmellectual Propert: pertaining to the LSI Undertaking, as identified and appli;;able:

(iii) all rights and licenses. all assignments and grants thereof, all permits. clearances and registrations whether under central, state or other laws. rights (including righh/obligations under agreement(~.) entered into with various persons including independent cun:;ultanh. subsidiaries/ associate/ joint \enture companies in India or abroad and other :)hard1ulders of such subsidiar) I associate/ joint venture companies. contracts. applicatiuns. letters l)f

::,.-\:.a\o 3lftj<ti~ intent. lener of approval. memorandum of understandings or any other co1llracts). non-~~ .. <::.'l>"_.·.1 Law r::/ disposa.I undertaki1~gs. ce11ificati~ns and approvals. reg_ulat~ry apprm als. cntitlernenb.

(/, '." !:/ ,,,..~~' <5<:;;, other licenses. scrips. authorizations. consents. tenaric1es, 111vestments and/or interest ({:. ~ ::~'\{~, ·:- ... j ( "' hether vested. contingent or otherwise). taxes, share of advance tax. tax deducted at

1\(.: 9 l.i.~;~~j ~·.-II source credit. tax credits (including but not limited to minimum alternate tax credit. credits \\\ ~1, '-~ "-~~.{;;/ in r~spect of excise du.ty .. sales tax, state ~axe:, value added tax, service ta.x. g~Ol~S and_

'-'.'. -. • :;:;.1,:-:-.f'"· _ -::_'i..~:« services tax and other ind 1rect taxes), earned torward losses/ unabsorbed deprec iat1on. ii , ... -::-:--~· ,.,,. ·c->'' any. deferred tax benefits and other benefits in respect of the LSI Undertaking. cash

balances. bank accoums and bank balances, deposits. advances, recoverables. rec:eirnbks. easements, advantages. financial assets. treasury investments .. hire purchase and lea:-.e arrangements, funds belonging to or proposed to be utilised for the LSI Undertaking. privileges, all other claims. rights and benefits, powers and facilities of ever: kind. nature and description whatsoever. utilities, prov is ions. funds, benefits of a 11 agreements. contracts and arrangements and all other interests in connection with or relating to the LSI Undertaking~

(iv) a 11 books. records. files. papers. governance templates and process in rormat ion. records cir

standard operating procedures. computer programmes along vvith their licenses. manuals and back up copies, adve1tising materials, and other data and records whether in ph: sical or electronic form. directly or indirectly in connecxion with or relating to the ISi Undertaking:

(') an: and all earnest monies and/or ~ecurity deposits, pre-deposits under indirect ta.,es ur other entitlements in connection with or relating to the LSI Undertaking:

(vi) employees of tlw Demerged Company that are deter111 i ned by the Demergcd l\i111 p~1n: tu be engaged in or in relation to the LSI Undertaki11g on the date immediate I.' preceding the Effective Date;

~vii) all legal proceedings (past. pre ;ent or future) of ''hatsoe\ er P.;1ture b: cJr <:gain-;t the Demerged Company relating to the LSI Undertaking:

(\iii) all Liabilities pertaining to the LSI Unde1taking including:

A. All Liabilities arising out of the activities or operation of the LSI l ndertaking

6

I ""J.__ 1· ·1

including in r1;:lation or connection with taxes or under or in relation to ih cr!ntracts. other obligations. duties and sums owing;

B. Loans and borrowings, if any raised, incurred and utilized solely for the activities or operations of the LSI Undertaking; and

C. Liabilities other than those referred to in Sub-clauses A and B of Clause l. 14( vi ii l above. which are general or multipurpose borrowings. if any. of the De111erged Company be allocated to the LSI Undertaking in the same proportion i11 \\hich the 'alue of the Assets transferred under this clause bears to the total value ,1rthe Asseh of the Demerged Company immediately before the Dernerger Appointed Date in accordance with the provisions of explanation 2 to the Section 2( l 9AA) 01· the IT Act.

(ix) any other Asset specifically a I located by the Board of Directors of the DemergL'd Co111 pany as relating to or belonging to the LSI Undertaking.

Any issue as to \vhether any Asset, Liability. rights. title. interest. obligations. De111erger Prrn.:eedings. licenses. records and the like pertains to the LSI Undertaking shall be 1~H1tually decided between the Board of Directors of the Dernerged Co111pany and the Resulting l\.lmpany on the basis of evidence that they may dee111 relevant for the purpose (including the books or records of the Demerged Co111 pan)):

l. 15 .. Merger Appointed Date" means in relation to the amalgamation of the Transferor Companies into the Tra:1sferee Company. the Eftective Date as applicable to such amalgamations. ,1r such uther elate as may be mutually agreed in writing between the Transferor Companies and the Transleree Company and fixed by the Boards of the Transferor Companies and the Transferee Cllrnpan:. respectively:

I. 16 ··Merger Record Date•· means the date to be fixed by the Board of Directors of the l ransfert.'C Corn pany for the purpose of determining the shareholders of th~ respective Transferor Companies to whrnn the Merger Shares will be allotted by the Transferee Company. pursuant to this Scheme:

~- r· means the bench of the Nation~! Company Law Tribu1:a1 at Allahabad ~nd sha}l i1,1cluck.

d'I ff!<>. ,-:o.\ 1'i L.e1:11~ able. such other forum or authority as may be vested with the powers ot the NCL 1 under (/ ~"'"' 0; (,~ <'.? . -/1K' thli'<t\Ct,

'I 1i,.., ,, , :v. . r~/

1,\,t: l i:·~~;~:t;\(!vf~?.~»Share(s)" means the fully paid-up equity share(s) o!'Re. 1/-(Rupee One ~)nly) each t? be ' ·1, ~<PS~irnd allotted by the Transferee Company to each ot the shareholders ot the 1ransternr

l<..,. {";"1T~~~~111(1ies. as of the Merger Record Date, in accordance with Pa11 B of this Scheme: ":"-At1atia_~.~-~:'/

1'.19-_:..4>romoter(s)'' means Shyam Sunder Bhartia, Hari Shanker Bhartia. Kavita Bhartia. Priya\ rat Bhartia. Shamit Bha11ia, Jaytee Private Limited, Nikita Resources Private Limited. VAM Huldings Limited. Jubilant Stock Holding Private Limited, HSB Corporate Consultants Private Limited. SSB Consultallts & Management Sen ices Privak Limited. JCPL Life Science Ventures and Hulding.s Pri\ ate Limited . .IS PL Life Science Services and Hold in gs Pr iv ate L irn it ed. M /\ v !\la nagerncnt Advisors LLP, Jubilant Enpro Private Limited. Jubila;1t Consumer Private Li111ited. Jubilant Advisors LLP. Miller Holdings Pte. Limited. SPB Trustee W.::ompany Prirnte Limited and SS Trustee Company Private Limited Lrn behalf of Shyam Sunder Bhania Fru1·1ily lrnst and HSl:3 I rustee Company Private Limited and I IS Trustee Compan) Private L1111iteJ un behalf' ut' llari Shanker Bhartia hmily Trust;

I .20 "'Residual Li ndertaking ·· means the rernai n i ng activities. assets, business. contracts. em pin) ees and I iabi I ities (actual and contingent) of the Demerged Company sub seq ue•1t to the demerger ut' the LSI Undertaking to the Resulting Company in terms of and upon the effectiveness ufth1s Scheme. currently including but not limited to the Demerged Company's pharmaceuticals. drug disco\ ery and development solutil)nS and India branded pharmaceuticals businesses as stated in Clauses (A)8.(i). (A)8.(ii) and (A)8.(iii) of the Preamble to this Scheme:

1.21 ··Resulting Company" means Jubilant LSI Limited. a company incorporated on October 2:l. 20 J LJ

under the provisions of the Companies Act. 2013. having Corporate ldentificat1un '\Jurnber as U24299U P20I9PLC122657 and having its registered office situated at Uhartia~ram. Gajraula. District Amroha - 2442~3. Uttar Pradesh, India:

1.22 "RoC"" means the Regi~.trar uf Companies, Kanpur:

1.23 '"Rs:· means rupees being the lav,ful currency of the Republic of India:

7

r~ I .'2-1 .. Scheme .. means this composite scheme of arrangement in its present form. or \\ ith an:

moditication(s). as may be approved or directed by the NCL Tor by the Board of Directors of the

Companies in accordance with the terms hereof:

1.25 ··sEBr· means the Securitie~; and Exchange Board of India:

1.26 ··sEBI Circular .. means the circular dated March I 0. 2017 issued by SEBI bl'aring l\io. C FDIDI U/CI Rl2017 /21. including any amendments or modifications thereto:

' 1.27 ··sEBI Listing Regulations·· means the Securities and Exchange Board uf India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from ti111e to time:

1.28 .. Stock Exchanges .. means the National Stock Exchange of India Limited and the BSE Limited. \\here the securities of the 1ransferee Compan::./ Demerged Company are currently liskd:

1.29 ··Transferee Company" or the ··Demerged Company" 111eans Jubilant Life Sciences Limited. a company incorporated on June 21. 1978 under !he provisions of the Companies Act. 1956. having Corporate Identification Number as L24II6UP1978PLC004624 and having its registered office situated at Bhartiagram Gajraula, District Amroha, Uttar Pradesh - 244223. The Transferee Company/ Demerged Company is a listed company and its securities are listed on the Indian Stoch.

Exchanges;

1.30 .. Transferor Company 1'' means HSB Corporate Consultants Private Limited. a compan::. incorporated on January 29. 2013 under the provisions of the Companies Act, 1956. having Corporate Identification Number as U74120UP2013PTC054821 and having its registered office situated at Plot No. I A. Sector- I 6A. Nuida. Gautam Buddha Nagar, Uttar Pradesh - 20130 I:

' 1.31 ··Transferor Company 2'' means Jubilant Stock Holding Private Li111ited. a com pan) incorporated on December 15. 2008 under the provisions of the Companies Act. 1956. having Corporate Identification Number as U52 l OOUP2008PTC043688 and having its registered ofticl' situated at Plot No. I A. Sector- I 6A, Noida. Gautam Buddha Nagar. Uttar Pradesh - 20130 I:

1.32 ··Transferor Company 3'' means SSB Consultants & Management Services Private Limited. a company incorporated on January 29, 2013 under the provisions of tlie Companie~ Act. 1956. having Corporate Identification Number as U74120UP2013PTC054823 and having its registered

~fice situated at Plot No. I A. Sectur .. l 6A, Noida. Gautam Buddha Nagar. Utt~· Prade~h - 20130 I: ---0~<;l-,<l~

/,~;<(J;i~('l~ Latt~~l.'(eror Company .. r· means JCPL Life Science Ventures and Holdi1igs Pri\att: Limited. a .:: ~~ §';.. .-;:~& co1~ar~\ · corporated ?1: N~vember 21. 2016 under the provisions o~ ~he Corn pan ies AcL 2013: I~ :.:· '\(.::\~,I· 1 <prporate ldent1f1cat1on Number as U74999UP2016PTC0878.u and lul\ 111g its reg1sterec

·-~ •.:.. ·.·)t ce ~ ated at Plot No. I A. Scctur-16A. Noida. Gautam Buddha Nal!.ai. Uttar Prndl'sh - 20130 I. --~ '· .. ~ ' ~ -J (_..,~ ~ ~')._,

:r:S4r1~1

·~~:6-si·eror Compan)' 5·· means JSPL Life Science Services and Holdings Privatt Limited. a '·::-:--~ 1~-i~~ny incorporated on November 15, 2016 under the provi~ions of the Cornpanit:s Act. 2013.

· ·having Corporate Identification Number as U74999UP2016PTC087691 and having its registert:d office situated at Plot No. I A. Sector-16A, Naida, Gautam Buddha Nagar, Uttar Pradesh - 20130 I: and

1.35 ··Transferor Companies" means the Transferor Company I. Transferor Company 2. TransferL)r Company 3. Transferor Company 4 and Transferor Company 5, collectively.

The expressions, which are used but are not defined in this Scheme shall, unless repugnant ur contrary to the context or meaning hereof, have the same meaning ascribed to them under the A.cl. the Securities Contracts (Regulation) Act, 1956. the Securities and Exchange Board l)f India Act. 1992 (including the rules. regulations made thereunder). the Depositories Act. 1996. the IT Act a11d other Applicable Laws.

2. CAPITAL STRUCTURE OF THE COMPANIES

2.1 Capital Structure of the Transferor Companies

!'he equity share capital of the Transferor Cornpanies is held. d~·ectly or indirectly. b: one or nhirl'. persons w hu fa 11 under till~ defi 11 it ion of Pronwter( s) under Clause I . 19 of Pan A 1.if t lil? Schernl'

2.1.l Transferor Company I

The authorized. issued. subscribed and fully paid-up share capital of the Transferor Com pan: I as on November 22, 2019 is as under:

Authorized Share Ca12_ital Amount (in Rs.) I 0.000 e~!Y shares of Rs. I 0/- each 1,00,000

8

r1 --

Total 1,00,000 -·---/

Issued, Subscribed and Fully Paid-un Share Capital Amount {in Rs.) I

l 0,000 equity shares of Rs. l 0/- each . l ,00,000 I

I Total 1,00,000 I

2.1.2 Transferor Company 2

The authorized, issued, subscribed and paid-up share capital of the Transferor Company 2 as on November 22, 20 l 9 is as under:

Authorized Share CaQital Amount (in Rs.) i 2,00,000 equity shares of Rs. I 0/- each 20,00,000 i 57,30,000 Non-Cumulative Non-Convertible 5 7 ,30,00,000 I Redeemable Preference Shares of Rs. l 00/- each !

-----..;

Total 57 ,50,00,000 Issued, Subscribed and paid uo Share Capital Amount {in Rs.} '

--1 I 0.000 equitv shares of Rs. l 0/- each 1,00,000 I

Total 1,00,000 --~


The authorized, issued, subscribed and paid-up share capital of the Transferor Company 3 as 011

November 22, 2019 is as under:

Authorized Share Capital Amount (in Rs.) I 0.000 equit1 shares of Rs. l 0/- each 1,00,000 I

' Total 1,00,0llO

Issued, Subscribed and ~aid UQ Share Capital Amount (in Rs.} l 0,000 equity shares of Rs. l 0/- each 1,00,000 I

I

/~~ Total 1,00,000 I

« ,.::.< //6

,f2M \<.\.\.'! a1fi.<;:;-~

;/; ~-<; "-on_'i1~4w / . feror Company 4

- Q /~ .;. •

! :'D .. ~ .; ,.,~;:~,,}~;~ [~ horized. issued, subscribed and paid-up share capital of the Transferor Company 4 as un 1•-C ··f-\ 'l!r.. ;,\. ~~ \\.<5 ve1 ber 22, 20 l 9 is as under: \\ ~-1 l..,l!""",..

~ ....... -.....,. ' ./. «''

• ~'Clr.~ '· - '1ll.1'''1:S.,'<;~

< "I' lo,~'.>/ Authorized Share Capital f Amount (in Rs.)

. ---:· ... - ·-1':::t97.40,000 eguity shares ~>f Rs. l 0/- each 9' 7 4,00,000

260.000 preference shares of Rs. I 0/- each 26.,00,000 Total 10,00,00,000

Issued, Subscribed and paid up Share Caoital Amount (in Rs.) 58.57,489 equity shares of Rs. I 0/- each 5,85,74,890

Total 5,85, 7 4,890


The authorized. issued, subscribed and paid-up share capital of the Transferor Company 5 as on N 0\ ember 22. 2019 is as under:

I Authorized Share Capital Amount (in Rs.) 97,40.000 equity shares of Rs. 10/- each

' 9. 74.00,000 260,000 preference shares of Rs. I 0/- each 26,00,000

··----~-

-----~--~-

Total 10,00,00,000 Issued, Subscribed and paid up Share Capital Amount (in Rs.}

89.45,428 equity shares of Rs. I 0/- each 8,94,54,280 Total 8,94,54,280

I

2.2 Capital Structure of the Transferee Company/ Demerged Company

The Transferee Company/ Demerged Company is a publicly listed company and its authori1ed. issued, subscribed and paid-up share capital as on November 22, 2019 is as under:

~~~~~~~--~~~-~~~~~~~~~~~~--~~~~~~~~

Authorized Share Capital 65,50,00.000 equity shares of Re. l /-each

Amount (in Rs.}

65.,50,00.000 ·--.. --J

9

Jo Total 65,50,00,000

---Amount (in Rs.) Issued, Subscribed and paid up Share Capital

--~ _____ _J

15,92,81, 139 equity shares of Re. 1 /-each 15,92,8 l, 139 Total 15,92,81,139

----~'

2.3 Capital Structure of the Resulting Company

The authorized, issued, subscribed and paid-up share capital of the Resu lti1~~ Com pan; as on Nov em bcr 22, 2019 is as under:

Authorized Share Capital I Amount {in Rs.} ----·---,

20,00,00,000 equity share~ of Re. l /- each 20,00,00,000 Total 20,00,00,000

Issued, Subscribed and paid up Share Capital Amount {in Rs.} i 5,00,000 equity shares of Re. \ 1- each 5,00,000 ---

Total f 5,00,000 ______ .J

~~~ ..'ii.- ~~4 "1ft"t'l';~ ~~""·'." ,~ Lai.., ; ~,,,,. \.\

V' ·v' V'/· \, I ~' ~- 'O : '• '>- r.· <~ ~ '

fl~ { . '.j_ : • ;; r

- 'Jc • .-'_,-, (;'

.~ ,'-' ·" I ,'

' '

10

di PART B

AMALGAMATION OF THE TRANSFEROR COMPANIES lNTO THE TRANSFEREE COMPANY

1. Transfer and vesting of the Transferor Companies

1.1 Upon the Effective Date and with effect from the Merger Appointed Date. the Transfernr Corn pan ies sh al I stand amalgamated and al I their respective Assets, Liabi I ities. rights and obligations. as applicable. be transferred and vested in the Tran~feree Company on a going 1.:oncern basis \\. ithout any requirement of a further act or deed so as to become as and fron, the Merger Appointed Date. the Assets, Liabilities, interests and obligations, as applicable. of the Transferee Company. Consequent to the above and the steps referred to hereinafter. the number ol shares held by the Transferor Company 1. Transferor Company 2 and Transferor Company 3 in the Transkree Company shall be issued to the shareholders of the Transferor Company 4 and Transferur Com pan; 5. As a result. there will be no change in the paid-up and issued share capital of the Transferee Company.

2. Transfer of Assets

2.1 Upon the Effective Date and with effect from the Merger Appointed Date. all Assets of the Transferor Companies, as are movable in nature or are incorporeal property or are othern ise capable of transfer by manual delivery or by endorsement and delivery shall stand transferred !l'1

and 'ested i:1 the Transferee Company and shall become the propert) and an integr<il pan uf the Transferee Company (to the e:\.tent permissible under Applicable La\\). The 'esting pursuant to

this Clause 2.1 shall be deemed to have occurred by manual delivery or endorsement and deliH:r;. as appropriate to the propt:rty being vested and title to the property shall be deemed to have been

~erred accordingly. ~ 31ftr.,,_ ' .

()_

f:..<" l Y; ''-(f 1fi~(fM a~p'P,lh e Effective Date and with effect from the Merger Appointed Date, all movable Assets ,)f

!J ~~ ::? :~<:~:~th ·t· 1 \eror Companies. other than those specified in Clause 2. I above. inc I ud ing cash and ca:;h If~ ~ ·1 L\':~'·1~,e. 11~ler ts. sundrv debtors. outstanding loans and advances, if any, recoverable in cash or in kind

\ t") ""'1\\' .. I _,

\\ ·~ (~::.~ f9.~ vallie to be recei.v~d. bank ba~ances and deposits, if any, with governm.ent. semi-government. \ ! • _"' ~,,- lopa~,and other authorities and bodies, customers and other persons ~hall without an: requirement · , ·~:~o,~~~urther act, instrument or deed become the property of the Transfere:e Company.

-- . '

2.3 Upon the Effective Date and with effect frQm the Merger Appointed Date, in relation to Assets (if any) belonging to the Transferor Companies which require separate documents for Yesting in the Transferee Company, the Transferor Companies, as applicable. and the Transferee Com pan) \\ill execute such deeds. documents or such other instruments, if any. as may be rn utual I: agreed.

3. Transfer of Liabilities

3.1 Lpon the Effective Date and \vith effect frum the Merger Ap'pointed Date. all Liabilities ul the Transferor Companies shall.\\ ithout any requirement of a further act or deed. be tra11sforrcd tu. •Jr be deemed to be transferred to the Transferee Company so as to become from the Merger Appointed Date. the Liabilities of the Transferee Company and the Transferee Company undertakes tl) meet. discharge and satist~, the same.

4. Contracts, Deeds, Bonds and Other Instruments

4.1 Upon the Eftective Date and \\ ith effect from the Merger Appointed Date and ->ubject to the provisions of this Scheme, all contracts, deeds, bonds, lease deeds, agreements entered into '' ith various persons. arrangements and other instruments of whatsoever nature in 1·elation to the Transferor Companies and to which the Transferor Companies. as applicaL1le. are a pany m tel the benefit of\\ h ich the Transferor Companies. as app I icable, may be eligible. and wh icl 1 are su b:;ist int,( or have effect as on the Effective Date, shall continue in full force and effect on ur against ur in favour of as the case rnay be, of the Transteree Company and 111ay be enforced a~ full; and effectually as if. instead of the Transferor Companies. as applicable. the Transferee Cu111pai1: has been a pany or beneficiary or obligee thereto or thereunder. in all cases subject tu the terms and provisions of such contracts. deeds. bonds. lease deeds, agreem'ents. arrangements ur instrumenb.

4.~ Without prejudice to the other provisions of this Scheme and 110twithstanaing that the \Csting or the Transferor Companies\\ ith the Transferee Company occurs by virtue of this Scheme itself. the Transferee Company may. at any time after coming into eftect of this Scheme. if so 1·equired. u11der Applicable Law or otherwise. e:\ecute deeds. confirmations or other writings or arrangements\\ ith

11

J2 any party to an) contract or arrangement to which the Transferor Companies arc a pany or an) writings as may be necessary to be executed merely in order to give formal effect to the abc)\ e

prov is ions. The Transferee Company shall, under the prov is ions of th is Scheme. be deemed to be authorized to execute any such writings on behalf of the Transferor Companies and to carry out or perform all such formalities or compliances referred to above on the part of the Transferor Companies.

4.3 Without prejt!dice to the generality o!'the foregoing. it is clarified that upon this Schen11.: becoming effective. all consents. agreements. permissions. all statutory or regulatory licences. registrations. apprcl\ als. certiticates. insurance covers. clearances. authorities. pO\\ ers of attorne: gi\ en b:. issued to or executed in favour of the Transferor Companies shaV stand transferred to the rransleree Company's if the same we1e original I) given by. issued to or executed i11 favour of the Transferee Company. and the Transferee Company shall be bound by the terms thereof, the obligations and duties thereunder. and the rights and benefits under the same shall be available to the Transferee Company. In so far as the various incentives, subsidies, schemes, special status and other benetih or pri\ ileges enjoyed, granted by any governmental body, local authority., or by any other person. or availed by the Transferor Companies are concerned, the same shall vest with and be available to

the Transferee Company on the same terms and conditions as applicable to the Transferor Companies as if the same had been allotted and/or granted and/or sanctioned and/or allowed to the Transferee Company.

5. Employees

5.1 Upon this Scheme becoming effective. the respective employees of the Transferor Cl1111panies as on the Effective Date, if any. shall be deemed to have become employees of the Transferee Company. without any interruption of service and on the basis of continuity of service and terms and conditions no less favourable than those applicable to them with reference to thL' Transfernr Companies on the Effective Date. The ser1'ices of such ernp~yees, if any. with the Transferur Companies up to the Effective Date shall be taken into account for the purposes of all benefits tu which the employees. if any. may be eligible under Applicable Law.

5.2 Upon this Scheme becoming effective, all contributions to ~unds and schemes in respect ul· rovident fund. employee state insurance contribution, gratuity fund. superannuation fund. staff

~"~re scheme or any other special schemes or benefits created or e:\.isting for the benefit of the

t. H. \.

es of the Transferor Companies as on the Merger Appointed Date, if any. shall be made ansferee Company in accordance with the provisions of st.ch schemes ur funds and

Law.

{1 ·, Lip;n this Scheme becoming effective, legal or other proceedings. if any (including bell.ire an: cou11. statutory or quasi-judicial authority or tribunal), by or against any of the Transferor Companies. whether pending on the Merger Appointed Date. or which may be instituted an: time in the future (irrespective of\\ hether they relate to periods 01~ or prior to the Merger App,1inted Date) and in each case relating to the Transferor Companies ("'Transferor Company Proceeding(s)") shall be continued and enforced by or against the Transferee Company alter the Effective Date. to the e.;.tent permissible under Applicable Law and in accordance \Vith this Scheme,

6.2 If any Transferor Company Proceecling(s) is/ are pending, the same shall not abate. be discontinued or in any way be prejudicially affected by reason of this Scheme and the proceedings may be continued. prosecuted and enforced, by or against the Transferee Company in the same manner and to the same extent as thr:y would or might have been continued, prosecuted and enforced b) ,1r against the respective Transferor Companies. as applicable. as if this Scheme had not been made.

7. Treatment of Taxes

7.1 Upon the Effective Datt: and with effect from the Merger Appointed Date. all ta-...es and duties pa:able b: the Transferor Companies (including under the IT Act. Central E\.c1se ·'\ct. ll)..f..f. Finance Act. 199..+. Custl>lllS Act. 1962. gllods and sen ices tax laws and all other Applicable 1.a\\ ~ ). accruing and re la ting to the Tran~feror C 0111 pan ies. from the ,Merger Appointed Date 01rn ards. including but not limikd to advance tax payments. tax deducted at source credits. minimum alternate tax credit. any refund and claims shall. for all purposes. he treated as advance tax payments. tax deducted at source c1·edits or refunds and claims. as the case ma: be. ot'the Transferee Company.

7.2 Upun tl1is Scheme becoming effective, all unutilized credits and exemptions. benctit of carried

12

J3· forward losses/ unabsorbed depreciation and other statutory ben~fits, including in respect of income tax (including but not limited to tax deducted at source, tax collected at source. advance tax. minimum alternate tax credit etc.), cenvat, customs, value added tax, sales tax. \alue added tax. service tax. goods and services tax, etc. LO which the Transferor Companies arc entitled to. shall be available to and vest in the Transferee Company. without any requirement of a further act or deed.

7.3 All the expenses incurred by the Transferor Companies and the Transferee Co111pany in relation t,1 the a111algamation of the Tra:1sferor Companies with the Transferee Co111pany as per this Scheme. including stamp duty expenses, if any, shall be allowed as deduction to the Transferee Company in accordance with Section 3500 of the IT Act over a period of 5 years beginning with the previous year in which this Scheme beco111es effective.

7.4 Any refund under the tax laws due to the Transferor Companies consequent to the assess111ents made on the Transferor Companies, and for which no credit is taken in the accounts as on the date immediately preceding the Merger Appointed Date shall belong to and be received by the Transferee Company. The relevant authorities shall be bound to transfer to the account of and giw credit for the same to the Transferee Company upon the passing of the orders on this Scheme b) the NCLT and upon relevant proof and documents being provi~ed to the said authorities.

7.5 The Transferor Co111panies 111ay be entitled to various incentive schemes and pursuant to th1~

Scheme. it is declared that the benefits under all such schemes and policies pertaining tu thl' Transferor Companies, as applicable. shall stand transferred to and vested in the Transferee Company and all benefits, entitk:ments and incentives ofa1~y nature whatsoever including benidib under the income tax, excise duty, value added tax, sales tax, service tax. goods and ~en ices tax. exemptions. concessions, re111issions, subsidies and other incentives. to tl1e extent statutorih available. shall be claimed by the Transfert'e Company.

8. Saving of concluded transactions

8.1 The transfer L)f Assets and Liabilities to, and the continuance of proceedi·1gs by or against. the Transferee Company as envisaged in this Scheme shall not affect any transaction or proceedings already concluded by the Transferor Companies on or before the Merger Appointed Date and after

~::::;;::=:::::::i.th..:e Merger Appointed Date, till the effectiveness of this Scheme to the end and intent that the /'A:\ 'qf~ Jr. sferee Com pan_y ~ccepts and adopts al I acts, deeds and, th :ngs don~ and_ executed b:- the

r;~·--;,~11~ law ror Companies 111 respect thereto as done and executed <rn behalt of 1tselt. ' ~' ~ //-,";: &' --.~>~ <::::

ii 2-'ru ~\':0 ,\;i Cb~· of Business l \ t.__ g ~~~·-;·~\\~ ~ k 1 !

;:.. ) ~-. ,,,. '• i' " •. I' \ S"t ~.1(:.;."'.Stt_.iijecz lo ~he effe~ti:en_e~;s of this Scheme, with effect from the Merger Appointed Date and up to \\,_~ ;>';;/r:';-.,.I'• ~w-~~ud111g the Eftect1\e Date:

'< ... , ·•;: 1~·ti0~':-: ..... ·--~:·:::::--([) The Transferor Companies undertake to carry on and shall be deemed to carry on their

respective businesses' and stand possessed of their Assets. for and on account Llf a11d in trust for the Transferee Company: and

(ii) all income, receipts, profits accruing to the Transferor Companies and all taxes thereon <:1r Liabilities or losses arising or incurred by it shall, for all purposes, be treated as and deemed to be the inco~11e. expenses. payments. profits. Liabilities, taxes or losses. as the case ma;. be. of the Transferee Company.

9.2 Sub.iect to the effectivern~ss ol' this Scheme. with effect from t~1e date of approval uf this Scheme by the respective Board of Directors of the Transferor Companies and the Transferee Cumpai:y. and up to and including the Effective Date, the Transferor Companies shall carr;. on their respecti\ e businesses with reasonable diligence and business prudence and in the same manner as the;. had been do:ng hitherto.

9.3 It is hereb;. clarified that if any Assets (including but not limited to any estate. righh. title. intcr·est in or authorities relating to such Assets) which the Transferor Companies, Ovvn. any Liabilities that pertain to the Transferor Companies and/ or any contract. deeds, bonds, agreements. schemes. arrangements or other instruments of whatsoever nature ("Contracts.'') to which the Transfernr Companies are a party. have not been transferred to the Transferee Company, the Transferor Companies. as applicable, shall hold such Asset, Liabilities and/ or Contracts, as the case ma) be. in trust for the benefit nf the Transferee Company till the time such Assets. Liabilities and' or Contracts are duly transferred to the Transferee Company and to this end, the Transferur Companies. as applicable shall render all necessary assistance to and fully cooperate with. the Transferee Company with respect to such Assets, Liabi I ities and/ or Contracts for the purpost:s or transfer to the Transferee Corn pany.

13

1 (I "' Issue of Merger Shares and cancellation of existing shares j4

I 0.1 The Transferee Company shall have taken all necessary steps, including by way of passing all enabling corporate resolutions to increase or alter, to the extent required, its authorized share capital suitably so as to enable it to issue and allot the Merger Shares, and if applicable. for the issuance of the necessary share certificates and/or letters of a I lotment representing the Merger Shares.

10.2 In re lat ion to the issuance of Merger Shares and cancel lat ion of existing shares. the fol lu\\ ing sh al I be deemed to have occurred and taken effect only in the sequence anci in the order mentioned hereunder:

...... I 0.2. I Clause I 0.2 I shall be deemed to have occurred and taken effect,prior to the occur ·ence ~ind coming

into effect of Clause I 0.2.2:

( i) In so far as the amalgamation of the Transferor Company 1 into thE: Transferee L'om pan;- 1s concerned. upon this Scheme becoming effective: (a) the equity shares of the Transferee Company held by the Transferor Company I; and (b) the equity sha:es of th1.: Transferur Company 1 (a wholl) owned subsidiary of the Transferor Company 5) held by th..: Transferor Company 5. shall, without any further application, act, instrument or deed. be autornaticall:cancelled and be of no effect on and from the Effective Date. Simultaneously and concurrent with such cancellation, the Transferee Company shall. wi<hout any requirement of an) further act or deed, issue and allot the Merger Shares such that for 1,92,78.979 (One Crore Ninety Two Lakh Seventy Eight Thousand Nine Hundred and Seventy Nine onl;-) fully paidup equity shares of Re I each of Transferee Company held by Transferor Company I as on the Merger Record Date. 1.92. 78.979 (One Crore Ninety Two Lakh Sevtnty Eight Thousand Nine Hundred and Seventy Nine only) Merger Shares shall be issued and allotted by the Transferee Company. free from al 1 I iens. charges. equitable interests. encumbrances and other third party rights of any nature whatsoever. to each shareholder of the Transferur Company 1 whose :iame is recorded in the register of mtmbers of the Transfernr Com pan: I as holding shares as of the Merger Record Date:

(ii) In so far as the amalgamation of the Transferor Company 2 into the Transt'erc1.: Cornpan: b

concerned. upon this Scheme becoming effective: (a) the equity shares of the Transferee .-:::\<=~:;:tr=:::~ Company held by the Transferor Company 2: (b) the equit) shares of the Transferur

~<i.flY L:: 11pany 2 held by the Transferor Company 4 and (c) the equity shares of the Transferm . ,.'::- (0~< ~ " ~ 01 pany 2 held by the Transferor Company 5, shall. without any further application. act.

i/fl';:;;' \'\·: >k. ~1 \111ent or deed. be automatically cancelled and be of no effect on and fro111 the Effecti\e ; : - ~1 \0~\., a!e }simultaneously and concurrent with such cancel lat ion, the Transferee Company sha 11.

. :/... <:•:;~- 0)Vithciut any requir~ment of any furth~r act or deed,. issue and allot the M~rger Shares such , 11'.., .~..,_ ';.."-:·that for 2.13,61,99.~ (T\\O Crore Thirteen Lakh Sixty One Thousand Nine Hundred a11d '-;,.._::7;.= .. ~'.{N.inety Two only) fully paid-up equity shares of Re 1/- each of Transferee Company held b:

·..._ ---= __ , / tht Transferor Com pan) 2 as on the Merger Record Date, 2, 13.61.992 (Two Crore Thirteen Lakh Sixty One Tl1ousand Nine Hundred and Ninety Two only) Merger Shares shall be issued and allotted by the Transferee Company. free from all liens. charges. equitable interests. encumbrances and other third pa11y rights of any nature whatsoever. to sharehlild..:rs of the Transferor Company 2 whose name is recorded'in the register of members of the Transferor Company 2 as holding shares as of the Merger Record Date:

(iii) In so far as the amalgamation of the Transferor Company 3 into the Transferee Com pan: is concerned, upon this Scheme becoming effective: (a) the equity shares of the Transferee Company held by the Transferor Company 3: and (b) the equity shares of the Transferor Company 3 (a wholly O\\ned subsidiary of the Transferor Company 4) held b) the Transferor Company 4, shall, without any further application, act, instrument or deed. be automaticall;cancelled and be of no effect on and from the Effective Date. Simultaneously and concurrent with such cancellation, the Transferee Company shall. without an) requirement of an: further act or deed. issue and allot the Merger Shares such that for 2, 15.87.665 (Two Crore Fifteen Lakh Eighty Seven Thousand Six Hundred and Sixty Five only) fully paid-up equity shares of Re. 1/- (Rupee One only) each of the Transferee Company held b) Transfernr Company 3 as on the Merger Record Date, 2.15,87,665 (Two Crore Fiftee11 Lakh Eighty Seven Thousand Six Hundred and Sixty Five only) Merger Shares shall be issu..:d and allotted by the Transferee Company. free from all liens. charges. equitable interests. encumbrances and other third party rights of any nature whatsoever. to each shareholder ur the Transferor Com pan) 3 whose name is recorded in the register of m~mbers of the Transfrror Com pan) J c1s holding. share~; as o!'the Merger Rernrd Date: and

(iv) In the event the Transferor Company I. Transferor Company 2 and/ or Transfrror Compan: 3 acquire(s) any additiunal equity shares of the Transferee Company.~\ithout incurring an;additional liability, or there occurs a ri:duction in the existing sharehlild ng of the l~ransfcror

I..+

JS Company I. Transferor Company 2 and/ or Transferor Company 3 in the rransferee Company. for any reason. whatsoever. as on the Effective Date. such additional/ reduced number of equity shares of the Transferee Company. ~s may be held by the Transferur Company I. Transferor Company 2 and/ or Transferor Company 3 in the Transfere.: Company as on the Effective Date, shall be issued and allotted to the Transferor Company 4

and/ or Transferor Company 5, respectively.

I 0.2.2 Clause I 0.2.2 shal 1 be deemed to have occurred and taken effect after the occurrence and coming into effect of Clause 10.2.1:

(i)

(ii)

--~

~~ Jrfi.,~~ '2>.':·Y Lai~ ,. ~. /" "'' "~ 'r,.·.

/;', 1.-,.. c§' ~>.,,, '?:. \ '/(?_._ (; ·C·' ·. ':_'> ~ ~-::;> I '~ • .. ,. ··~ . ~ i/ ·- ~ 1j~~v\ -

'\ g ~~~~~. t-«J. \ ~ '-...... ~""~

". 1:« " • $,~(>.' ("';' ... .;;;y,f;f;f.7, ~<{'~ ·, .4//;ib;:i\'~1~. ~-~-:._. (111)

In so far as the amalgamation of the Transferor Company 4 into the Transferee Company is concerned, upon this Scheme becoming effective, the shares of the Transteree Company held by the Transferor Company 4 shall, without any further application, act. instrument or deed. be automatically cancelled and be of no effect on and from the Effei.:tive Date. Simultaneously and concurrent with such cancellation, the Transferee Company shall. without any requirement of any further act or deed, issue and allot the Merger· Shares such that 3.22.68.661 (Three Crore Twenty Two Lakh Sixty Eight Thousand Si" I lundred and Sixty One only) fully paid-up equity shares of Re .. I/- (Rupee One only) each or the Transferee Company held by Transferor Company 4 as on the Merger Record Date. 3.22.68.661 (Three Crore Twenty Two Lakh Sixty Eighl Thousand Six Hundred and Sixt; One only) Merger Shares shall be issued and allotted by the Transferee Company. free frnm all liens. charges. equitable interests, encumbrances and other third party rights ufany natur.: whatsoever. to each ~;hareholder of the Transferor Company 4 whose name is re\.'.orded in thl' register of members of the Transferor Company 4 as ho Id ing shares as of the lvkrger Record Date: and

In so far as the amalgamation of the Transferor Company 5 into the Transferee Corn pan) 1s

concerned. upon this Scheme becoming effective, the shares of the Transferee C\)mpany held by the Transferor Company 5 shall, without any fu1ther application. act. instrument or deed. be automatically cancelled and be of no effect on and from the Effective Date. Simultaneously and concurrent with such cancellation. the Transferee Company shall. without any requirement of any fu1ther act or deed, issue and allot the Merger Shares .-;uch that for 2.99,59,975 (Two Crore Ninety Nine Lakh Fifty Nine Thousand Nine Hundred and Sevent) Five Only) fully paid-up equity shares of Re. 1/- (Rupee One only) each of the Transferee Company held by Transferor Company 5 as on the Merger Record Date. 2.99.59.975 (Two Crore Ninety Nine Lakh Fifty Nine Thousand Nine Hundred and Se\ ent~ Five only) Merger Shares shall be issued and allotted by ~he Transferee Company. free from al I I iens, charges, eq li itable interests, encumbrances and other third party rights of any natur;c> whatsoever, to each shareholder of the Transferor Company 5 whose name is recorded in the register of members of the Transferor Company 5 as holding shares as of the Merger Record Date: and

In the event the Transferor Company 4 and/ or Transferee Company 5 acquire(s) any additional equity shares of the Transferee Company (either on account of the amalgamation of the Transferor Company I. Transferor Company 2 and/ or Transferor Company 3 or on account of new purchase of equity shares of the Transferee Company), without incurring any additional liability. or there occurs a reduction in the shareholding of the Transferor Company 4 and/ or Transferor Company 5 in the Transferee Company, fL1r any reaS\lll, whatsoever. as on the Effective Date, such additional/ reduced number of equity shares or the Transferee Company. as may be held by the Transferor Com pan) 4 and/ \)r Transferor Company 5 in the Transferee Company as on the Effective Date shall be issued and allotted to the shareholders of the Transferor Company 4 and/ or Transferor Company 5. respect i \eh.

I 0.3 Provided however that \\ ith respect to the amalgamations of the Transfero.( Companies into thl' Transferee Company. tl1e number of Merger Shares \\ill be equitabl) '.1djusted '.o retkct appropriately the effect of any share s1~ I it. reverse share split, div ide11L!., inc I ud i 11g an) extraordinary cash dividend. reorganization, recapitalization. reclassification., combination. exchange of shares. or other like change\\ ith respect to the Transferee Company's shares on thl· books of the Transferee Company as on the Merger Record Date.

I OA An) fractional entitlement arising out of the issue and allotment of the Merger Shares pursuant to Clause l 0.2 above, shall be rounded up to the previous whole integer and capped at shares held b) Transferor Companies in Transferee Company and be issued free from all liens. charges. equitable interests, encumbrances and other third party rights of any nature whatsoever.

10.5 It is clarified that there would be no change in the existing and aggregate Promoters· shareholding in the Transferee Company before and after the amalgamations contemplated under Part B of this Scheme.

15

J_lo I 0.6 The Merger Shares issued and allotted pursuant to Clause I 0.2 above shall be subject to the

memorandum and articles of association of the Transferee Company and shall rank pari pas.1u in all respects, including dividend. with the existing shares of the Transferee Company.

10. 7 The issue and allotment of the Merger Shares by the Transferee Company to the shareholders uf each of the Transferor Companies. as provided in this Scheme is an integral part thereof and shall be deemed to have been carried out as if the procedure laid down under Section 62 read with Sectiun 42 of the Act and any other applicable provisions of the Act were duly complied with.

10.8 Approval ofthis Scheme by the shareholders of the Transferee,C::ompany shall be dee111ed to mean that the shareholders have also accorded all relevant consents under the Act for the issue and allotment of the Merger Shares by the Transferee Company to each of the sharehulders uf the Transferor Companies.

I 0.9 The cancellation of the equity share capital as per Clause 10.2 above and the consequential capital reduction shall be effected as a part of this Scheme itself and not under a separate procedure i11 terms of Section 66 of the Act. The consent of the shareholders of the Transferee Co111 pany to th is Scheme shall be deemed to be the consent of its shareholders for the purpose of effecting the reduction under the provisions of Section 66 of the Act and no further compliances would be separately required.

I 0.10 The reduction of capital of the Transferee Company, as above. does not involve any diminution of liability in respect of any unpaid share capital or payment to any shareholder of any paid-up share capital or payment in any other form.

I 0.11 Notwithstanding the reduction of the existing share capital of the Transferee Cu111pan:- in terms ut Clause I 0.2 above. the Transferee Company shall not be requir;d to add "and reduced"" as a sufti:-to its name.

I 0.12 The Merger Shares to be issued to the sharel'olders of the Transferor Companies shall be issued in compliance with applicable laws and all details relating to such shareholders shall be mack

~. '~.~~able to the Transferee Company. ~~\~i'-<'-Jr~'~

;:,~:Q.'-~'3~·/ ~~q~~,er Share_s issued and allo_tted pursua1_11_to Cla~1se I 0.2.2 a~ove shall be listed un the Indian /(s~ ~-·Y <.• • ),~to~_t:'x~~ianges 111 accordance with the prov1s1ons ot the SE Bl Circular. !t~I~~ ,,~-..(~~Me\.i \, I ' t_) .. .,~I I . '\ ~I 0. I :t:~~~ .,, rg~r Shares allotted pursuant to this Scheme shall remain frozen in the depus1tor) system · :"* ~ (~~~~i1i'g/ trading permission is gi\ en by the designated stock exchange.

',.:7r:r~1~ ~"'' r~'5»

'l:l-1':~_:>:__t·~¥.--oiinting treatment in the books of the Transferee Company ·--- - .. ·-

11.1 Pursuant to Part B of this Scheme coming into effect on the Effective Date, and \vith effect frurn the Merger Appointed Dak. the Transferee Company shall account for the amalgamation nf the Transferor Companies with and into the Transferee Company in~its boo/...s ofaccuunts i11 accurdance with Indian Accounting Standards prescribed under Section 133 of the Act. as ma) he arnenckd from time to time and other general!) accepted accounting principles in India as under

(i) The Transferee Company shall record the Assets and Liabilities, of the Transferor Companies vested in it pursuant to this Scheme, at their respective book values as appearing in the books of the Transferor Companies:

(ii) The Transferee Corn pany shall aggregate all the reserves (general reserves. free reser\ es. capital reserves, securities premium or reserves of any other nature), : f any. 'ested in it pursuant to the amalgamation of the Transferor Companies with and into the Transferee Company at their respective book values as specified in the books of accounts of the Transferor Companies and shall treat such reserves in its books of accounts in the same manner as it treats its own reser\es:

(iii) !"he Transferee Company shall issue and allot its equit) shares to the shareholders uf the Transferor Companie.; in aecurdance with Clause I 0.2 of Part B of this Scheme.\\ ith re~pect to the Merger Shares issued by the Transferee Compa11tJ1, the share capital accuum or the Transferee Company would be credited \vith the aggregate face 'alue of the equity share~ issued by it:

( i\) The loans and advances Llr payables or receivables or any other investment or an·angemcnt of any kind. held inter se, if any. between the Transferor Companies and the Transferee Company ~hal I stand cancelled:

16

J'1-(v) The difference between the book value of Assets, Liabilities, reserves as reduced by the face

value of the equity shares issued by the Transferee Company and atter considering the cancellation of inter-company balances in accordance with Clause 11. I (iv) above. shall be recorded within ''Other Equity" of the Transferee Company; and

(vi) In case of any difference in the accounting policies between the Transferor Companies and the Transferee Company. the impact, if any of the same will be quantified and adjusted in the '"Other Equity" of the Transferee Company to ensure that the financial statements of the Transferee Company reflect the financial position on the basis of consistent accounting policy.

12. Dissolution of the Transferor Companies

12. l Upon this Scheme becoming effective, the Transferor Companies shall, without an: requirement ofa further act or deed, stand dissolved without being wound up without any requirement for any further act by the Companies. in accordance with the Act. The.-espective names of the Trnnsferor Companies shall be struck off from the reco1ds of the RoC and the Transferee Co111pa11y shall make necessary filings in this regard.

13. Combination of the authorized share capital of the Transferor Companies

13.1 Upon this Si:heme beco111111g effective, the authorized share capital of the Transferor Companie~ shall stand combined with and be deemed to be added to the authorized share capital of the Transferee Company without any requirement ofa further act or deed on the part of the Transferee Company. including payment of stamp duty and fees payable to the relevant Registrar of Companies, and the provisions of the memorandum of association of the 1ransferce Compan; (relating to the authorized share capital) shall. without any requirement of a furi:1er acL instrument or deed. be and stand altered. modified and amended, and the consent of tl~e shareholders to this Scheme shall be deemed to be sufficient for the purposes of effecting this amendment. and IHl

further resolution(s) under Sections .:I. 13 and 61 and all other applicable provisions llf the Act. if any. vvould be required to be separately passed. as the case may be, and for this purpose. the stamp

~::-~~~ties and fees paid on the authorized capital of the Transferor Companies in the past shall be ,/'<'5.:\\ :ar<J ~~{d to have been utilized and applied to the increased authorized share capital of the Transferee

7;.<J;>cf-?3 ·•Y La1€J~1y and there would be no requirement of any further payment of stamp duty and/ur fee b) // rt"ibr:: ~-<=-~~ th~Tra\\sferee Company for increase in and utilization of the authorized share capital Ill that e:-..tent (i, -~ 1~{~:~t ~atJ~n. to the foregoi1~g, if applicable, the Transferee c.ompan; shall. pay the requisite f~es 01:

'. ~-~ C-':!,-1 1ts1aLt.tlJnzed share capital enhanced by the amalgamation after having made the appl1cabk \''. -~ -+1 . ,c~ -.~ ~"ustri.fonts, as permitted in terms of Section 232(3 )( i) read with Section 23 3( I I) of the Act.

.\... i~~'I .~~-'- · ..... ··~ ,:~ --111:1)~ , \- >,> ~/::.-'

~ ~;_ ~. -~--~-::· ~-:'~- :~ ,

17

PARTC :}_~

DEMERGER OF THE LSI UNDERTA!<fNG OF THE DEMERGED COMPANY INTO THE RESULTING COMPANY

I. Transfer and vesting of the LSI Undertaking into the Resulting Company

I. I Upon the Effective Date referred tu in Clause I. I 0 (ii) of Part A of this Scheme and \V ith etfe..:t from the Demerger Appointed Date. the LSI Undertaking of the Demerged Com pan: shall stand demerged and be transferred and vested in the Resulting Company on a going concern basis\\ ithout any requirement of any further act. instru111ent or deed so as to become as and from the Oemerger Appointed Date, the undertaking of the ResLliti11g Company, and to vest in the Resulting Com pan). all the Assets, Intellectual Property, Liabilities, rights, title, interest or obilpttions of the LSI Undertakirg therein, in the manner described hereunder.

2. Transfer of Assets

2.1. Upon the Effective Date and\\ ith effect from the Demerger Appointed Date. all Assets pertaining to the LSI Unde11aking that are movable in nature or are intangible in nature. as identitied and applicable or are otherwise capable of transfer by manual or constructive delivery or b: endorse111ent and delivery, shall stand transferred to and vested in the Resulting Co111pan: and shall become the propert: and an integral pa11 of the Resulting Co111pany (to the extent permissible undl'r Applicable Law) without any fu11her act, instru111ent or deed. lhe vesting pursuant tP this Clause 2.1 shall be dee111ed to have occurred by manual or constructive delivery orb: endursement and delivery, as appropriate to the property being vested and title to the prope11y shall b..: deemed tu have been transferred accordingly to the Resulting Co111pany.

2.2. Upon the Effective Date and with effect from the Demerger Appointed Date, all mO\able Assets pertaining to the LSI Undertaking. other than those specified in Clause 2.1 above. including cash and cash equivalents, sundry debtors, outstanding loans and advances. if any, recoverable in cash or in kind or for value to be received, bank balances and deposits, if any. with govern111ent .. semigovern111ent. local and other authorities and bodies, customers and other persons shall without an: requirement of any further act, instrument or deed become the propeI1) of the Resulting Com pan).

~~ ,,..:-..-r.l'"·f' ~ ... ;f';;/~~Jr~~f~a~'/'~ n the Effective Date and \Vith effect from the Demerger Appointed Date. all lease llr license or

r'J;·,:,Y·', .. ~.,. -z, 't ~greements pertaining to the LSI ~ndertakin.g. ent~red into by the Demerged Company \\ ith (1 r;: ('! ·<;t·/~ - no \s landlords. owners and lessors 111 connection with the use of the Assets of tho: Demerged d\ ?i, ~~?L ~111 ! ny. together with security deposits. shall stand automatically transferred in fovour of the '' -='J. (~:~,~· .,.~J'{dL.Ming Compa11: on the same krms and conditions, subject to Applicable LI\\. 1\ itlrnut an~

"·:,·;,,Ir,:" , -;10·:((.!55ifer act. instrument or deed. The Resulting Company shalJ continue to pa> rent amounts a~ ':.-, -;1h·:,~·Tb-~Cl~si~Y6\'ided for in such agreements and shall complv with the other terms. conditions and CO\ enam~ "· ...._C•d rl'_..~-- "'

'-:::::=::-..:::- • thereunder and shall also be entitled to refund of security deposits paid under such agreements b~ the Demerged Company.

2.4. Upon the Effective Date and \\ ith effect fro111 the Demerger Appointed Date, all Intellectual Property penaining to the LSI Unde11aking. as identified and applicable, shall \\ ithout an:rcquirement of any fu11her act. instrument or deed, stand transferred to and vested in the Resulting Company. This Scheme shall serve as a requisite consent for use and transfer of such Intellectual Prope11y without requiring the execution of any further deed or document.. so as to transfer the said Intellectual Property in favour of the Resulting Company.

2.5. Upon the Effective Date and with effect from the Demerger Appointed Date, the Demerged Company agrees to execute and deliver at the request of the Resulting Co111pany, all papers and instruments required in respect of the Intellectual Property, as identified and applicable, to vest such rights. title and interest in the name of the Resulting Co111pany and in order to update the records or the respective registries to reflect the name and address of the Resulting Compan) as the crnner or such Intellectual Property.

2.6. Upon the Effective Date and with effect from the De111erger Appointed Date. in relation to Assets. if an). \\hich require separate documents for vesting in the Resulting Company. or \\hich tllL' Demerged Company and/ or the Resulting Company otherwise desire to be vested separate I:. !hi: Demerged Company and the Resulting Company will execute such deeds. documents or such other instruments. if any. as may be mutual!: agreed.

2. /. Upon the Effective Date and with effect from the Demerger Appointed Date, all Assets acquired by the Demerged Company after the Demerger Appointed Date and prior to the effectiveness of

18

J1' this Scheme for operation of the LSI Undertah.ing shall be dee~ned to have been acquired fur and 011 behalf of the Resu I ting Company and shall also stand transforred to and ves"'t'c,d in ti ie Resu It ing Company.

2.8. Upon the Effective Date and with effect from the Demerger Appointed Date, the past track recurd of the Demerged Company relating to the LSI Undertaking, including without limitation. thc profitability. experience, credentials and market share. shall be deemed to be the track record ofthc Resulting Company for all commercial and regulatory purposes including for the purposes of eligibility, standing, evaluation and participation of the Resulting Company in all existing and future bids, tenders and contracts of all authorities, agencies and clients.

2.9. Upon the Effective Date, any and all immovable prope11ies (including la11d together with the buildings and structures standing thereon) and rights and interests in such immovable properties of the Demerged Company pertaining to the LSI Unde11aking, whether freehold or othernise and an;. documents of title, rights and easements in relation thereto (including security cieposits) shall stand transferred to and be vested in the Resulting Company on the same terms and conditi,rns. subject to Applicable Law, without any act, instrument or deed. Upon this Scheme becoming effecti\e. the Resulting Company shall be entitled to exercise all right54 and privileges attached to such immovable prope11ies and be liable to pay taxes and fulfil all obligations in relation tu ur applicable to such immovable properties (if any). The mutation or substitution of the title to the imrnmabk properties shall. upon this Schellle becoming effective, be made and duly recorded in the name ,)f the Resulting Company by the appropriate governmental authorities pursuant to the sanction ofthi-, Scheme by the NCL T and this Scheme becoming effective in accordance with the terms hereof without any requirement of any further act, instrument or deed on pat1 of the Resulting C olllpan;..

2.10. It is clarified that since the Demerged Company owns I 00% of the issued share capital of the Resulting Company, the transfer of the LSI Unde11aking in pursuance of this Scheme shall be eligible for remission of the stamp duty in state of Uttar Pradesh, on instruments e\ idencing transfer of property, in terms of the Finance Depat1ment Notification No. M.599/X-501 dated March 25, 1942 issued under Section 9(a) of the Indian Stamp Act, 1899.

3. Transfer of Liabilities

3.1. Upon the Effective Date and'' ith effect from the Demerger Appointed Date, all Liabilities relating to the LSI Unde11aking (more particularly described in Clause ~.14(viii) of Part A of this Scheme) shall stand transferred. or be deemed to have been transferred to the Resulting Company so as lll

become from the Demerger Appointed Date. the Liabilities of the Resulting Company and the Resulting Company undertakes to meet, discharge and satisfy the same.

--::;_::;":::;:::~= ..... ~ ,qjq~~

./'4-~~1y .. La/J·~ re~y clarified that, unless expressly pr~vided for, it shall not be necessary tn obtai1: the If~ r.S:i'· ,,.... ~·- C~J~n t any third party or other person who 1s a party to any contract or arrangement by virtue (\~';} ~\";~., o/-~1icl such Liabilities have arisen, in order to give effect to the provisions of Clause 3. " .9 ~\q':l ~ \ ~ 3.:1:;.:~~~e• 'Jny ,Jf the Liabilities on the Demerger Appointed Date have been discharged b) the '\-~ « « ~71,:;..~-. ·~i'~ged Company after the Demerger Appointed Date and prior to the effectiveness of this

~~''.·., :~· .. ~~ine, such discharge shall be deemed to have been for and on behalf of the Resulting Com pan;.. .. ... - ~ " -~

3.4. Upon the Effective Date and with effect from the Demerger Appointed Date. all loans raised and used. and Liabilities incurred. if any, by the Demerged Company after the Demerger Appointed Date. but prior to the effectiveness of this Scheme, for the LSI Undertaking shall be deemed to be transferred to and to be discharged by the Resulting Com pan).

' 3.5. The vesting of the LSI Undertaking as aforesaid, shall be subject to the existing securities. chargt·,.,.

hypothecation and mortgages. if any. subsisting in relation to any loans or borrowings of the L:-;1 Undertaking. provided however. any reference in any security documents or arrangements to'' hi ch the Demerged Company is a party. wherein the Assets of the LSI Undertaking ha' t' been or arc offered or agreed to be offered as scrnrities L.Jr any financial assistance or obligatiuns. shall be construed as a reference to only the Assets pertaining to the LSI Undertaking-:1~ are' ested in thc Resulting Company as per this Scheme, to the end and intent that any sue'., security. charge. hypothecation and mortgage shall not extend or be deemed to extend to any-of the other Assets ,1f the Demerged Company or any of the Assets of the Resulting Company. Provided further, that the securities, charges, hypothecation and mortgages (if any subsisting) over and in respect or the Assets or any pa11 thereof of the Resulting Company shall continue with respect to such Assets ,ir pa11 thereof and this Scheme shall not operate to enlarge such securities, charges. h) pothecatio11 and mortgages.

3.\.>. Upon the Effective Date, the borrowing limits of the Resulting Company shall. ''ith,)ut an: requirement of any further act or deed. stand enhanced by an amount being the aggregate of the

19

30 Liabili•ies pertaining to the LSI Unde11aking which are being transferred to t11e Restilting Com pan: pursuant to tl~is Scheme and the Resulting Company shall not be required t(~ pass any separate resolution in this regard.

4. Contracts, Deeds, Bonds and Other Instruments

4.1. Upon the Effecti\e Date and \vith effect from the Demerger Appointed Date and subject to the provisions of this Scheme, all contracts. deeds. bonds, agreements entered into" ith various person~

' inc 1 ud ing independent consultants. subsidiaries/associate/joint venture corn pan ie~ and other shareholders of such subsidiaries/ associate/ joint venture companies, arrangements and other instruments of whatsoever nature in relation to the LSI Undertaking, to which the Demerged Company is a party or to the benefit of which the Demerged Company may be eligible. and which are subsisting or have effect immediately before the effectiveness of this Scheme. shall continue in full force and effect on or against or in favour of, as the case may be, the Resulting Company and may be enforced as fully and effectually as iL instead of the Demerged Company. the Resulting Company had been a party or beneficiary or obligee thereto or thereunder.

4.2. Without prejudice to the other provisions of this Scheme and notwithstanding that the vesting of the LSI Unde11aking with the Resulting Company occurs by virtue of this Scheme itself. the Resulting Company may, at any time after the coming into effect of this Scheme in accurdance "ith the provisions hereof. if so required, under any Applicable Law or otherwise, execute deeds. confirmations or other writings or arrangements with any pa11y to any contract or arrangement to which the Demerged Company is a pa11y or any writings as may be necessary to be executed merel: in order to give formal effect to the above provisions. The Demerged Company wilL if necessar;. also be a party to the above. The Resulting Company shall, under the provisions of this Scheme. be deemed to be authorized to execute any such writings on behalf of the Dt:merged Company and tl) carry out or perform all such for111alities or compliances referred to above on the part of the Demerged Company to be carried out or performed.

4.3. Without prejudice to the generality of the foregoing, it is clarified that upon this Scheme becoming effective and with effect from the Demerger Appointed Date, all consents, agree111ents. per111 issions. all statutory or regulatory licences, registrations, approvals, certificates, insurance covers. clearances. authorities, powers of attorney given by, issued to or executed in favour of the Delllerged Co111pany in relation to the LSI Unde11aking shall stand transferred to the Resulting Colllpany as if the same were originally givPn by, issued to or executed in favour of the Resulting

0~ i1pany, and the Resulting Co111pany shall be bound by the terms thereof. the obligations and /. ~/~~\:.v 1.,:~~ thereunde1~. and the rig.lits a.nd be1.1efits und.er. the same shall b~ available to the Resulting

(;/·:-... ,·:/') .- .. tA?;;~ 1y. In so. tar as the various 111cent1ves, subs1d1es, schemes, spec1.al status and other benefits /~if '':';o_ .. \ or ~nv1 ges en.1oyed, granted by any ~overnn~ental body, ,local authority, or by any uther person.

(I ~ ·~~'.'._';.~_ .. ~[~a.ii db~ the Delllerge~ Co111pany 1n relat'.on to the LSI Unde11ak1ng are concerned. the same '.\ 1,. r.,.;:;. ...... ~I "vt/st with and be available to the Resulting Co111pany on the sa111e terms and cond1t1ons as '~.\ ~ ._ »~r .. '.< . . ,a~pli~able to the Demerged Company, .as if_ the same had be~n allotted and/ or granted amJ! ur

· :';:.."::'i: • · · ... s~11ct1oned and/ or al lowed to the Resu lt1 ng Colll pany.

4.4. Upon the Effective Date and with effect from the Demerger Appointed Date. I1:! th\.'. n.:solutions. if any. of the Demerged Company which are valid and subsisting on the effectiveL..!ss of this Scheme. shall continue to be valid and subsisting and be considered as the resolutions 01· the Resulting Company to the extent such resolutions pertain to the LSI Undertaking. a11d, if any such resolutions have an upper monetary or any other I im its imposed under the prov is ions of the Act, then the said limits shall apply mutatis mutandis to such resolutions and shall constitute the aggregate of the said lilllits in the Resulting Co111pany.

5. Permits

5. I. All governmental approvals and other consents, registrations, perrn 1s~1ons. quotas. rights. authorisations. scrips, entitlements. no-objection ce11ificates and licenses. approvals, including those relating to tenancies. privileges. powers and facilities of every kind and description of whatsoever nature, to which the Demerged Company is a party or to the benefit uf vvhich the Demerged Company may be entitled to use and which may be 1equired to carry on the operations of the LSI Unde11aking, and which are subsisting or in effect immediately prior to the l'ffectiveness of this Scheme, shall be, and remain. in full force and effect in favour of the Resulting Compan: and may be enforced as fully and effectual!) as iL the Resulting Company had been a party. a beneficiary or an obligee thereto.

5.~. The Resulting Co111pany shall be entitled to undertake and carry out the business pertaining to the LSI Undertaking pursuant to the effectiveness of this Sche111e on its own account. pending the transfer of any approvals and other consents, permissions, registrations, qu1Jtas, rights. authorisations. entitlements. no-objection certificates and I icenses, privileges. powers and fac i I itie~

20

Sl of every kind and description. that may be required under Applicable Law in the 11a111e of the Resulting Company and would be entitled to make any applications, requests and till' like in thi" regard.

6. Employees

6.1. Upon this Sche111e beco111ing effective, the e111ployees of the LSI Unde11aking as on the Effecti\ e Date, if any. shal I be deemed to have become employees of the Resulting Company. without an: interruption of service and on the basis of continuity of service and on the same ter111s and conditions as those applicable to them with reference to the Demerged Company as on the Effective Date. The services of such employees, if any, with the Demerged Company up to the Effective Date shall be taken into account for the purposes of all benefits to which the employees, 111ay be eligible under Applicable Law.

6.2. Upon this Scheme becoming effective, all contributions to funds and schemes in respect of provident fund, employee state insurance contribution, gratuity fund, superannuation fund, staff welfare scheme or any other special schemes or benefits created or existing for the benefit of the employees of the LSI Undertaking, if any, shall be made by the Resulting Company in accordance \\ ith the provisions of such schemes or funds and Applicable Law.

' 6.3. The existing provident fund, employee state i:1surance contribution, gratuity fund. superannuation fund, the staff welfare scheme and any other schemes or benefits created by the Demerged Company for the employees of the LSI Unde11aking, shall be continued on the same terms and conditions and be transferred to the existing provident fund, employee state insurance contributiL111. gratuity fund. superannuation fund. staff welfare scheme, etc., being 111aintained by the Resulting Company without any requirement of any separate act or deed/approval. In relation to the employees of the LSI Undertaking, for whom the Demerged Company is making contributions to the government provident fund, the Resulting Company shall stand substituted for the Demerged Company. for all purposes whatsoever, including relating to the obligation to make .;,rntributio1is to the said fund in accordance with the provisions of such fund, bye laws, etc. in re..,pect or su-:h employees.

6.4. Notwithstanding the provisions of Clauses 6.2 and 6.3 above, it is clarifiecJ. that the assets of the Jubilant Employee Welfare Trust ("JEWT .. ), an existing trust administering welfare benefit schemes for the benefit of the employees of the Demerged Company and its group con1panies. shall

_ be appropriately split and apportioned on the basis of the remuneration of the emplu) ees 1,Gcne1·al ,~ti ·H rnger and above) pe11aining to the LSI Unde11aking being trt.nsferred and a portion ofthe funds

~· .... <>.'<~~o.,\'l Law . ie JEWT along with the u1:derlying obligations in re,lation to employees translerred tll the /1 <:··~ c::,:::i .~.-'Sli. K'tssult Jg Co111pany' shall be transterred to an e111ployee weltare trust to be created bv the Resultllll.'. 1; ·1-\ , 'f,· ~"'S c. "' ._

/ 1 ,t;: ~ ~~L~~~~. ~C&ftipa y and s~1ch employ_ee welfare trust cre~lted by the. Resulting Co1~1pany .shall administer the ;\ \~ \""~~~ e benefit schemes for the employees ot the Resulting Com~~any (including those emplo: ees '., 1,._,,, <;~:~".>.~he emerged Company pertaining to the LSI Undertaking transferred to the Resulting Corn pan: '\~ ~~ ~,,~nt to the demerger contemplated under this Part C of this Scheme) by utilizing the funds

''.~,~~::."'.~:6'.t ·sf"rred from the JEWT. '•. ···--· .--

7. Continuation of Legal Proceedings

7.1. Upon this Scheme becoming effective, legal or other proceedings, if any (including before an) court, statutory or quasi-judicial authority or tribunal), by or against the DernergL·d Corn pan). whether pending on the Demerger Appointed Date. or which may be instituted an) time in the future (irrespective of whether they relate to periods on or prior to the Demerger Appointed Date) and in each case relating to the LSI Undertaking ("Demerger Proceeding(sr) shall be continued and enforced by or against the Resulting Company after the Effective Date. to the c:-.:tent leg.all: permissible. To the extent such Demerger Proceedings cann~t be taken over by the Resulting Co111pany. such proceedings shall be pursued by the Demerged Company as per the instructions llr

and entirely at the costs and expenses of the Resulting Company.

7.2. If an) De merger Pr(iceedings an: initiated or carried on against the Dernerged Com pan) in n.~spcu of the matters referred to in Clause 7.1 above, it shall defend the same in accordance" ith the ad\ ice of the Resulting Company and at the cost of the Resulting Company, and the latter shall reimburse. indemnify and hold harmless the Demerged Company against all liabilitic:s and obligations incurn:d by the Demerged Company in respect thereof.

7.3. If any Dernerger Proceeding(s) is/ are pending, the same shall not abate, be discontinued or in any way be prejudicially affected by reason of this Scheme and the proceedings may be continued. prosecuted and enforced, by or against the Resulting Company in the same manner and to the same extent as they would or might have been continued. prosecuted and enforced by or against the Demerged Company, as if this Scheme had not been made.

21

:}j <") __

I4. Any difference or difficulty as to whether any specific legal or other proceedings relates to the LSI Undertaking, shall be mutually decided between the Board of Directors of the Demerged Com pan: and the Resulting Company and such mutual decision shall be conclusive and binding on the Demerged Company and the Resulting Company.

8. Treatment of taxes

8.1. Upon the Effective Date and with effect from the Demerger Appointed Date, all taxes and duties payable by the Demerged Company (including under the IT Act, Customs Act, 1962, Central Excise Act, 1944, state sales tax laws, Central Sales Tax Act, 1956, value added tax/ sales tax. service tax. goods and services tax laws, foreign trade policy and all other Applicable Laws), accruing and relating to the LSI Undertaking from the Demerger Appointed Date onwards. including but not I im ited to tax deducted at source, tax credits, advance taxes aqd deposits, minim um a Item ate ta:\. credits, any refund and claims shall, for all purposes, be treated as tax deducted at source or refunds and claims, advance taxes and deposits, minimum alternate tax credits. as the case Ill<!) be, uf th.: Resulting Company.

8.2. Upon the Effective Date, all unutilized credits and exemptions, benefit of car~ .. ·d for\\ard losses' unabsorbed depreciation and other statutory benefits, including in respect ot income ta.-.. (inc I ud i ng but not I im ited to tax deducted at source, tax collected at source, advance tax, minim um alternate tax credit etc.), cenvat, customs, value added tax, sales tax, sen ice tax, goods and services tax etc. relating to the LSI Undertaking to which the Demerged Company is entitled to shall be available to and vest in the Resulting Company, without any requirement of any further act or deed.

8.3. Upon the Effective Date, the Demerged Company and the Resulting Company are permitted to revise and file their respective income tax returns, withholding tax returns, including tax deducted at source certificates, sales tax/value added tax returns, service tax returns, GST returns and other tax returns for the period commencing on and from the Demerger Appointed Date. and to claim refunds/credits. pursuant to the provisions of this Scheme.

' 8 .4. The Board of Directors of the Demerged Company and the Resulting Company sh al I be em powered to determine if any specific ta.x liability or any tax proceeding relates to the LSI Undertaking and whether the same would be transferred to the Resulting Company.

8.5. Upon the Effective Date, any tax deposited, certificates issued or returns filed by the Demerged Company relating to the LSI Undertaking shall continue to hold good as if such umounts wen:

~ted, ce11iticates were issued and returns were filed by the Resulting Company. oi~\m-~ 31 r,,i/i~

/i~§f''~ L~~l~~~e. nses incurred by the Demerged Company and the Resulting Company in relation to the f~Q 8~ .<Eem~~r \V the LSI Undertaking, including stamp duty expenses, if any, shall be allowed as if~~ t~;~/, ~~ tp the Demerged Company and the Resulting Company in accordance with Section 35DD \\ 'i rr~~\ ~~1e ~ T Net over a period of 5 years beginning with the previous year in which this Scheme

'\ -,.. ' f"',.J \\ "{.;,,. ~t. ·~ffective. · '"' • ~c.?. ~ ""\:, /

·~-i'..i~~~"."refund under the tax laws due to the Demerged Company pe11aining to the LSI Undertaking consequent to the assessments rnaue on the De merged Company and for \\ h icil no credit i~ taken in the accounts as on the date immediately preceding the Deme14ger Appointed Date shall belong tu and be received by the Resulting Company. The relevant authorities shJll be bound tu transfer 1,1 the account ofaml give credit for the same to the Resulting Company upon the passing ,1fthe mders on this Scheme by the NCL T upon relevant proof and documents being provided to the said authorities.

8.8. The Demerged Company may be entitled to various incentive schemes and pursuant to this Scheme. it is declared that the benefits under all such schemes and policies pertaining to the LSI Undertaking shall stand transferred to and vested in the Rtsulting Company and all benefits, entitlements and incentives of any nature whatsoever including benefits and refund claims under the income ta:-... excise duty, sales tax, value added tax, service tax, goods and services tax, exemptions. concessions. remissions, subsidies and other incentives in relation to the LSI Undertaking, to the extent statutorily available, shall be claimed by the Resulting Company.

9. Saving of concluded transactions

9: I. The transfer of Assets and Liabilities to, and the continuance of proceedings by ur against. the Resulting Company as envisaged in this P..1rt C shall not aff~ct any transaction or proceedings already concluded by the Demerged Company on or before the Demerger Appointed Date and alter the Demerger Appointed Date till the effectiYeness of this Scheme, to the encl and intent that the Resulting Company accepts and adopts all acts, deeds and things done and executed b) the

')') '--

Demerged Company in respect thereto as done and executed on behalf of itself. J3 10. Conduct of Business

I 0.1. Subject to the effectiveness of this Scheme, with effect from the Demerger Ap~Jinted Date and up to and incll•ding the Effective Date:

( i) the De merged Company undertakes to carry on and sh al I be deemed to carry on al I businesses and activities and stand possessed of the Assets of the LSI Undertaking. ti.x and on account of and in trust for the Resulting Company; and '

(ii) all income, receipts. profits accruing to the Demerged Company and attributabk to the LSI Undertaking and all taxes thereon or Liabilities or losses arising or incurred by it with respect to the LSI Undertaking shall, for all purposes, be treated as and deemed to be the income. expenses, payments, profits. Liabilities, taxes or losses, as the case may be, of the Resulting Company.

10.2. Subject to the effectiveness of this Scheme, with effect from the date of approval of this Scheme by the Board of Directors of the Demerged Company and the Resulting Company, and up to and including the Effective Date, the Dernerged Company shall carry on the business of the LSI Undertaking with reasonable diligence and business prudence and in the same manner as it had been doing hitherto.

I 0.3. rhe Resulting Company shall also be entitled, pending the effectiveness of this Scheme, to apply to the central government. state government. and all other agencies. depart111ents and statutory authorities concerned. wherever necessary, for such consents, appro\als and sanctiu11s v,hich the Resulting Company may require including thl.' registration. apJfrovals. exe111ptions. reliefs. etc.. a~ 111ay be required/granted under any Applicable Law for carrying on the busines:-, of the LSI Undertaking.

1 OA. It is hereby clarified that if any Assets (including but not limited to any estate. rights. title. interest in or author;ties relating to such Assets) which the Demerged Company owns. any Liabilities andi or any contract. deeds. bonds, agreements. schemes, arrangements or other instruments uf whatsoever nature ("Contracts") in relation to the LSI Undertaking to which the Demerged Company is a party. have not been transferred to the Resulting Company, the Demerged Company shall holC.: such Asset, Liabilities and/ or Contracts, as the case may be, in trust for the benefit of the Resulting Company till the time such Assets, Liabilities and/ or Contracts are duly transferred

~~:::.:::,.:::::::its... he Resulting Company and to this end, the Demerged Company shall render all necessary /~~,;~qL;:t'~ 1ce to and fully cooperate with, the Resulting Company ':ith respect to such Assets, IZ~ v<:S~~ .~. ~ ti\ 1 es and/ or Contracts for the purposes of transfer to the Resulting Company.

f( g- ('-\\: ~ _\, %/ [! -~ 18;5~"1\~s otherwise specified in this Scheme, ifthere are any assets, liabilities, contracts. properties. '\ 1- (~:~er~,ic-~s';and/ or resources which are utilized by the LSI Unde11aking and the Residual Undertaking \\ •ii ,_ ··• ~xh)ph are shared between or are common to both the afcfresaid undertakings, the Board ,1f '<.~·~;;;;;~'~:>.~tors of the Companies shall be empowered to take appropriate decisions for allocation of such ~~ared/ common assets. liabilities, contracts. prope11ies. services and/ or resources and the

Companies shall be permitted to enter into appropriate arrangements for the continued utilizatiun of such common/ shared assets. liabilities, contracts, properties, services and/ or resources. as the case may be. upon mutually agreed terms.

11. Issue of Demerger Shares

I I. I. The Resulting Company shall have taken all necessary steps, including by way of passing all enabling corporate resolutions to increase or alter, to the extent required, its authorized share capital suitably so as to enable it to issue and allot the Demerger Shares and if applicable, for the issuance of the necessary share certificates and/or letters of allotment representing the Demerger Shares.

11.2. Upon this Scheme becoming effective. the shares of the Resulting Company held by the Demerged Company shall, \vithout any further application. act. instrument or deed. be auto111atically cancelled and be of no effect on and from the Effective Date. Simultaneously and concu1Tent \\ ith ~uch cancellation. the Resulting Company shall. without any requifement of an>-. .Ju11her act or deed. issue and allot the Demerger Shares such that for e\ery 1 (One only) fully paid 'up equit: slime:-, ur R':. I/- (Rupee One only) each of the Deme··ged Company held by the shareh~,lders oft he Dernerged Company as on the Demerger Record Date. 1 (One only) Dernerger Shares shall Ile issued am! alloned by the Resulting Company. free from all liens. charges. equitable interests. encumbrances and other third pa11y rights of any nature whatsoever, to each shareholder of the Demerged Company whose name is recorded in the register of members of the Demergt:d Company as holding shares as of the Demerger Record Date. Provided however that, the number of Demerger Shares

')-. ...,)

L~L' will be equitably adjusted to reflect appropriately the effect of any share split reverse share split. dividend, including any extra-ordinary cash dividend, reorganizatiun. recapitalization. reclassification. combination. exchange of shares, or other like change with respect to the Resulting Comp2•1y's shares on the books of the Resulting Company as OJ1 the Demerger Record Date.

I 1.3. Any fractional entitlement arising out of the issue and allotment of the Demerger Shares pursuant to Clause 11.2 above, shall be rounded up to the previous whole integer and capped at shares held by shareholders of Demerged Company and be issued free from all liens. charges, equitable interests, encumbrances and other third party rights of any nature whatsoever.

11.4. The Demerger Shares shall be subject to the memorandum and articles of association of the Resulting Company and shall rank pari passu in all respects, including dividend, with the existing shares of the Resulting Company.

11.5. The issue and allotment of the Demerger Shares by the Resulting Company to the shareholders of the Demerged Company as provided in this Scheme is an integral part thereof and shall be deemed to have been carried out as if the procedure laid down under Section 62 read with Section 42 of the Act and any other applicable provisions of the Act were duly complied with.

11.6. The Dernerger Shares to be issued to the shareholders of the Demerged Com pan: shall be is~u.:d in compliance with applicable laws and all details relating tQ such shareholders shall be made available to the Resulting Company.

11.7. Approval of this Scheme by the shareholders of the Resulting Company shall be deemed to 111ea11 that the sh2.reholders have also accorded all relevant consents under the Act for the issue and allotment of Demerger Shares by the Resulting Company to the shareholders of the Demerged Co111pan:.

11.8. The Demerger Shares to be issued by the Res1ilting Company, in terms of Clause I 1.2 above \\ i II. subject to approval/ exemption from SEBI, be listed and/or admitted to trading on the Stock Exchanges where the equity shares of the Demerged Company are listed and/or admitted to trading in terms of Rule 19(7) of the Securities Contract (Regulation) Rules. 1957 and other applicable rules/ regulations. The Resulting Company shall enter into such arrangements and give such confirmations and/or undertakings as may be necessary in accordance with the Applicable Law~ for complying with the formalities of the Stock Exchanges. On such formalities being fulfilled the Stock Exchanges shall list and /or admit su;;h equity shares for the purpose of trading.

~~}~emerger Shares allotted pursuant to this Scheme shall ren1.ain frozen in the depo~itory systenl £:·ic·'~,,-y;_,1\Y La,t(~~lngl trading permission is gi\ en by the designated stock exchange (/'( <J ~., '0 " J Ft~- t'1~:1 .. ~ ,[h'V<a1) ellation of the equity share capital as per Clause : 1.2 above and the consequential capital ',\ ~ -.. ,. 1~c ... icj)1 shall be effected as a part Llf this Scheme itself and not under a separate prncedun: 111

~" ~- --v~:'-terms dt Section 66 of the Act. The consent of the shareholders of the Resulting Co111pan\ to th 1s .,., ~· ;'\~ ... . , -Scb'e1~1e shall be deemed to be the consent of its shareholders for the purpose ot' effecting the

· ... · · .. :redi;ction under the provisions of Section 66 of the Act and no further compliances \vould be -- . -- ·_. s~parately required.

11.11. The reduction of capital of the Resulting Company, as above, does not invol'"'::. any diminution of I iability in respect of any unpaid share capital or payment to any shareholder c 1. any paid-up share capital or payment in any other form. -

11.12. Notwithstanding the reduction of the existing share capital of the Resulting Company in terms of Clause 11.2 above. the Resulting Company shall not be required to add "'and reduces· as a sufli:-. to its name.

' 11.13. Except for the issuance of the Demerger Shares by the Resulting Company pursuant t,J Clause I I ~ above. there shall be no change in the shareholding pattern of the Resulting Com pan; between the Demerger Record Date and the I isling of the Demerger Shares.

12. Residual Undertaking of the De merged Company

12.1. The Resulting Company shall have no right, claim or obligation in relation to the Residual Unde11aking and all assets, liabilities, rights, title, interest or obligations thereto.

11 .2. All legal, taxation and other proceedings whether civil or criminal (including before any court. statutory or quasi-judicial authority or tribunal) by or against the Demerged Compan) under an) statute, whether pending on the effectiveness of this Scheme or which may be instituted at any time thereafter, and in each case pertaining to the Residual Unde11aking shall be continued and enforced

2-t

r 3~

by or against the Demerged Company after the effectiveness of this Schellle. Thi.: Resulting Company shall in no event be responsible or liable in relation to any such legal or other pro..:eeding against the Delllerged Com pan).

12.3. Without prejudice to this Sche111e, with effect from and beyond the effectiveness of this Scheme. the Delllerged Company: (i) shall be deemed to have been carrying on and to be carrying on all the business and activities

relating to the Residual Undertaking for and on its own behalf; and

(ii) all profits accruing to the Demerged Company thereon or losses arising or incurred by it relating to the Residual Unde11aking shall for all purposes be treated as the profits or losses. as the case may be, of the De merged Corn pany.

13. Accounting treatment in the books of the Demerged Company

13. I. Upon Part C of this Scheme coming into eff~ct on the Effective Date. and with effect frolll the Delllerger Appointed Date, the Demerged Colllpany shall acco~mt for the delllerger and vesting of the LSI Unde11aking with the Resulting Company in its books of accounts in accordance with the 1 ndian Accounting Standards (Ind-AS) prescribed under Section 13 3 of the Act. as notified under the Companies (Indian Accounting Standard) Rules, 2015, as lllay be amended from time to time and other generally accepted accounting principles in India as under:

(i) the Demerged Company shall reduce the book values of assets and liabilities of the LSI Undertaking as at the close of business on the day immediately preceding the Demerger Appointed Date in its books of accou'Hs; and

(ii) Upon Part C of this Scheme coming into effect on the Effective Date, the Demerged Company shall make an adjustment equal to the book values of the LSI Undertaking as per Clause 13. l(i) above, first in the Securities Premium to tLe extent available, thereafter in the General Reserve to the extent available and residual balance, if any, in the Retained Earnings under the head "Other Equity".

14. Accounting treatment in the books of the Resulting Company '

I.+. I. Upon Pan C of this Scheme i.:0111ing into effect on the Effective Date and"\1,ith ;;;!feet frurn the Demerge1 Appointed Date, the Resulting Company shall account for the dern..:rger and vesting of the LSI Unde11aking with the Resulting Company in its books of accounts -,n acc1.xdance \\ ith the

~ f<rr'· Indian Acco~mting ~tandards (11:d-AS) prescribed under Section 133 of the Act, _as no~ified under _;{( ~Y_,'.~µ~a"v <i ~Y/.l' 1e Companies (Indian Accounting Standard) Rules, 2015, as may be amended from t11ne to time

/' f::.;.i"t; ru , -~ ..,~ ,...-~ ot 1er genera y accepte account mg prrnc1p es 111 n ra as un er: '/.:{'-,,, "~ ". !....:, ·~~-~~ I II d ~ . . . I . I d' d ·f ~ •11 . ~· ,.. _. :\ ~ ~2;~~{ ~)

1 Th~ Resulting Co1~pany shall record the A:ssets and Liabilities of.the .LSI Undenaki!1g vested

* * (~-~2;1 .,. - • 111 1t pursuant to this Scheme at the respective book values appearing 111 the booi.-s ot ai.:counts · ·;,,, _"' : .::{~c '°I of the Demerged Company:

·'I . " · ... ·-.

(ii) The Resulting Company shall credit its share capital account with the aggregate face value of the Demerger Shares issued by it to the shareholders of the Demerged Company~

(iii) The difference between Clauses 14. l(i) and 14. l(ii) above shall be recorded within "Other Equity" of the Resulting Company.

15. Utilization of balance of Securities Premium Account of the Demerged Company

15.1. The utilization of Securities Premium Account referred to in clause 13.l (ii) of Part C of this Scheme, being consequential in nature. is proposed to be affected as an integral part oi'this Scheme. The approval of the shareholders and creditors of the Demerged Company to this Scheme <;hall be deemed to be their approval under the provisions of Section 52 read with Section 6(J and all other applicable provisions of the Act and the Demerged Company shall not be required to undertake an; separate proceedings/ compliances for the same. The order of the Tribunal sanctioning this Scheme shall in view of explanation to section 66 of the Act be sufficient and not requiring a separate order under Section 66(3) of the Act. Accordingly. the Demerged Company shall not be required to separately comply with Section 52 read with Section 66 or any other pro\ ision~ of Act. The Demerged Company shall not be required to add ''and reduced" as a suffix to its name.

25

=~~ ~---

PARTD -~b

GENERAL TERMS AND CONDITIONS

1. Application to the NCLT

1.1 Each of the Companies shall jointly make the requisite company applications/ petitions under Sections 230 to 232 and other applicable provisions of the Act to the NCLT for seeking sanction of this Scheme and all matters ancillary or incidental thereto, as may be necessary to give effect to

the terms of this Scheme. '

2. Modification or Amendment to this Scheme

2.1. Each of the Companies (acting through their respective Board) ma), in their ful 1 and absolute discretion, assent to any amendments, alterations or modifications to this Schern1:, in part or in whole. which the NCL T and/or any other authorities may deem fit to direct, approve or impose l1r which may otherwise be considered necessary or desirable for settling any question or doubt ur difficulty that may arise for implementing and/or carrying out this Scheme, including an:individual part thereof, or if the Board of Directors are of the view that the ~lming into effect l)f this Scheme, in part or in whole, in terms of the provisions of this Scheme. coL·ld ha'e an ad\erse itr.plication on all or any of the Companies. Each of the Companies (acting t1;rough their respecti' e Board) be and are hereby authorized to take such steps and do all acts, deeds and things, as ma) be necessary, desirable or proper to give effoct to this Scheme, in pa11 or in whole and tu resolve an) doubts, difficulties or questions whether by n~ason of the order of the NCLT or of an: directi\e ur orders of any other authorities or otherwise howsoever arising out of. und.:r or by 'irtue of th 1s

Scheme and/or any matters concerning or connected therewith and may also in their full and absolute discretion. withdraw or abandon this Scheme. or any ~1dividual part thereof. at an: stage prior to the effectiveness of this Scheme.

2.2. If any pai1 of this Scheme is held invalid, ruled illegal by any court of competent jurisdiction. lll' becomes unenforceable for any reason, whatsoever, whether under present or future laws. then it is the in.ention of the Companies that such part shall b<> severable from the remainder of this Scheme

~~ and this Scheme shall not be affected thereby, unless the deletion of such part shall cause this ~~ '31/~ Scheme to become materially adverse to either of the Companies in which case the Companies

~w<::,~~a.1. 1Y la*}'~ 1all atte~npt to brin.g a~out a mo?ification i~ this ~cheme, as "'.ill.best preserve for the Companies 1s.~'fj(j 9~ \ t benettts and obligations of this Scheme, 1nclud1ng but not limited to such pa11.

\\ ·~ l,~i ~huence of coming into effect of this Scheme \ ~ ~ ... ·. * ....... ,,.~ \.t /~~~~he following shall be deemed to have occurred and become effective and opera ti\ e only in the

''<·~-:11/anCJba~:'· sequence and in the order mentioned hereunder: .... ~

(i) Part B akrng "' ith this Pa11 D of this Scheme (to the extent this Part D relates to Part 8 of this Scheme) shall take effect from the Effective Date and be llperative prior to rnming. into effect of Part C of this Scheme. It is hereby clarified that the Board of Directors of' the lransti:rnr Companies and the Transferee Company, respectively. may decide to implement Part B llr this Scheme in phases to give effect to the intent of the Scheme and

(ii) Pa11 C along with this Part D of this Scheme (to the extent this Part D relates to Part C of this Scheme) shall take effect from the Effective Date and be operati\ e irnmediatel) a her coming into effect of Pa11 B of this Scheme.

4. Revocation and Withdrawal of this Scheme 4.1. Each of the Companies acting through their respective Board of Directors shall be at libert: to

withdraw this Scheme.

4.2. In the event of revocation under Clause 4.1 of this Part D of this Scheme above, no rights and liabilities whatsoever shall accrue to or be incurred inter se to the Companies or their respective shareholders or creditors or employees or any other person save and except in respect of any act or deed done prior thereto as is contemplated hereunder or as to any right, liability or obligation which has arisen or accrued pursuant thereto and which shall be gover~ed a;1d be preserved ,1r \vorked uut in accordance with the Applicable Laws.

"1.3. In the event of revocation under Clause 4.1 of this Part D of this Scheme above, the Companies shall take all necessary steps to withdraw this Scheme from the NCL T and any other authority and to make all necessary filings/ application as may be required to withdraw this Scherne.

26

5. Costs, charges and expenses __ 31-5.1. Except as otherwise expressly provided in this Scheme, all costs. charges and expenses (including

stamp duty. registration charges and statutory amounts) arising out of or in connecti1)n with the amalgamations contemplated under Par1 B of this Scheme shall be borne by the Promuters.

5.2. All costs, charges and expenses (including stamp duty. registrafion charges and statutmy amounts) arising out of or in connection '-~ ith the demerger contemplated under Part C of this Scheme shall be borne in equal proportion by the Demerged Company and the Resulting, Con~":lny. respecti\ dy.

6. Indemnification

6.1. Notwithstanding anything to th<: contrary, the Promoters of the Transferee Company shall fully indemnify the Transferee Company and keep the Transferee Company indt:mnified for liabilit;.. claim, demand, if any, of past. present and future and which may devolve on the Transferee Company on account of the amalgamations contemplated under Part B of this Scheme.

7. Dividend

7.1. Notwithstanding anything contained in this Scheme, the Companies shall be entitled to declare. distrib.1te and pay dividend. whether interim or final. to their respective shareholders prior to the effectiveness of this Scheme in accordance with Applicable Laws.

8. Compliance with Applicable Laws

8.1. The Companies undertake to comply with all Applicable Laws (including all applicabk compliances required by SEBI and the Stock Exchanges and under the Foreign Exchange Management Act. 1999 and the rules, regulations and guidelines issued thereunder as may be prescribed by the Reserve Bank of India, from time to time) including making the requisite intimations and disclosures to any statutory or regulatory authority and obtaining the requisite consent, approval or permission of any statutory or regulatory authority, which by App I icable La\\ may be required for the implementation of this Scheme or which by Applicable La\\ ma: be required in relation to any matters connected with this Scheme.

8.2. Since the Transferee Company/ Demerged Company is a listed company, this Scheme is subject tu ·::=::-..... the compliances of the applicable requirements under the SEBI Listing Regulations. SEBI Circular

,,4~~~9 all other statutory directives of SEBL as applicable. !/'/~;:..· ~?>t1Y La11' ~"'& ~

/fi}; ...... c!Y~ f~ ~~ra' (b) ()f Annexure l of the SEB.I Circul.ar is ap.plicable to this ~cheme. therefore tl11: I ransfon:e !Ir;;. g. 'i\~~~ · ny/ Demerged Company will provide vot111g by the public shareholders through e-\ l)t1ng \.\ ~ ~~· ~ilq. 'f}ill disclose all material facts in the explanatory statemlnt. to be sent to the shareholders! ·.\ -t-il: -~ ·~·edlfors in relation to the said resolution(s). This Scheme shall be acted upon only if the numbl"..'r ·\~ ~·i~~ '.:;.otyotes cast by the pub I ic share ho Ide rs of the Transferee Company/ Demerged Com pan) in Li\ our '"-~~,~~~:-00~:(;f'this Scheme are more than the number of votes cast by the public shareholders against it in terms

------ ofthe SEBl Circular.

8.4. The Transferee Company/ Demerged Company is in compliance with minimum pubic shareholding requirements on a fully diluted basis.

9. Compliance with Tax Laws

9.1. This Scheme complies with the conditions relating to ''amalgamation'' and "demerger" as defined under Sections 2( I B) and 2( l 9AA) of the IT Act, respectively, and other relevant sections and provisions of the IT Act are intended to apply accordingly. If any terms or provisions of this Scheme are found to be or interpreted to be incom:istent with any of the said provisions (including the conditions set out therein) at a later date whether as a result of a new enactment or any amcndmc1ll or coming into force of any provision of the IT Act or any other Applicable Law or any judicial ur executive interpretation or for any other reason whatsoever. tll'is Scheme may be muditicd tn th.: extent required with the consent of each of the Companies (act:ng through their respecti\ e 13uard of Directors) to ensure compliance of this Scheme with such provisions.

10. Change or name of the Demerged Company

I 0.1. Upon this Scheme becoming effective and in accordance v. ith the provi~ion of the Rule 8A( I)(") of the Companies (Incorporation) Rules, 2014, without any further act. insl!:urnent m deed. the name of the De merged Company sh al I be changed to "'Jubilun1 Pharnwceuticu 's Li111 i1ecf' or sue h other name as may be decided by the Boarrl or Directors of the Dernerged Company and apprm eel by the concerned juisdictional Registrar of Companies. Further. the name ··.Juhi/unt Life Scienn's Limited' wherever it occurs in the memorandum of association and a11icles or assoL·iation or the

27

Demerged Company shall be substituted by such name. 3~ 10.2. The Demerged Company shall not be required to add its fornter name as a suftix. to its changed

name pursuant to the change in the name of the Demerged Company in terms of Clause I 0.1 of Part D of this Scheme above.

11. Change of name of the Resulting Company

11.1. Upon this Scheme becoming effective and in accordance with the provision of the Rule 8A( 1 )(\\) of the Companies (Incorporation) Rules, 2014, without any further act, instrument or deed. the name of the Resulting Company shall be changed to "Jubilant Life Sciences Limited' or such other name as may be decided by the Board of Directors of the Resulting Company and approved by the concerned jurisdictional Registrar of Companies. Further, the name "Jubilant LSI Limiti:cr wherever it occurs in the memorandum of association and articles of association of the Resulting Company shall be substituted by such name.

11.2. The Board of Directors and the shareholders of the Demerged Company shall lhlt have an> objection to the adoption and use of the name '·J11bilw1t Life Sciences Limited' or any 111oditicati,111 or alteration of such name in the Resulting Company pursuant to this Scheme.

' 11.3. The Resulting Company shall not be required to add its former name as a suffix. tu its changed 11a111c pursuant to the change in the na111e of the Resulting Company in terms of Clause 11.1 Llf Part D L>!'

this Scheme above.

12. Alteration to the Memorandum of Association of the Demerged Company and the Resulting Company

12.1. under the accepted principle of ·single window clearance·, it is hereby provided that the change in the name clause of the Demerged Company and the Resulting Company, respectively. pursuant to Clauses 10 and 11 of Part D of this Scheme and the change in the capital clause of the Demerged Company pursuant to Clause 13 of Part B of this Scheme, shall become operative upon this Scheme becorn ing effective by virtue of the fact that the shareholders of the Demerged Company and the Resulting Company. while approving this Scheme as a whole, have also resolved and accorded the relevant consents as required respectively under Sections 13 and 61 of the Act and Section 232 cif

/~ the Act or any other provisions of the Act. and there shall not be a requirement to pass separate

~/-,;\\ \~\'4LJT~~~~esolutions as required under the Act.

~c:. "'-01:'1 aw I:.:..- •·. , ~" 'lo .

·/!};...§ ~{1~.2. ~ ~ a~proval and consent of this Scheme by t.he shareholders of the Demerged _Com!Jany and the !\ r.;: ~ \\~\..~J[ilt111g ~omp:ny shall be deemed to be tl~e1r approval and consent by way of special resolution \\ ·~ ~·' funt'ler Section 1_, of the Act for the change 111 name of the Demerged Company and the Result111g '..\ 1' ~" •'""' ~~ ..... ~mpany and for the change in the capital clause of the Demerged Company as CLrntemplated

'·'0.. • ~CTTFW~ \)~erein and shall be deemed to be sufficient for the purpose of effecting the amendments in the "'-'.:.~ memorandum of association and articles of association, as applicable, of the Demerged Com pan:

and the Resulting Company in relation to the change in name of the Demerged Company and the Resulting Company and in relation to the change in the capital clause of the Demergcd Corn pan: in accordance with Sections 13, 1-L 61, 64 and any other applicable provisions of the Act. The sanction of this Scheme by the NCL T shall be deemed and no further resolution(s) would be required to be separately passed to be in compliance of Sections 4, 13, 14. 61. 64 and an) other applicable provisions of the Act for the purpose of effecting the chrnge in the name of tlie Demerged Company and the Resulting Company and the change in the capital ..:lause of the Demerged Company.

12.3. Clause V of the memorandum of associati0n of the De111ergeq Company shall ~ta11d a111endcd ll1

give effect to the relevant provisions of this Scheme.

12.4. The approval and consent of the shareholders of the Demerged Compan) and the Resulting. Company to this Scheme shall be deemed to be their approval and consent also to the alteration (1r

the memorandum of association and articles of association of the Demerged Company and the Resulting Company. as required under Sections 13. 14, 6 L 64 and any other applicable proYisions of the Act.

28

'i. ~ _q ~ SCHEDULE I

1. List of Immovable Properties pertaining to the LSI Undertaking as on November 22, 2019

(I) Maharashtra

(a) Ambernath- Distt. Thane Maharashtra (Lease Hold)

s. Location Lease Date of Deed Plot Area '

No. Deed No. (Sq. I

I No. Mt rs) i

I. \ MlDC Area Arnbernath I

1364 24.05.2005 N-34 11969.00 i

Maharashtra Permission by MIDC for I

JLL 10.10.2014, ..., MIDC Area Arnbernath 2224 26.08.2004Pennission by B-34 2017.50

Maharashtra MIDC for JLL I 0. 10.2014 i

rogerher with all structures thereon.

(b) Nira, Nimbut and Gulunche Distt Pune Maharashtra (Free hold)

s. Village GATNo. Area in Sq. Registry Date of Remarks

No. where /Hissa No. Mtr. no. Registration situate

I Nim but 20/1 35800 3173/2002 26/06/2002 Purchased b) Mr. S.N. Singh vi de doc. No. 3465. Mutated in the

fl~~ ~~ ~'\ \.3W Tr/ 9.?> lb

:::::- "".1• ~ : -..... p~ '

; I r::r- 3 .. ~.·:: ~-· ~ , ,.::- ::\' ., .. .,, A:. : \ ~'·-ro . \,.-<{_s:,,... ., 1\\..--::;. ""\~·;_:j I

\ ~ C/~ ~ "'~ ,,.

,\.. 'V :-·-...~· ,~--;§'~ ' • ~ -f>.V'~ ·.~ ____ :::::---

\ ~a11ne ot~. rv!r. '1

' S.N. S111g.h ·

:\ vidc no. 2915

20/2 35800 Purchased b\ Mr. S.K S ing.h \id\;'

. ~ doc. No. 3466. ' i~ .c /; ~ c_'-:'// Mutated in the ! ~&;;,

..... ,Name of.Mr.i ~/"/ , \ S.N. S1m?.11 [

- 1 vide no. 2916 . 71600

2 I Nimbut 20/3 26400 3172/2002 26/06/2002 Purchased b, :

I • I

Mr. V 8 Borse I

' vide doc. '\l1 3464. Mutated i

in the Name of i Mr. V.B.

' l3orse v ide nu. 2914

--~--

3 Gulunche 73 14700 95 16/02/200 I -,....__.. 4 I Gulunche 73 14700 3017 13/12/2000 Mutated in the

name of Seller vide entry no. 905

5 Gu lunche 126 14000 3019 13/12/2000 Mutated in the name of Seller

~ vide entry nu. 1436

Gulunche 126 14000 3020 13/12/2000 Mutated in the

I

name of Seller 'ide entr) no.

I 14J6 7 Gulunche \ 126 14000 I 3021 13/12/2000 Mutated in the

I name of Selle1· I i

I

\ I i I v1dc cntr; 1ll1. ' ' 1436

8 Shivtakrar 32K/4K 4600 1996 30/09/1999 Purchased Q\

I ---~~---

29

s. No.

Village where situate

GAT No. I Area in Sq. /Hissa No. Mtr.

Registry no.

Date of Registration

40 Remarks

I I . Nira 131 Ail/\/\ 17400 I I Polychem 31A/1/l/2 1800 through

9

10

Shivtakrar i , Nira

N irn but

Nim but Nim but

Nim but Nim but

11 I Nimbut 12 INimbut

32A/4C/3/ 4/lA 25/2 & 26/2 & 27/2 & 32/2

24 22

3900

99451 19121 23067

1994 )0/0911999

1664 05-07-1999

1664 05-07-1999 1664 05-07-1999

1664 05-07-1999 1664 05-07-1999

1664 05-07-1999 1664 05-07-1999

conveyance deeds dt. 10.05.1990 -

Mutation 111

the name or Polychem b:

1

111 u tat ion en tr) I no. 4911 ·

Mutation in the name or Polychern b:

L J mutation entr) ~· 4910

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I, - Polychem b; 1 mutation entr\

no. 5125 ----1

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1664 05-07-1999

the name of Polychem b: mutation entry no.5126

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I I

1 111u~ation en11-; : 1 no. 5122 1

l 9 I N imbut I 28 77497 l 664 .,DS-07-1999 Mutation inl I (

1 the name n!' II

Polychem b) 111 utation ent1) no. 5127

20 I Nimbut 45/1 114900

45/2

1664

30

05-07-1999 Mutation 111

the name of

s. No.

Village where situate

GAT No. / Area in Sq. / Registry /Hissa No. Mtr. no.

45/3

Date of Registration

41 Remarks l

Polychem b) mutation entn i • I no. 8229 1

114900 21 I Nimbut 23*** 3600 1664 J0/09/1999 I --~-1

i-]2 i Nirnbut 25/1 1000 659 11.02.2004 i ______ .__, 23 1! Nira 32A/4C/3/ 1400 626 07.03.2000 ...... I '

MlB , 24 N ira 32A/4C/3/ 200 628 07 .03 .2000 _ I

4/lA/l

25 I Nira

26 I Nira

27 I Nimbut

4C/3/4/1A I 100 /2

32B I 400

26/1 1033

~8 I Nimbut I I I - I 2002 27/1

I

627 07.03.2000

21 03.01.2002

543/18 14.05.2018

544/J 8 14.05.2018

. ---, 29 I N;mbut

1

27/1 13003 1702612009 127.\0.2009 I ____ l

1oge1her with u!I srructures thereon.

(II) Uttar Pradesh

(a) Noida, Uttar Pradesh (Lease Hold)

----~ Location I Lease Deed I

Date of Deed I Plot No. I Area No. (Sq.

_,~'<l. :11f6~. //& \: l'w

//~. #'1 0 '"'6 (/ ~ ~9. ,,,,. . ,. . <1L \\ I I .. &

/1""' ,o ,;~ i~ · 1\ I I 11.·.- ) .';-~"-·;.":I

Mt rs I A Sector- l 6A, I 683. 3650, I 16.02.2096, 23.12.2000, IA i 4028

;1 i-.'-co ""~·:~"'~ ! ,_. - "'". ~°".'\' Nnirln i \ n - )'!. 'J 1.,0.! I . ·?, ···'/'.·.' \.,'f§<.C'---,,---'----------'---------'----------------'-------~----~ \ '-0 ' • i t•' '4\ I

'694 & 949 27.07.0 l & 07.04.01 '1,t · ·· 1;:,.• c<-'I,

\ • ·::;;r;;<,0'?,. · .• f6>? Bhartiagram Gajraula Distt. Amroha - Uttar Pradesh (Le~se Hold) lJ. "'I \.01.....~' 1\~l;;.~:(1:..~.:.-/

'~=--;:::./ s. Location Lease Deed Date of Deed .

Plot No. No. No. l. LPSIDC 198/04 January 9, A-4/2 (Old A-4)

l ndustrial 2004 Area-IL Supplementary Gajraula, Lease Deed on

1 Distt. October 5, / Amroha 2017

1 I UPSIDC Allotted on Execution & D-1 Industrial 25.08.2005 registration of Area-II, Lease deed-Gajraula, Pending Distt. Amroha

together with all structures thereon.

(c) Gajraula Distt. Amroha - Uttar Pradesh (Free Holcl)

Area I

(Sq. Mtrs) I

157509 I

I I 2, 171 ;

I I

I I

I I

1. Pieces and parcels of land ad measuring 90124.20 situated in the revenue estate of Villages Naipura Khader. Tehsil Tehsil Dhanora. District - Amroha). Uttar Pradesh.

31

Location s. No.

I

I

I. I Naipura Khadar

2. ! Naipura Khadar

3. I Naipura Khadar I

4. • Tigariva Bhoor i ~ •

! 5. \ Tigariya Bhoor

6. \ Tigariya Bhoor

7. i Tigariya Bhoor

8. Tigariya Bhoor

9. i Tigariya Bhoor

I 0. I Tiga!'iya Bhoor

11. I I igariva Bhoor I ~ .

~ .......

Sale Deed No. and Date

Khasra No.

Total Area covered under sale deed (Sq.

Mtrs)

~~ , Area left with

"JLSL" afte1·

transfer of land to JIL

vi de Demerger

order dated 31.01.2012 in Co. Pet. No. 47 of 2011 andBTA

dated 21.03.2013 (Sq. Mtrs)

____ . _ I 40 I 9836.64 1

______ ___, 8246.64 3034 Dated

29/09/ 1978

I I 41 I ' 14734.72 j

I I 41 I 14734.n · ---1

03 Dated 6/4/ 1979

02 Dated 6/4/1979 26064.44

3802 Dated 1611211978 3 803 Dated 16/1211978

226 9391.36

226 l 9878.72

246 Dated 1/3/1979

1- __ I 225 I 20482.88 1_12035.13 :

228 I 12346.40 ! I ' I

800 Dated 29/0311979

3483 Dated 28/08/1990 1957 Dated 311011992

10475.36 1 4\28.96 I 228

----1 /'}4: '

I 227 I . 6800.64 l J Total 119537.44 [ 90124.20 _j

1980 Dated 11 /5/1999 ------1293 Dated

I 2410312000

227 2185.92 -·· --~.56

/,·:.· \.<Htf .>1F;........._'-.. /.,?~<".._·'' ""'Q"c;t-~·.

// ,,s_, ;;-.-a.nY Law -~ Pieces and parcels of land admeasuring 32.77 Acres or 13.268 Hectares situated in the revenue estate of Villages Naipura Khader, Tehsil Dhanaura, District Amroha, Ljtta

Pradesh.

·if·~'>- ~y ~. ,.. '.·.- <5> -.~: :<· ~ '~ ! ('-i'G ~\~ -~ I. ~

1i s ;·f~;"~ ~ : :.::. J ,'::!.:-, 1r ~ \ ''\ ('·-.11 ::_~ - I

', ~-'' ,,- ~ 1 Area I « ;":r. ··"· ,f?-" .. ~11.N Date Sale Deed No. Khasra No. I H I

• " ,~.f."- · 9>~"'/-' o. Acres ectares , ·-::..~~·0.~'.':.~~t~;' I. 06/0411979 I 37&53 3.92 I 1.587 I

----- 2. 29/09/1978 3036 42,43 & 45 o.55 I 0.223 1

L-129/0911978 I 3039 I 44 & 46 0.82 4~6/0411979 4 47 4.66

0.332

1.887 -1

5. I 2910911973 3035 48 : 3.39 f 1..:.:.~. I 6. I 06/0411979 5 54 i 3.05 I 1.235

~10411979 6 55 , 3.n___l_ 1~~1-+ = I 8. I 19/1012007 j 8902 I 06 min & I 07 ! 0.82 I 0}3::'.

[ 9. 131/08/2004 4850 67 min 2.79 , 1.129 I ~--r-- ~

I 1 118,119.10011, · ' :

~ O. I 0 I /06/2007 I 4587 I 02/2 & 97 4J)8 I 1.652 10412, 106 min, 1

11. I 129/9, I 00/2, l 04/2, I 09/05/2007 3909 120/8, 65 60 & 61 4.95 2.005 ~

Total 32.77 I 13.268 I


111. Pieces and parcels of land admeasuring 154.28 Acres or 62A48 Hectares situated in the revenue estate of Village Tigariya Bhoor, Tehsil Dhanera, District Amroha. Lttar Pradesh

.,..., j_

~-~ s.

No. Date Sale Deed No. Khasra No. Area

Acres I Hectares

1. 20/05/1980 1768 135A& 1358 3.16 I 1.279~

2. 2310511980 1816 137 1.01 0.409 I I

3. 28/02/1980 546 139 I 0.6~.279 i

4. 2810211980 537 140 0.25 I (~ 5. ! 2210211980 536 141 I 1.07 i 0.433 :

6. I 18/04/1980 I 1314 I 142 ' I 1.5tt3 i-=~ 0~.619_~1 7. 10/03/1980 660 143A& 1438 I 5.3 2.146 I 8. 1 1~/03/1980 689 145 6.95 I 2.814 :

9. I 28/02/1979 244 156 0.96 0.389

10. 117/03/1979 454 157Min & 1578 2.55 1.032

11. I 17/0311979 452 158 0.63 0.255

12. I 19/0311979 459 159 1.29 0.522

13. I 17/0311979 453 161A & 1618 1.91 0.773

14. I 17/0311979 457 163 0.64 0.259

15. I 1910311979 458 164 0.67 0.271

16.

23/02/ 1980

29/03/1979 165A&l658, 3.5~-6 I~ __l.4~ll 166A&l668 3.63 1.470 __ ___,

168 & 167 6.48 I 2.623 1

'19/0511980 1760 170 3.5 1.417 :

.... ~~ 20. 15/04/1980 1239 171 5.18 12.09;-----/"j: \';..11'-l Jrfi;'"' I

l,f,,~~~1 Law:~'>.,,, 1. 1 7 /03/1979 451 223 3 .52 I .425 ; ' \- ~"( r.· \\ I '/> 0 ~-~ 0c:, \

{1 :~~~ t;\'~,~~- v 2 . 6/1/2006 80 202 2.34 0.948 : \~ c;~ ',1',' ~~, ... ~ \ ~~'- (~,. -& ~ · 1/3/2006 1501 184 2.41 ..._ __ U.976 i

' . • ·ll , .•. · rf-~ , '°' ·'· ' \.,.f( ~'.:').'.;>; ~o,i{/24. 28/02/2006 1474 182 2.96 i 1.197

·~..:_......_ f\1/,?j:".(,\'·:~.'·'._,-;". ""' I

'~:=..:::::.:::~ 25. 16/03/2007 1844 207 0.19 ~

796

17. 29/03/ 1979 794

18. 489

19 .

0.076

101512000 I 1514 I 144 , I o.58 Lo.23,.L_

101512000 I 1517 I 144 0.56 !

26.

27. 0.225

28. 2010512000 I 2027 I 144 I 0.02 (J.008

~8/01/2006 I 532 I 183 I 0.61 I 0.241___

l-30.-li6/01/2006 280 186 8.23 I 3 .331

32. 7112/2005 6248 23

33. 20/12/2005 6625 I

207 0.19 0.076 i

34. i I

l.~_0.507

6309 206 0.~0.376

13/ 12/2005 6461 207

I 35. 9/ 12/2005 2(

36. I 412/2oos 544 I 208 I 7.83 \ 3.169

37. 4/2/2005 540 213 ' 4.87 i 1.971 ------·

I 38. 4/2/2005 543 176,177,178 17.08 i 6.916

~9. 4/2/2005 1016 175, 179. 180,214 13.02 ! 5.270

33

~t, I s.

No. Date Sale Deed No. Khasra No. Area

Acres Hectares

40. 4/2/2005 542 231 3.69 1.495 I 41.

I

0.9281 l 5/07/2006 4700 188 2.29

I 42. ' I

411 /2006 51 207 0.88

!

0.356

43. I

6/ 1 /2006 79 207 1.25 0.507 I I

44. 20/05/2006 3172 187 & 189 5.09 i

2.059 I 45. 25/8/ 1990 3482 136 2.92 1.182

I

46. 25/08/1990 3481 218 3.74 1.514

47. 24/08/1990 3480 229 5.23 2.117

Total 154.28 62.448 together with all structures thereon.

1v. Pieces and parcels of land admeasuring 95.46 Acres or 38.648 Hectares situated in the revenue estate of Village Shahbajpur Dhor, Tehsil -Dhanaura, District A.nroha U11ar Pradesh

S. No. Date Sale Deed

No. Khasra No.

1 '

Area

Anes I Hectares 1

1. 1310311997\ 1115 L _ 628 4.48 I 1.s14 l,__1 _ _,l_1_3_10-31_1_997T-1117--I 628 4.4s-,-i-- 1~814 __ _

3. 3 l /03/ l r;97

4. 07/05/l 997

5. 09/05/1997

1406

1887

1915

o 18 Min. 620 Min & 623 Min

631 Min, 634 Min & 646 Min

625

---- 6. 26/03/1997 132 l 627 ~ -~ I

/~~ 7 //,~ ,,Law ~ \., 7. ,_7/03/1997 1333 614

3.31 I 1.340

6.05 2.449

0.3 0.12 l

2.97 1.202

4.13 1.672 i/,..~ ~?)', ,, . I /:'/! c<i'~ .;\ \\ s, 1 J1os11997 2109 614 j 1.39 ' o ,s6J

·-' t~. ~\I~-.~,,,. ~~~ I

.- :> '"-\,:':,, ., "'1/9. 02/05/1997 1868 635 3.41 1.381 . . ;::. '· ' \.· ' i

,<J '.Y~ /~ I I

+.. . .<·' '·'.1 10. 17/05/1997 2167 635 J l.71 0.692

11.

12.

13.

14.

15.

16.

17.

18.

15/0511997 2133 612 I 2.C~+ 0.830

l 5/05/1997 2145 63 7 3 .48 I .409

2l/06/1997

21 /06/1997

07/0711997

26/03/1997

~3/0511997

23/07/1997

2494 I 623 & 624 0.15 0.061

2493 631 Min 1.15 0.466

2846 625 0.15 0.061

1322 623 & 624 0.45 0.182

2226 637 0.87 0.352

3073 637 0.87 0.352 -+----------

I 7~/07/1997 19. 1-_J __ ~ 114/12/1998

~~ I 1411 211998 I ,_ 1 . 1

22. I 14112/1998

23. I 01/12/1998

24. I 1411211998

3070

5964

5965

5963

5801

5966

640

640

625 & 638

640

640 & 626

640 Min, 641 & 603

34

l 0.64

3.06

3.01

1.29

7.95

0.259 ------i

0.405

1.239

1.219

0.522

3.219

I I

tt c Sale Deed Khasra No.

Area S. No. Date

No. Acres Hectares

25. 29/10/1997 4392 701 2.47 1.000 ____,

26. 29/10/1997 4393 701 1.85 0.749 I

27. 31/01/1998 299 647 & 648 0.91 0.368

28. 2510611998 3148 629 2.96 1.198

29. 25/0611998 3i49 612 4.1 1.660

30. 26/06/1998 3160 632 2 21 0.895

31. 2610611998 3159 632 2.21 0.895 .....

32. 2710611998 3164 63 1, 634/3 & 646 3.01 1.219 I -...... 27/06/1998 3163 63 1. 634/3 & 646 3.0 l 1.219 I

·'-'. ' ·--·----------1

634 Min. 646 Min I

34. 2710611998 3161 & 633 Min

3.19 1.291

35. 27/0611998 3162 634 Min, 646 Min

3.19 1.291 & 633 Min

36. I 0/1211998 4914 335 2.96 1.198

37. l 0/12/1998 4915 335 3.08 1.247

38. 22/12/1998 5100 338 1.96 0.794

Total 95.46 I 38.648


v. Land admeasuring 28.904 Hect. or 71.39 Acres, situated in the revenue estate of Village Rasoolpur Khader, Tehsil Dhanaura, District Amroha, Uttar Pradesh.

#':~

fz,-~ ' ~)...

I «·5:

(U~\3"· 'I

'·' 'i ,. ~,,

.\. -ll .·.·-... '-:.

! , Sale Deed Area I Area '

S. No. Date N Khasra No. (A ) (H ) o. cres ectares I

I. 11 /4/2005 2052 303 Min ' 0.42 . U.170

2. 1114/2005 2053 304 2.40 i 0.971 '

1:1 .,,~ 3. 1114/2005 2054 288 Min 0.04 _0_.0_1_5 __

8La11v;~~~ 15106/2004 2055 297 1.81 i u.733 1

""~~ 1'0<;:,A\ 1114/2005 2056 298 1.39 i 0.562

.·fif, V"'":!°'1.il 1114/2005 2058 310 1 J.33 . 0.539 I

.~:_...,:.~~1 7.'1 11/4/2005 2059 312 0.4S I 0.184 : ~~ I .

'!if'~~·· 0:,,C(,~);is. l J/412005 2060 312 o.45 I 0.184 1/iah'1P5;~ 9. 1 J.14/2005 2061 302 & 323 0.74 t 0.299 1

302Min & i 10. 1 Jl4/2005 2062 323 1.48 0.598 I

11. 11/4/2005 2063 301&309 0.79 0.319 '

12. IJ.14/2005 2064 301&309 3.94 I 1.595 1

13. 1114/2005 2065 313 0.89 0.36Q___J I

14. 11/4/2005 2066 315 ' 1.10 0.44~

15. 11/4/2005 2067 320 1.17 0.474 I

16. 11/4/2005 2068 316 1.16 0.470 ~ I 7. 11 /412005 2069 306 2.61 I .05 7 I

18. I 1 /4/2005 2070 308 0.61 0.24 7

19. 11/4/2005 2071 307 0.41 0.164

20. 11/4/2005 2072 306 1.30 0.528

21. 11/4/2005 2073 296 0.45 0.182

22. 11/412005 2074 322 0.80 I o.324

23. 11,1412005 2075 307 0.20 I 0.082

24. I I /412005 2076 319 2.12 Ii 0.858

25. 11/4/2005 2077 318 1.34----1... 0.543 -

35

S. No.

26.

Date

l l /4/2005

Sale Deed No.

2078

Khasra No.

302Min & ,.,,.,,., -'~-'

302Min &

Area (Acres)

2.22

~- /. y L .,..,Area ! )-Iectarcs)

0.897

I 27. 111/4/2005 I 2079 I 323 I 1.48 I 0.598 ---i 28. 11/4/2005 2080 317 3.28 l.327

30.

I 32. 12710112003 I 512 I 334 I 2.75 I 1.113 --1 33. 2810112003 I 534 336 · 2.93 1.186 ·

34. I 22/01/2003 I 471 I 340 I' 3.02 1.222

35. I 3/3/2003 I l l 18 I 341 I 2.15 0.872

36. 28/01/2003 533 341 2.15 0.872 ----~

37. 28/01/2003 532 342 4.64 1.878

38. I

2810 l/2003 I 531 I 343 I 1.43 : o.579

39. 3110112003 I 568 i 345 I 0.62 l o.25 l

40. 25/01/2003 I 494 I 346 I 1.56 ~·---

41. 1

61212003 612 I 347 I 1.51 I 0.611

42. I 22/05/2007 t 4405 I 324 I I .19 I 0.482 -j

43. I 10/12/1998 4914 I 335 I 3.08 I 1.24 7

44. 10/l2/1998 4915 335 3.08 I 1.247

45. 22/12/1998 5100 338 1.96 0.793

Total 71.39 28.904 /Ogether p•fth ull structures thereon.

v1. Land adrneasuring 48.576 Sq. Mts. or 12 Acres or 4.856 Hectares situated in the re'venut: estate '-1f

Villages Sadullapur. Naipura Khadar. Sahabazpur Dor, Tehsil Hasanpur & Tehsil Dhanora.). District Amroha. Uttar Pradesh

S. No. Villages Ghata No. Area in Acre~

1. Sadullapur 658 0-14 66 4-14

Naipura Khader .\

288 289

0-36 ; 0-06 \

56 4-31 . Total 9-01 Acres

'f---~-~-~~--l-~--~~~~-~+-~~~~~~~~-+~---~~~·----

2. Sahbazpur Dor 617 Min. 0-20 621 Min. 0-13 . I

--------< 640 Min. 1-00

Total 640 Min. I -6 6 ______j

---· '

2.99 Acres Grand Total {1+2) 12 Acres


Y11. Land admeasuring 5.56 Acres or 2.253 Hectares situated in the revenue estak or I azalpur Cc)sai Tehsil Dhanora. District Amroha. Uttar Pradesh

I

A1ea s. Sale Deed Date Khasra No. -No. No. Acres Hectares I 07.06.2013 6056 137 Min, 138. 140 Min, 2.80 l .133

141 & 142 2 18.10.2007 8901 137 Min. 139 Min. 140 2.76 1.120

Min & 146 Min

Total 5.56 2.253

together with oil structures thereon.

36

~;~--- -......

/;.:\o.~,~~ //,/~ n..\'~ La I I~~ ':"..~fJ'

':':~~ _§ .. {~ .. ~ o" "·\'"\'·,. ~ t r-··:""t~'

::) '~·:...·.···':' -~~ .. ·'

\ ~. "~"" ·' .,.. ·. ·~ -\l ~(.rr,ef• ~ Alkl --::::=:::--

(Ill) Gujarat y1

(a) Mouje Samalya, Taluka Savli, District Vadodara, Gujarat

S. No. Block Number Area (in Sale Deed No. Date of Sale Sq.mtrs.) Deed

\. 124 22149 503 18/08/ 1994 2. 125 19,183 '490 18/08/ l 994 3. 126 47,092 353 2!/05/1994 4. 129 14508 343 03/05/1994 5. 130 3211 526 14/06/ l 994 I

6. 131 8205 344 031051l994 7. 132 (Part) 3798.78 03/05/ l 994 I

8. 134 16.529 491 l 8/08/ 1994 I 9. 135 16.054 345 21/05/!994 I 10. 136 14,508 355 21/05/1994 i

I

1 I. 137 14,551 351 21 /05/1994 1 12. 138 12,248 422 21/05/1994 I 13. 139 (Part) 13166 14/06/ l 994 '

14. 141 4816 421 19/05/ 1994 !

15. 201 36388 423 19/05/ 1994 !6. 202 2977 424 19/0511994 l 7. 204 7967 417 19/05/ l 994 18. 206 17005 '347 03/05/ l 994 19. 207 29,772 351 2110511994 :

20. 208 26,162 350 21/05/1994 Total 330289.78 I

l together with all structures thereon.

(b) Bharuch - Gujarat (Sub-Lease Hold)

S. Sub Lease Deed Area in Sq I!

No. Location No. Date of Deed Plot No. Meter 1

1 Unit-1 1869-2/37 28-06-2010 Pl-Ll 79480.53 I • I

2. Unit-2 1726-1/44 15-07-2011 Pl-L15to16 44297.04 '.

3. Unit-4 533-44/75 31-03-2018 P1-L19 40468.7lG ~ ether ·wirh oil structures thereon

\

... ,) ' ~) ) Office Properties

~', ') ...._ ____ ._,. ------/, S. Location Sale Deed No. Date of Sale DeedT · Area

No. -

l _ Flat no. No. 204. 260/94-95 22-04-1994 Area 14,236 sq. ft. I / 2nd Floor. Plot i

No.17, Ali Askar Road. BanQalore. 1

2. Pre111ises bearing Deed no. l 0982 25-09-1989 Area 7 Cottahs 4 No.11 A, Rowdon Chittacks Street, Sarojini

i Naidu Sarni, · Kolkata

3. Flat no.501, Sale Deed No. 05-06-1989 2346 sq. feet -----1 Annasalai. Mount 6619 and 1907 Road Teyna111pet, [ ' Chennai ' )

4. Flat No. 304 and Sale Deed Both 19-09-1989 Area 1176 Sq. Yrd.. : 305. Plot no. 3-6- No. l 739/1989 327 and 328, and '

k Bashherbagh, Sale Deed No. i Hvderabad 1740/ 1989 I

I ). 402, Sa111rudh1 Share ce11dicate 29.04.198 l 1322 Sq. Feet

Apartment, No. 24

I Ahmedabad ' Gujarat 1

37

~ 6. 17/34-35 Chemical 1 Lease Deed 3 I -Aug-1988 2,000 sq. rnet1;

Zone. MIDC I Taloja. I

' Maharashtra 7. WW 0 I, Rohtas Allotment letter 28.07.1997 1909 Sq. Feet

Golf Link dated 28.07.1997 Apartments 98, Park Road.

\ LucknO\v,. i Uttar Pradesh,

2. List of Investments pertaining to the LSI Undertaking as on November 22, 2019

s. Company Name No. of Face Value Amount i No. Shares (Rs in I

million) 1

I. Jubilant Life Sciences (USA) Inc. 375 Equity shares with 17.; I

I no par value 2. .Jubilant Infrastructure Limited 34,484.000 Equity shares of Rs 1.298.82 I

- I 0 each -------I 3. Jubilant Life Sciences International Pte. 437,503 Equity shares of 3.56 I

Limited USO 1 each I I

4. Jubilant Life Sciences NV 99,999 Equity shares with 7.81 I

no ear value

~27.3: Total ~- __ ____________J

3. List of Legal Proceedings pertaining to the LSI Undertaking as on November 22, 2019

'-

S.NO

I.

')

3.

FORUM

Civil Judge, Tees Hazari Court, Delhi

High Cou11 of Judicature. Allahabad

High Court of Judicature, at Allahabad

igh Court of Judicature at J~abad

\

i~- I High Cou11 of Judicature at Allahabad

8. Co Operative Court Solapur

9. SOM, Dhanaura

I 0. SDM. Dhanaura

1 I. I Competent Officer (Pargana Officer) Dhanaura, Distt. Amroha

FILING DATE

CASE TITLE C'?\SE NUMBER I I

~+-~~~~~~~~ I

04.05.2007

11.10.2002

08. 2005

08. 2010

08.2010

08.2010

09.04.2018

1995

05.10.09

05.10.09

23.11.2013

38

Civil Suit • No.360/2009

Engineering Trades Corporation vs. Jubilant Organosys Jubilant Life Sciences Vs Zila Panch~yat & Ors

~----~----! WP No.4·l<1 I I :2002

Jubilant Organosys Vs State of UP & Or'

WP (C) ----1 No.5452912005 !

\

Jubilant Organosys Vs State of UP & Ors

WP No.4774012010

Jubilant Organosys Vs I WP No.47743/2010 State of UP & Ors

Jubilant Organosys Vs ) WP No.4803312010 State of UP & Ors

Jub0ant Li!e Sciences J WP No.13139/2018 Vs. State ot U.P. & I Ors Vitthhal Saha. Sakhar l Money Suit J\:o. Karkhana Ltd.'V s. [ I 0044 7 /95 Pol)chem Ltd. & , Jubilant Organosvs I

Harswaroop Vs. I Case Number-NA. Jubilant Organos}'S File is of 2009 Saukat Vs . .Jubilant Case Number-NA. Organos,ys File is of 2009 State vs. Jubilant Life Case No.3/2013 Sciences

--i

IS.NO FORUM FILING DATE

CASE TITLE CASE NU M BE~-~ i

12. Competent Officer (Pargana I 23.11.2013 I State vs. Jubilant Life I Case No.4/2013 Officer) Dhanaura, Distt. I Sciences

13.

14.

15.

16.

17.

18.

Amroha

Allahabad High Court

National Green Tribunal, Western Bench. Pune PIL transferred from Bomba: High Cou11

CJSD V ADODARA

Civil Judge (Senior Division), Asansol

Bombay High Court

Bombay High Court

19. I Chief Judicial Magistrate, I Amroha

16.12.2012 I I Mahipal Singh & Anr. I Civil Misc WP Vs. Union of India, No.66855/2012 Jubilant Organosys &

24.9.2009

25.2.2010

24.9.2010

Ors Janardhan Kundalikrao Pharande vs. MOEF, Jubilant Oroanosvs & Ors e •

OA No.7/2014(THC) I (WZ)

Jubilant Organosys vs. I Spl Ci\il Suit Kulvvant Deswal No.t-15/20 I 0 ( Deswal Poultry ' . Medico) Jubilant Life Sciences 1

1

Mone) Suit Vs Vamshi Chemicals No.101/2010 Ltd., & Ors

16.11.2013 I Jubilant Life Sciences I INOTNo.17/2014 Vs. Atulya Mafatlal.

29.8.2013 I Jubilant Life Sciences I Suit No.90312013 Vs. Hazel Mercantile

06.09.2002 Ltd. Zila Panchayat Vs Samya Sarkar. Company Administrator .1

CaseNo.761412018 (Old No.27.11.2002)

r-----+------------..--+-----·--+l-J_L_1b_i l_a_n_t _O_r~ga_1_1o_s~y_s_-1-----------i 20. I Chief Judicial Magistrate. 17.08.2002

Amroha Zila Panchayat Vs Samya Sarkar, Company Administrator.

Case i\io.7613 12018 (Old No.27H'2002)

Jubilant Or anos s 21. I Chief Judicial Magistrak, 17.08.2002 Zila Panchayat Vs Case No. 7611/2018 j

Amroha B.S.Bhadoria. (Old No.2741 12002) i Manager,Jubilant !

Or anos s I Chief Judicial Magistrate, 17.08.2002 Zila Panchayat Vs Case No. 7(;-li/20181 \~mroha B.S.Bhadoria. (Old No.2742.12002) I

Managar.J ubi I ant ·' Ji 0Panosvs

18.10.2002 Zila Panchayat Vs B.S.Bhadoria.

Case No. 7h I:'\ 2018 (Old No.49112003)

... _ Manager, Jubitant Organosvs

24. I Allahabad High Court ! 30.1 1.2005 B.S. Bhadoria. Crl MA Manager, Jubilant i No.18402/2005 Organosys vs. State of , UP & Anr !

I

25. Allahabad High Court 30.11.2005 B.S. Bhadoria, · Crl MA Manager, Jubilant No.18403/2005 I Organosys vs. State of i

UP & Anr I 26. I Allahabad High Court I 30.11.2005 I B.S. Bhadoria, : Crl MA I

Manager, Jubilant '. No.18404/2005 Organosys vs. State of '

I UP & Anr I

27. Allahabad High Court ! 30.11.2005 Samya Crl MA Sarkar.Company No.18405/200:' Administrator,

·1 Jubilant Organ'osys vs. ~ State of UP & Anr

39

//" /'~ //.<::

''·"'.... ,:; ~ .. I.Ii,- ~; \:,;-~-~ \1 . ' '.\,

>--

! S.NO

28.

29.

29A.

30.

30A.

3 I.

"! -'-·

~

33.

34.

35.

35A.

~-..... :--... .-r-,., • '\,"' <;;, I:" ' .,_~Law T1: ~P"' . ( .. ~-~·~ (;'.\"' \ .,.,,

.. ~~..-:.~.~~

~ '#~.' .

':;. .4'

'V ll . "''

• 3t;· .. --- --·

38.

39.

40.

41.

~

42.

FORUM FILING DATE

Allahabad High Court 30.11.2005

I

Chief Judicial Magistrate. r 14.07.2010 JP Nagar

I I

Allahabad High Court i 23.10.2010

Chief Judicial Magistrate, 01.05.2012 JP Nagar


3 Addi Cheif Judicial 0 I .2.2010 I

1 Magistrate. Ghaziabad I

i

CJM Dera Bassi 04.12.2012

Delhi High Court 21.2.2014

I !

I Supreme Court of India 25.7.2018 I

I

Addi Chief Judicial 20. I 2.2014 Magistrate(SD). JP Nagar


~· Barnmati 15.5.2015 'I

\ ~~~pnal District & I 8.6.20 I 6 1sioi1s Judge. Baramati I

~ ·"F'I I

I•' ;:·~ ! . t:<,'/

;·:Uvf'FC. Amroha 06. I 2.2003

14th Civil Judge Senior 6.2016 Division, Pune

High Cou11 of Judicature at 5.2008 Allahabad High Court of Judicatur..: at 2008

Allahabad

Judicial Magistrate. FC. i 5.3.2018 Saswad. Pune

I

I I

! :

Bombay High Court ~.3.2018

40

_[\:) ' CASE TITLE CASE NUMBER I

Sam ya Crl MA i I

Sarkar, Company No. 7-8406/2005 I Administrator. i

Jubilant Organosys vs. ~

i

State of UP & Anr ' '

Smt Kamlesh Devi vs. Crl Complaint . ' Ashok Ra1, D) No.653/9 llt' 20 ! 0 ;

Manager, Jubilant

Crl Misc. Appln--~ Organosys & 2 Ors AAshok Rai,Dy Manager, Jubilant Life No.35002/20 I 0 Sciences & 2 Ors vs. State of UP & Anr Jugnu Singh Jatav vs. Crl Complaint Vinod Trivedi & Ors. No.~097/2012

Vinod Trivedi vs. Cr! Rev No.288/20 I 3 State of UP & Anr Jubilant Organosys vs. Crl Complaint Deswal Poultry No.1611/2012 Medico & Anr. Jubilant Life Sciences 1

CRM No.18/2014

"· Ajaibir Sin~ Anr ,

-------

Engineering Trades . Cr! Corporation vs. M.C.No.1150:2014 State(Govt ofNCT, Delhi), Jubilant Organosys & Others

·-

State of UP and Ors SLP (C) Vs Jubilant Life No. I 9763/20 I 8 Sciences Santosh Kumar vs. Cr! Case Nu. I 95/2019 HOD Apoorva (Old No.3246/2014)) I

Prabhakar & Ors. Santosh Kumar vs. Cr!.

!

State of UP & 3 Ors. M.A.No. I 216 7/20 I 5 ; I

Rajendra Bhujangrao sec No.529/2015 I

I

I Dhumal vs. Jubilant Organosys & Ors I

Jubilant lndusttries & Cr! Rev Pettn i

Jubilant Life Sciences No.40/2017 vs. State of Maharasthra & Anr. I

State of UP vs. Ashok Complaint Case No. Kumar Rai 3068/2004 I

I

Vilas Revba Dumale Spl Civil Suit vs. Jubilant Life No.833/2016 I

I

Sciences & Ors. Jubilant Organosys Civil Misc WP Vs. State of U.P & Ors No.23789/2008 R.S. Jhala, Sr. Civil Misc WP No. Manager 25219.12008 Administration, Jubilant Organosys Vs I

State of UP & Ors I State Exci:.e Flying I CR NL).1 o7. iO!s ___ Squad 2 Mahaf-ashtra I

I ...... I

Vs. Nishikant I I

Bhalchandra Natu, I I . I

GM Commercial, i i

Jubilant Life Sciences. I Ni ra & others. I I

Jubilant Life Sciences ----j

Crt WP No. I 180/20 I 8 i & others Vs. State of

I Maharashtra & Anr I

__ S-l ! S.NO I FORUM FILING

DATE CASE TITLE CASE NUMBER I

- -· ~, -"·ri 43. I Mal'arashtra Electricity 15.3.2019 Global Energy Pvt Ltd Regulatory Commission, Vs Morries Energy ',

I Mumbai Ltd & ors. . I

44. National Green Tribunal, 25.3.2019 Shah Alam Vs State of OA No. I 072019 ~[ Delhi UP Case No. I 07 of 2019 ----

45. i AC.IM-11, GB Nagar, 15. I 0.2019 Jubilant Life Sciences I CC No.4998/2019

46.

47_

48_

Surajpur, Greater Noida. Vs P.Praful and Co UP Agency (India) Pvt

Ltd & others ACJM-11, GB Nagar, Surajpur, Greater Noida. UP

15.10.2019 Jubilant Life Sciences Vs P.Praful and Co Agency (India) Pvt Ltd & others

CC No.4999/2019

ACJM-11. GB Nagar, I 15.10.2019 I Jubilant Life Sciences . CC No.5000/2019

Surajpur, Greater Noida, I Vs P.Praful and Co l . • ii

UP Agency (India) Pvt

AC.IM-11, GB Nagar, Surajpur. Greater Noida. UP

I Ltd & others 15.10.2019 I Jubilant Life Sciences I CC Nu.500-l/2(ff()" __ _

Vs P.Praful anti Co I Agency (India) Pvt Ltd & others

49_ Labour Cou11, Rampur 2013 Jugnu Singh Vs Jubilant Life Sciences

ADJ No.13. 20 16 ( renumbered)

50. Industrial Tribunal, Vadodara

2015 Samir Jalal Rana M/s Gujarat Kamdar Mandal Vs

Comp. ITNo-47/2015

Jubilant Organosys & Ors

51. Industrial Tribunal, Vadodara

2015 Jalal Jashu Rana M/s Gujarat Kamdar Mandal Vs

Comp. IT No.48/2015 I

Jubilant Organosys & Ors

Labour Cou11, Vadodara 2012 Kanubhai Prajapati Vs RefNo.923/201-21 Jubilant Life Sciences _ ---~--1

LaboL1r CourL Vadodara 2014 Komalben Ra~esh NCF No.3I 12014 [ 1 bhai Solanki & Others i I Vs I

Industrial Manpower !

\ Su I & Anr !

List of Intellectual Property pertaining to the LSI Undertaking as on November 22, 2019

4A. LIST OF ACTIVE GRANTED PATENTS FOR LSI BUSINESS

S. Country I' Product Name Grant~d Number Date of priority j Date of Grant 1'

No filing I

I. India i 3-Cyanopyridine IN232489 September 7, 200 I ' l\lan.:li}7.I I 2009 I

J India '1 3-Cyanopyridine IN263278 September 7, 200 I October 17. '1

! 2014 II

3. I India [ 3-Cyanopyridine IN220678 December 4, 200 I Ju11e 2_ 2008 1

4. India I 3-Cyanopyridine IN243292 Dec6mLer 4. 200 I Oct 4. 20 I 0

5. India Lutidine, IN222262 Aug 05, 2002 I Collidine

Aug 4. 2008

6. India Pyridine IN265 l I 5 September 12, 2006 Feb IJ. 2015 7_ China Pyridine CNI01511788 Septemberl2,2006 Jul;~_.2012

8. USA Pyridine US 8,057,64381 September 12, 2006 No\ 15. 2011

9. I Taiwan I Pyridine TW370119 I September 12, 2006 I Au!!. 11, 2012 I

10. USA I Niacin US 8,575.350 Bl Sept 13, 2010 Nov 05, 2013 1

[ 11. China Niacin CN102399183B Sept 13, 2010 Ma: 04. 2016 I

lJ~. Europe Niacin EP242850581 Sept 13, 2010 Aug 10, 2016 !

41

14 ! 4C. LIST OF TRADEMARKS \ .. S. I Application No. Filing Date I Trademark I Class Titatus of the I

No I Mark ----

Registered 57. I 3517539 I 30-Mar- l 7 I JUBILYS 5 58. [ 3547829 12-May- l 7 I PROMO~IN 1 ~~~~~~ed --i

1 59. 3547830 12-May-_17 I PROMOUN 31 ~ Reg~stered ~

~O. i 3535986 28-Ap;:=J]i XYLAMAX 31 ___ 1 __ Re1<1skr~~i__J 61.13611962 11-Sep-17 .ILJCCA ' l ~1 Regisk~~

I 62. 1 3724435 11-Jan-18 AN!CHOL 1 I Regish:_i:ed , : 63. ! 3724436 11-Jan- l 8 ANlCHOL 5 Pemii~~ )-?4. 1 3724437 1 l-Jan-18 BUTYMAX 5 _,_ __ P~m~~--~

65. l 3724438 11-Jan-18 H!PROM!N 1 Pe11di11:.!. ~

66. ' 3740920 31-Jan-18 BUTYMAX 1 Regiskred J t67. I 3740921 31-Jan-18 HI-PRO-MIN 1 Registered I

68. i 3740922 31-Jan-18 TOXICOP 1 Registered I 69.!3740923 31-Jan-18 ENCROMIX 1 Register~ 70.!3740925 31-Jan-18 JUBIZYM 1 Registered I

·-----1

71. [ 3740924____ 31-Jan-18 OSMOBETAINE 1 Regi~~e~e_!J

72. 1

4033038 December TOXICOP 31 1

Registered !

d 20,2018 I ~ 73. : 403303 7

1 December ENCROMIX 5 Registered :

f--:;-1

. I 20, 2018 --+------ ... ~1 i 7-l. • ·W3304U i December JUBIZYM 5

1

Rq· 1~tcn:d I ' ! 20, 20 I 8 ' : 11~ .. 4033039 I December ' OSMOBETAINE __ 5 ___ TR-;;gi~1~.·rl'd--~ I 20,2018 I

1 76. 1 3752525 Februarv JUBCEE 1 , Rt·gi~t~~~.'J~ I I I 13. 2018 I ~i--37'i2526 I February I JUBCEE 5 tRe~isterL:cl-, h-+-" _ I 13. 2018 +--- _ ·---i--~ --: -- .. ·- ___ _

78. : _, 7)2527 February 1 JUBCEE 31 i Reg1~1ered i 13, 2018 '

79.: 3181693 09-Feb-16 NAVYUG 1 Reg_i_~~l}'.d 80. ! 17934 75 March 6, En Cm Mix 31 Reeoi~tered

, I

I I 2009 . i . : --- --~

.-.::::t:'-~92430 I 17-Dec-09 l I Registered 1

@;,\f&i~· . I J,•"· "'vapr l.,:;,j ~s-~ . .. I '

, :, ·.~~::- .. r...,a' , .,.f /' ~ ';.1f j 1 ~ , : ;_i; ,y,t :\; 11 ' ;

1 1 -:- !~r /-' '§ (

·1 ( .:,:.. 1"l- i BOLLING w ATER I

.~1:,,~·"' '*f . RESISTANT ---+------ .. ---~ ,~~;c-:~r t · I ':

l chol 1 ·

.:;p~1rr.,.:"1 Rrtt:w~~~I ~ '>.,).:-1 \

83. I 1214918 l 6-Jul-03 -----+--------j

HEXON 5 1 Registered i 84. I H/BD/O 111923 1 l 17-Nov- l 5 ENCROMIX I 31 I Pending

( Ba,wladesh) I I =t: -1 85. I H/BD/01/192312 17-Nov-15 JUBIDOL 31 Pend-ing

(Ban 1ladesh) _ _ ----·· 86. 170102279 January.23, MAXDOL 31 Registered

(Thailand) 2017 --~ 87. 180102119 January :22, JUBIDOL 5

(Tl'l_~~~ 2018 - -·-- --- . ·---88. i 213669 I r\ugust 13. I BUTYMAX , 31 I Pending

Registered

I (Bangladesh) t 2017 , I ! : 89. I 4-2015-013392- 23-Nov-!5"1-~--JUBlDOl~--t-- 31 -~i-re;-;-d111g I I (Philippines) ___L __J_ ----~ __L_ ___ _

5. List of Subsidiaries pertaining to the LSl Undertaking as 011 November 22, ""lll 9

)-. -i---~-- Name ~;~Add;.~s~-~f the Subsidiary I .' ;o, I

t=L __ ~luhilant lnfrastructure Li1111tecl --------------·

-i-+

------ ------

I_. s. No.

-2.

3.

~-

-5.

Name and Address of the Subsidiary ----1 I i

IA, Sector-16A, Noida-201301, U.P. ~ Jubilant Life Sciences (USA) Inc. ' I

790 Township Line Road Suite 120 Yardley, PA 19067, USA ___J Jubilant Life Sciences International Pte. Limited I

9 Raffles Place, #27-00 Republic Plaza, Singapore 048619 -~ Jubilant Life Sciences (Shanghai) Limited I Room No: 40 I -A. No. 169, Tiagu Road, Wai Gao Qiao Free Trade Zone, Shanghai-::'. OU 13 17. i China ~ Jubilant Life Sciences NV , AXXES BUSINESS PARK. Guldensporenpark 22 - Blok C, B - 9820 Merelbeke, Belgium !

~{

6. List of Contingent Liabilities pertaining to the LSI Undertaking as on November 22, 2019

(a) List of Income Tax cases pertaining to LSI undertaking as on November 22, 2019

S. No.

I. 2. , .).

Assessment Year Forum where proceedings pending Contingent Liability (in Rs. I Lakhs)

2015-16 I Commissioner of Income Tax (Appeals) I, 752 2014-15 I Commissioner of Income Tax (Appeals) 6,537 2013-14 I CornmissioneroflncomeTax(Appeals) 1,995

4. 2012-13 IncomeTaxA ellateTribunal Delhi) J..J±.2 5. 2011-12 Income Tax A ellate Tribunal Delhi _1,372

20 I 0-11 Income Tax A el late Tribunal Delhi) __ ::!_! _ _§_

1-'M-~+------2_00_9_-_l_O __ Income Tax A ellate Tribunal Delhi) 72_2_--~ 1989-90 Income Tax Appellate Tribl.14181 (Delhi __ _j_5 ___ 1

2000-01 Allahabad Hi h Court q "-'--~~' 2001-02 Allahabad High Court _ __::"l_----1

·-, 2002-03 Allahabad Hi h Cou11 _ 48 I

2004-05 Allahabad Hi h Court 254 t-7<"'7'r---t--------- ----

2005 -06 Allahabad Hi h Court 238 --------

}HI..\. 2006-07 Al la ha bad i-1 i h Cou11 . 6 7

~ 2007-08 Allahabad Hi h Court ~J= 7~ 16. 2008-09 1 Allahabad High Court ___ I .l~

Total . _ 16,530 _,

(b) List of Indirect Tax cases pertaining to LSI undertaking as on Nonmber 22, 2019

s. No.

I.

- -

---DETAIL OF PENDING CASES OF CUSTOMS

Number & Date of the Order appealed Nature of Period Appellate ie_~ against and Show Cause Notice No. Dispute Authority I

I i ' I _ll

SCN No_ c. No. Vlll/12/ACU/Gr. Proof of 2006- Deput; I I V 11/ Advance/Bond/2 I 16/2/4 dated expo11 not 07 Commissioner, '

0210412009 (Advance License No. furnished Customs, New 0510187:i30 dated 26/07/2006). Reply initially Delhi filed. No hearing fixed. Reminder letter

I

given on 27.11.2016, 27.03.2017 and 13.12.20 I 7. Reminder again submitted on 01.03.2019. Order Awaited. File not I

45

ontingent liability ncluding interest

and 1cnalties (in Rs. I !

Lakhs) ! -~~

ti.00

,~b 1--

1 -~--------..;::..:~~~=----::_::___:_-;--;-i--~~~--::..~---;;:-::::::;11----;;;~:11-;:;--;:::----r ------------1 L-- Contingent I

DETAIL OF PENDING CASES OF CUSTOMS

S. I Number & Date of the Order appealed Nature of I Period Appellate Authority No. against and Show Cause Notice No.

traceable with department.

2. I SCN No. F. No. VIIl/12/ ACE/GrV 11/EPCG/Regn ./BON D/383/2002/15049 dt. 02/12/10 (Lie 0530133488 dt. 0 I. I 1.2002). Reply filed. Reminder letter filed on 16.11.2016, 27.03.2017 and 11.12.2017. Reminder letter again filed on 01.03.2019

3.1 SCN No. F.NO. VllJll2/ACE/Gr-VIl/EPCG/Regn./BOND/347/2002/15682 dt. 18/12/10 (Lie No. 0530133327 dated 19.09.2002). Reply filed. Reminder letter given on 16.11.2016, 28.03.2017 and I 1.12.2017. Reminder letter again filed on 01.03.2019.

4. SCN No. F. No.

received on

(F

clated Demand ADC(P)

Appeal filed with on

Dispute

Proof of exp01t not furnished initially

Proof of export not furnished in;tially

Short duty paid Oil

import of coal

2002-2004

12002-2003

2013-14

I

'

ADC. ACE. Delhi

I ADC. ACE, Delhi

I CESTAT. Mumbai

-~

liability 1

including interest

and penalties (in Rs. I LakhsL

'

0.00 ~

0.00

-----·~ 38.46

I 29.10.2018. Hearing awaited. 't t. __

5. SCN No. . F. No. Sh.ort duty 2012- CESTA:r. 81.92 Cus/M&P/Alb/PNP/Jubilant/20131766 paid on 2013 Mumbai r

dated 03/09/2013 (Differential Duty). import of Demand confirmed vide 010 No. ADC(P) coal /ADJ/SP/M&P/l 6& 17/2014-15 Dated 28.04.2014. Appeal filed, Fik No. S/49-428. Hearing with Commissioner (Appeals) attended on 12.12.2014. Hearing again attended on 14. 12 .20 I 7 .

. Order in Original Upheld vide OIA No.

I. I MUM-CUSTM-PREY-APP-195 &

196/18-19 Dated 27.06.2018 issued on

U ;2-UJ7.2018 received on J 1.07.2018. Appeal filed on 29.10.2018. Hearing i "a 1ted. I

I 6.1 Drawback claim rejected as payn~~-,-1_t_1_1--L-)t__,[_D_rc_l\_\ b_a_c_k-+---[2_0_1 o-,--+-P-r-i1-1c-ip_a,_I ____ -~ 6~1()' -·

· . 111ade from FCA account of the SEZ unit 1 clai111 Co111missioner I No I. Order i11 Original No. 01/2012-' rejected as (RA). Mumbai

13/DBK. OIA No. VAD-EXCUS-002- payment I

APP-296-2013-14 Dated 19.08.2013. - not I SEZ Bharuch Unit No I. Eady hearing recei\ed in j

~tter given 01129.12.2017. Hearing frx.ed Foreign _J__ __ --~

46

Sf t DET AlL OF PEWDING-CABE-S OF CUSTOMS I

f S. Number & Date of the Order appealed Nature of Period Appellate Contingent !

No. against and Show Cause Notice No. Dispute , Authority liability ' including , interest I

and I penalties 1

(in Rs. I i Lakhs) I

' on 02.08.2018, Adjournment taken. Next I currency I I I date awaited. Hearing attended on I I. I 0.2019

Demand of 12006-JNCH Dated 07 .02.20 I 7 received on duty on 07

No. S/6-Gen-1281 /2008/Bond 7.1 SCN

14.02.2017. We have asked t:xport team to warehoused

Assistant Comm issioncr, JNCH NS Ill

deposit the amount. However. file not goods after I \

0.12 \ l

I traceable with department. stipulation ' l 1 J period of 90 LL___ da :,. ----! 8.' Shem Cause Notice No. 465 dated Demand of October Assistant._ 4')57-----1,

( ! 15.03.20\9r~ceivedon26.0:;.2019.Reply Dra\\back. 16to Co111mis5io11er.

I.

dated 12.04.2019 filed on dated where June 17 BRC Ce! I. 24.04.2019. Hearing awaited. evidence of !CD -Loni

realization of export

I proceeds is not .

available I I . H _ i TOTAL t _ __l69.77 I

DETAILS OF PENDING CASES OF SERVICE TAX

Nature of Dispute

SCN No. S.Tax!Div- Refund of Vl/R;Jubilant- Service Tax 214812017-18 dated - SEZ 31.10.2017. Reply filed on 28.12.2017. Refund granted for Rs. 6. 12 Lakh vide 010 No. DIVVll/BRH/002/R/I 8-19 Dated 12.04.2018. Appeal tikd on

I 31.05.2018 for balance amount of Rs. 1.54 Lakh. Hearing anended on 3 I .08.20 Io at Surat. Commissioner (Appeals) remanded back the case to Adjudicating Authority vide OlA No. VAD-EXCUS-002-APP-355-2018-19 Dated 14.09.2018. Order awaited. Hearing fixed on 18.07.2019. Hearing

Period

Jul) 16 to September 2016

Apnellate Authority

Assistant Commissioner. Division VII, Bharuch

Contingent liability including interest

and penalty (in Rs. I Lakhs) ----

1 )4

L _ _ attended, order awaited.

47

\ \

I I

t-I S,

No.

2.

s. No.

' . _l~

---/

1 Number & date of the Nature of Period Appellate Contingent liability

DETAILS OF PENDING CASES OF SERVICE TAX

Order appealed against Dispute Authority including interest and Show Cause Notice and penalty

No. (in Rs. I Lakhs)

Assistant Commissioner, Service Tax January 16 Assistant I ~.54

CGST, Baramati has demanded to June Commissioner. issued the SCN vide File on 2017 BJramati, Pune

I No. V(29) 15- Insurance 1 I I I

......

72/ Adj/ ADC/ 15-16/Pt- amount 11/988 dated 21 .08.2018.

1

cccovmd ~

Reply filed on from ! 28.12.2018. Hearing Customers fixed on 12/ 13/ 14th February 2019. Hearing attended on 13.02.2019, ' order awaited. I '1

Total 1-Ul8 1 ___________ _j

DETAILS OF ALL PENDING CASES OF CENTRAL EXCISE - -- ~ N um ber_&_d_a_t_e_o_f-th_e_O_r_d_e_r _-,-_N_a_t_u_re-of---.---P-e-r-io-d-.---A--p-p_e_li-at-e-,-\-C-o-ntingen

appealed against and Show Cause Dispute Authority I t liability 11

notice include I

penalty, interest

etc.

CESTAT. Mumbai

1. i Refund rejected vide 010 t'-eruna or I Apr .:vv':I -62/CEX/2009 Dated 16.07 .20 I 0. excess debited Sept 20{)9 File No. IV (10) RC-204/ PIX/ 09- cenvat under I 01649. Appeal filed - Refund rule 6 of the rejected \ ide OJA No. I Cenvat Rules Pilll/VM/341/2010 dt 08.12.2010. i inNIRA Appeal No. E/615111 filed \\ith ~E~TAT. Appeal dismissed vide

OJldes No. A/88450/16/SM B dated

reason mentioned in the order. Letter submitted with CESTAT for listing on 29.03.2019. Personal Hearing fixed on 25.04.2019. Case listed for final hearing on 23.09.2019. Matter adjourned and now listed for 04.11.2019. Next date awaited. \ ---j

I 2. I SCN No. IV(Hq) Prev/C- Duty demand Aug 2009 Supreme 79.16 11/5/67/2010/874 dt 08.09.2010, Reply on Niacin to July Court filed. 010 No. 47/CE/CHD-11/2011 Feed Pre-Mix 20 I 0 Dated 25.07.2011 demanding duty. (CADCHEM) Appeal No. E-2484/2011 with CESTAT. Final Order No. A157424- i 57425/2013/EX [DB] Dated•

1

30.08.2013. CA No. 8117-8118 pf! _L _ -. 2014 & CA )\.io. 8119-8120 of 2014. · i

~al admitted. Writ Petiti~o i _' _~ ___ j_

48

--- -~_J

--- -~ 9 / DETAILS OF ALL PENDING CASES OF CENTRAL EXCISE -----

S. I Number & date of the Order No. appealed against and Show Cause

notice

Nature of Dispute

Period Appellate Authority

Contingen t liability include penalty, interest

etc.

(in Rs. Lakhs)

L---l-~~~~~~~~~--~~--+~~~~~-+-~~~---t~--~~~-l--

CWP 3649 of 2016 filed by the company in the Punjab and Haryana High court on account detention of goods of CADCHEM demanding additional disputed interest dismissed <is withdrawn vi de order dt 23 2 2016 with recourse to the petitioner to the remedies available to it in accordance with the lavv. Additional Interest has been paid on 29/03/2016 under protest. Depa11ment issued a letter dated -17/03/2016 demanding duty which was paid through CENV AT amounting to Rs.59.65 lakh pertaining to period Apr! I to May 13. Appeal has

1 bern 11led against this letter. However. \ we have tiled a response leller along 1 with the original documents of appeal I

1 by post. , __ _ 3. ' SCN No. I Duty demand Aug 2010 Supreme 70.97

I V(29&33) 15/CE/57Commr.Adj./CH on Niacin to March Court D-11/201113008 dated 27107/2011. I Feed Pre-Mix 2011

4.

010 No. 68/CE/CHD-11/2011 Dated (CADCHEM) 30.09.2011 demanding duty. Appeal i No. E-23/2012 with CEST AT. Final Order No. A/57424-57425/2013/EX

23 2 2016 with recourse to the I petitioner to the remedies available to it in accordance \\ ith the Im\. I Additional Interest has been paid on · 2910312016 Linder orotest. Excise Depa11111ent issued a letter vi de C No. IV ( 16) TRC I Cadchem/ DB/ 09/ 2014/ 2078 Dated 17/03/2016 & CA DC HEM letter dt 17th March 2016 demanding duty which was paid through CENV AT i amounting to Rs. 59.65- lakh [ pertaining to period Apr 11 to May ; 13. Appeal has been filed against this :I

letter. Appeal returned stating that . excise department letter is not a i

speaking order. However, we have ·1

filed a respo11se letter along with the original documents of appeal by post. ,

Cenvat proposed to be disallowed by inputs used for Niacin

49

Aug 2009 to March 2011

I

Commissione j- -0,~· r (Appeals) Chandigarh. II

I

____ J __

/ DETAILS OF ALL PENDING CASES OF CENTRAL EXCISE ~ f-S-. ___ N_u_m_b-er-&--d-at_e_o_f_t_h_e __ O_r_c_f e-r---,---N-at_u_r_e_o_f_-.-_P_e_r_i-od----.-A·-p-p_e_l_la_t_e---,[ Con tingen

I No. appealed against and Show Cause Dispute Authority I t liability

l,

1

notice I r~~~:: !

I 5. SCN No. v(23) 15 /CE/--P/Commr. Adj!C H D-11/20 12125 19 Dated 13.08.2012 for Rs.65.15 Lakh.

'V(29)ADC/P&V/DB/43/C-ll/12/3 92 dated 23/04/2012 for Rs.44.12 Lakh. V(29) Cad

: Chem/ Adj/DB/! 69/C-II/ 1312224 •Dated 15.07.2013 forRs.44.74 Lakh, I i Total Rs.154.0 I Lakh. 010 No. 61-! 63/CE/CHD-11/2013 DT06.09.2013. i Appeal No. E/60495/2013 EX [DB]. I I Stay Granted on 25.08.2014. ' Extension of Sta) application filed on : 24.08.2015. hearing on 09.08.2016.

Hearing adjourned for 27.12.2016.

Duty demand 011 Niacin Feed Pre-Mix (CADCHEM)

April 2011 to Ma:-2013

CESTAT Chandigarh

I etc.

! (in Rs. ! I I

l~akhs) --i

-123.96 '

'. Matter again adjourned and to be r

! listed after notice. when 2013 _______ II I appeals are taken up for hear_i_,n'"'--.-----'>--------.f-----------i--------1-- __ _ .

6. I 010 No. R-9!/CEX/09-10 rlated Appeal against Jul 09 to CESTAT. 0.00

1 14.09.20 I 0. Reply filed, OIA No. OJA allowing Sep 09 Mumbai

i Pll l/RS/93-95/2011 dated 25.05. l I Dept Appeal. i passed by CCE(A). Pune. Appeal Eligibility of

No. E/13541201 I 'RIC EX/011201 l Rule 5 refund filed with CESTAT, hearing for exports to a\vaited. Early hearing letter given on SEZ. 29.12.2017. Hearing scheduled for 30.04.2019 adjourned to 31.05.2019. Bench not available on 31.05.2019.

earing fixed on 05 .Cl7 .20 19. ::?J; -fu1.15 ·ing adjourned for 14.08.2019.

Ji <.._1A'_1aw T iti,learn. aoain adiourned for ~~ ~ ~~ 0 ~

/Ir~ ({' u Ox U.:?.O 19. Matter adjourned and '!:··~ff . ,'"~l~ ~.\il\be taken aft~r _Divisional Bench ·\.', -- -::, · ~·:· .ot1t(;001e 111 the similar matter. ">· ":'·- i 7~-: Ql't>-.rl:<fo. R-59/10-11 dt 3J.03.2011. "~\ ·c·i'(t· :.:-1 ·°i(p.pi{-1 filed, OJA no. PllJIRS/93-~~ I"'-,,,\~/

',:-::-.:_1

____ , _';ISJ-2011 Dated 25.05.2011, Appeal ---- ·-· No. E/1355/20 I I - MUM filed with

CEST AT Mumbai. hearing awaited.

Appeal against OJA allowing Dept Appeal. Eligibility of Rule 5 refund

Early hearing letter given 011 for exports to 29.12.2017. Hearing scheduled for SEZ. 30.04.2019 adjourned to 31.05.2019. Bench not available on 31.05.2019. Hearing fixed on 05.07.2019. j

Hearing adjourned for 14.08.2019 · 1

Hearing again adjourned for 03.10.2019. Matter adjourned and I

I will be ta_ken after _Divisional Bench '[1

I outcome 111 the s1m liar matter. L--------'-----4------'----- ·----'--·

50

DETAILS OF ALL PENDING CASES OF CENTRAL EXCISE I

! ~-~~~~~~~~~~~.~~--~~~~~~~~~~~---,~--~~~-,

I S. ! Number & date of the Order Nature of Period Appellate ~ Contingen No. i appealed against and Show Cause Dispute Authority t liability

notice include

8. ! 010 No. R-134110-1 I dt 29.12.20 I 0. 1

Appeal filed. OIA no. Plll/RS/93-, 95120 I I Dated 25 .05 .20 I I. Appeal

No. E/1356/2011 - MUM filed with CESTA T Mumbai, hearing awaited. Early hearing letter given on 29.12.2017. Hearing scheduled for

1 30.04.2019 adjourned to 31.05.2019. ' Bench not avai I able on 3 I .05.2019. ·Hearing fixed on 05.07.2019.

Hearing adjourned for 14.08.2019. Hearing again adjourned for 03.10.2019. Matter adjourned and will be taken after Divisional Bench

· outcome in the similar matter. 9. OIO~o. R-107/l l-12dt27.07.201 I.

' Appeal filed. OIA no. I Plll!RS/275120 I I Dated 26.09.2011.

Appeal No. E/1809/11 - MUM filed \\ ith CESTAT Mumbai, hearing

. awaited. Early hearing letter given on

1

: 29. I 2.2017. Hearing fixed on ' 1 19.07.2019. Hearing scheduled on ! ' 14.08.2019. All 3 appeals have been I 1 kept for hearing on I 6.9.20 I 9 before

_-::..-t .. :;.~~ Division bench. Hearing again /,-;-;..-.-_ \,;i~f'c,rl ~med for 04. I ?.20 I 9. M~tter did

;// (,·.?' ~Y lf.P9.t ch for hearing and ~djourned : 1. . ~ "'~c, . I I .2019. Now listed on I •, . If •'I.: I I

. "; ,. ' n' ' £.i 2 1- I 9 =--~ ~ .. ..,.,..:1 ...... . v 'Ji_ :.tll~ OtD.,N . R-174/11-12 dt29.09.201 I,

t't • .. ~··:~ '~.ppe I filed, OIA no. · --~·;1 :~~-:.,.:RWJRS/370/20~1Dated15.12.201L

'·.;.· 1 '='~~ :Appeal No. E/3) I /2012 - MUM filed

I f with CESTAT Mumbai. hearing ! f a\\aited. Early hearing letter given on

i 29.12.2017. All 3 appeals have been kept for hearing on 16.9.2019 before the Division bench. Hearing again adjourned for 04. I 0.20 I 9. Matter did not reach for hearing and adjourned

· for 04. I 1.2019. Now listed on 19.12.2019.

f-----+-

11. 010 No. R-239111-12 dt 29.12.2011, Appeal filed, OIA no. Plll/RS/95/2012 Dated 22.03.2012. Appeal No. E/949/2012 - MUM filed with Cl:::STAT Mumbai, hearing awaited. Early hearing letter given on 29.12.2017. All 3 appeals ha\'e been kept for hearing on I 69.2019 before the Division bench. Hearing again adjourned for

Appeal against OIA allowing Dept Appeal. Eligibility of Rule 5 refund for exports to SEZ.

Appeal against OJA allowing Dept Appeal. Eligibility of Rule 5 refund for expo11s to SEZ.

Appeal against OJA allowing Dept Appeal. Eligibility of Rule 5 refund I for expo11s to SEZ.

Jan l 0 to Mar 10

Apr 10 to Jun I 0

July 10 to Sept I 0

CESTAT. Mumbai

CESTAT. ...... Mumbai

CESTAT. Mumbai

I

I

penalty, interest

etc.

(in Rs. Lakhs

()

0

()

I : _____ ,__ ____ ,, ______ +- -----1

Appeal Oct I 0 to CESTA T, i 0 1

against OJA Dec I 0 Mumbai allowing Dept Appeal. Eligibility of Rule 5 refund for exports to SEZ.

~~~:-~~~Oa'.,~· ~J~:~,'.;,~~d t~~t re;-1ch-fo_lr l ~II 04.11.2019. Now listed on \ 19.12.2019 J

·------'--------"--·---- -- - --·--

51

DETAILS OF ALL PENDING CASES OF CENTRAL EXCISE I r·s.· I Number & date of the Order ! No. \ appealed against and Show Cause

Nature of Dispute


I Contingen I t liability I

I i notice ' '

May 2012 Joint I

Commissiune I

12. SCN. C. No. V(l5)Adj/M- Recoveryof 1

ll/Jubilant/13/6164 rebate claim dated.O 1.05.2013. Reply submitted (Gajraula)

• i 011 28.06.2013. Letter 1or 1

r, Meen.tt

adjudicatio;1 sent on 16/04/ 15 and - .i

: reminder sent on 28107/2016. I

: Hearing awaited. Reminder letter i

include penalty, interest

etc.

(in Rs.

Lakhs 89.52

1

filed 01~ 10.01.2019 I 13. SCN C. No. V-(-1 )-_)_A_d_j/_2_8_/2_0_1_5_17_8_8-+--R-e_c_ov_e_r_y--o-f-l-F-e_b_----+--Jo_i_n--t -----+- 12.43

! dated 16/02/2015. Reply tiled 011 rebate clai111 March'201 Commissione 13 .03.2015. PH attended on

1

(Gajraula) 4 r, Meerut 1 19/01/2016 before the Joint ; Commissioner. Order awaited.

Reminder letter for issue of order l , sent on 28/07/2016. Reminder letter

I I I

I I ~ toJ.C.filedonl0.01.2019

I 14. , SCN no. U nderval uatio n of goods ( Cadchem ).

Nov 07 to May 09

CESTA'1 ] V/29/CE/46/COMMR.ADJ/CHD-112012/3164 dated 19/09/2012. Hearing on 08 July 2016, part heard and postponed. Hearing corn pleted

i 011 08.08.2016. Hearing again 1 attended un 02.01.2017.

n order No. 31/CE/2016-D - 11/SRM dated

passed by A DC demand and equal

er received on 2 3 2017. on 27.04.2017. Hearing

n 16.01.2018. Appeal de 891A 1C E/CI id/20 I 7-ted 12.10.2018 recei\ed 018. Appeal filed on,

Interest provided Rs.120 Lakh upto the date of order.

Chandigarh 262.44

I , __ N_o_. __ V_(_l _5l _A_d_j/_M---+--1

1

-D-e1-1 i-a-1 __ o_f...J..-2-0-06 ___ 2_0 _1 O___j.__A_l_la-h--ab_a_d __ I -··o. 00

/68/2009/1459 dated ' credit on input 1

HC · 06102/2012.0rder-in-Original No. ; service used in I

34/Comrnissioner/ Meerut/ 2012-13 fe1tiliser unit dated 28.02.2013 passed by the (Gajraula) Commissioner, Central Excise, Meerut-11. Final Order CEST AT No. A/52444/ 2015 -EX [DB[ dated 14/07/2015. Excise Department has filed an Appeal (31 of2016) before Allahabad High Court in Feb 2016. : Central Excise Appeal No. i 343/2016. The matter did not reach i for hearing on 26.09.2016 & 1

15.02.2017. Finally, the issue came up for adm 1ss1on on 04.04.2017 before the Hon'ble Court, the I-lon'ble Court has ad111 itted the appeal on the question of law framed in the appeal, and has ordered it to be listed 1n

I

ordinary course for final hearing. On I

02/08/2019 Appeal has been i ! dismissed bv the All-HC on the basis i I ' -~-~~--'--~~~-~....L_~~-~---J__ -~____J

52

! DETAILS OF ALL PENDING CASES OF CENTRAL EXCISf _______ ----i ----------------,---------,---------,---------:-:----~-------1

Period Ap1iellatc Contingrn ! Is. I Number & date of the Order No. I appealed against und Show Cause

I 16. i I

i ! I

i

notice

! of maintainability. Department may i approach to Supreme Court.

I

C. No. Y(29) 15-20/Adj/ADC/15-16 dated 06.08.2015 (Nira), Reply filed.

i PH attended on 26.07.2016. Demand confirmed \ ide 010 No. PUN

! EXCUS-003-ADC-OO 18-016-17 Dated 30. l 2.2016 received on 07.0l.2017. Appeal filed. Hearing

, attended un 30.05.20 l 7. Appeal I rejected vide OIA No. PUN-

,~;~TAX-OOO-APP-067- l 7- l 8 Dated /,("'-" ~~Ji!'ar.~ Lk,~t:~-2017. Appeal 87229/ l 7 filed

//!'.;;;.~ '[__ : w~~~ CESTAT on l 9.09.20 l 7. :' ·- :::' ·i.L ·'~ f-:liiti:i-0\awaited. I( ~: \'·!'1 ~er- '~-Appeal No. 132-S T/MRT-

. · 11/iQJ' · dated 29/05/2012 by the Comrfrissioner (Appeals), Central

; " ' ' . Excise. Meerut-11. R~v1s1on

application no. F. No. 195/1120/12 filed and reply to deficiency memo filed on 0811 l/2012. R.A. allowed vi de Order No. 665-666/2018-CX dt. 07. 12. 1 8 .. Application for refund of interest of Rs. 813023!- tiled.

l''ature of Dispute

Differential duty 011 depot sale and interest

Interest sought on delayed payment of rebate claim filed under Rule 18

Authority t liability include penalty, , interest

etc.

I (in Rs. 1 Lakhs)

-----+----------j-1

01 .08.20 l 0 to ' 31 .03 .20 I

2006-07

CESTAT. Mumbai

GOVT of India -Revision

I

4.02

I

I I u r10o-1

i I !

I

1----t-------------------;---------+-------t-------T-- -------1 18. SCN No. 03117-18/Deputy Demandof Julyl2to CESTAT. 2.10 :

Cornmr/2017-18 dated 19.05.2017 Service Tax March 15 MUMBAI (Arnbernatii N34). Reply filed on on Notice Pay 02. 11.2017. Hearing attended on 01.03 .20 l 8. Demand confirmed along \\ith interest and penalty of 25% vi de 010 No. 2/Y JI AC/20 l 7-18 786 Dated 27.03.2018 received on 27.04.2018. Appeal No. Y2(A) 108/ Appeals Thane/20 l 8-19 Ji led on 20.06.2018 for excess penalty impoo;;ed. Hearing Scheduled on 06.12.2018. Hearing attended. Commissioner (Appeals) confirmed the demand with equal penalty and interest vide Order In Appeal No. PVNS/416/APPEALS THAN E/TR/2018-19/502 Dated

06.02.2019 received on 25.02.20 J 9. ___ L Appeal filed on 09.05.2019. C EST AT vi de letter _d_a_te_d~-----~---------'--- ___ __J

53

DETAILS OF ALL PENDING CASES OF CENTRAL EXCISE

Number & date of the Order I appealed against ~nd Show Cause I

! notice

s. I •No.

Nature of Dispute


I Contingen [ t liability ' include

penalty, interest

etc.

!

I :

I 19.1 SCN no. F. No. V(RC)K-1 : IV/Jubilant/126/2012/1913 dated

I • 28/06/2013. Demand dropped vi de

Recovery of rebate claim (Ambernath)

Feb-12 GOVT of India -Revision

m-j 010 No. 21/2015-16 dated

I 16.10.2015. Department in appeal.

I Hearing attended on 22.12.2016. Dept Appeal disallowed vide OIA

I No ST/24/Th-1/2017 Dt 1010212017. i

I

I I

Department in Appeal vide Appeal No. E/86163/17-MUM Dated 08.06.2017. Hearing on 29.09.2017. Hon'ble CESTAT vide Order No.

·:-.=- eld that appeal is not maintainable j /90145/17/SMB Dated 2909.2017

/,-~ H ,, 1 ?'~,' 1 L ~can be filed only before the I

//;,,:' ~i<> ,~ i ~(is\ma1-y authority. _ Liberty 1

f.i.§-... 0,0 · ~i ·~·~ . gtb . 1 to depa11111e11t to llk appeal : - I'\'\ 'l .. I . I

·\ ::~· )\Wisibn application filed by the I \ .\ . . · · .. , ~¢.e-AArtment. Notice F No I ·->\~_ lr,'.:\'. .1~~737/WZ/18-RA/419 dated 21 s .._ I

I

: i ,. ·.,.,~>~~· e. or&,!. rev1s1onary aut ionty. I

-f::~'.~;:1.:=::::zo18 issued under Section 35EE. I

>-I --+l-R_e~p~ly_fi_ile_d_o_n_0_6_.0_6_.2_0_1_8_. ____ _,____ __ ----+-------+-----~-- I_ _,, ____ .,

I

20.1 ShO\\ Cause Notice No. F. No. Date of Assistant 1 () IV( I O)RC-012/BMT/2018-191725 reversal/depos Comm issione

I j Dated 15 June 2018 received on 26 it should be r, Baramati. II I July 2018. rejecting refund claim of date for Pune Ill

1 I Rs.2.80.673/- in the matter of 11011- claiming

I reversal of cem at on claim of refund instead I insurance filed in respect of loss of of date of

1

1

capital goods. Reply submitted on order 04.09.2018. Hearing attended on

I ~ 07.09.2018. Order Awaited. i--------+------------f-----+----l-·--1-----

21. SCN No. V ( 15) Adj I Jubilant I 441 Cenvat Credit June 2012 CE STAT, 348.54 · 2017/3535 dated 29.05.2017 denied on Air to Feb Allahabad (Gajraula). Reply filed on Cha1ter 2017 14.09.2017. Demand dropped vi de Service OIO No.02/JC/MEERUT/2018 Dated 20.03.2018 received on 19.04.2018. Depa11ment fikd an appeal No. 158-CE/APPL-

i 1/MRT/20I8 Dated 11.07.2018 1 received on 03.08.2018. Cross ' objections filed on the date of

hearing - 12.02.2019. Commissioner : (Appe;ls) rejected depa11me11t

--~----

54

I I

I I

I

---~I

s. I No.

I

------~-·----·-----·

DETAILS OF ALL PENDING CASES OF CENTRAL EXCISE

Number & date of the Order appealed against and Show Cause

notice

• appeal vide OJA No. ' MRT/EXCUS/000/APPL-, MRT/69/2019-20 Dated 30.05.2019 : received on 13.06.2019. Department

filed the appeal (E/70656/2019-EX [DB]) with Hon'ble CESTAT

I Allahabad. Cross objection is being filed.

Nature of Dispute

Period Appellate Authority I Contingen I

t liability I include 1

penalty, I interest

etc.

(in Rs. Lakhs

I

I

l~\~---'-~~-A-m_o_u_n_t-(R_s_._i_n_L_a_k_h--)---+-~~~--t----~-t-~~iJ01.oo I

~----==:::------------=-:::-::~:::-:--:::-;=-::::~:-:=:::-:::--:-::::-;::-;~--r----------- ·---·-·-- -- ---··---1 PENDING DISPUTES (GST) _ I

f----,..t;..;..-\<U"'-..;,;u~~..---------,------N--, a--t--u--re_o_f __ d __ is __ p_u-te_/_D_e_t_a_il_s ---.,--J--u-r1-. s---d--ic-,t--i o __ n __ a_I/ Appellate Con tinge n tl Authorit~ liability I

include

>-----~-+-1~-___,,0.,,----+--.--____,..----+-----------------r-------------' !1enalty, I , To mterest

I. Gajraula (UP)

'· Gajraula (UP)

l\'.ar-18

J Llll-

18

Mar-18

Jun-18

Notice No. 2602 dated 19.03.2018 issued on seizure of goods, on vehicle details not filled up in part 8, Reply filed. Tax and penalty imposed vide 010 No. 2612 dated 23.03.2018. Goods seized and released on pay111ent of Tax of Rs. I ,39,865/- and Penalty of Rs.1,39,865/-. Appeal filed on 18.04 .20 I 8. PH completed on 28.02•19, Appeal rejected vide Order no. I 080 dated 25.03.19 received Oil 03.05.19. Writ filed on 26.08.19 in High Court and listed for hearing Oil 18.09.19 adjourned for 16.10.19 no\\ fixed 13.11.19 Notice MOV-07 No.1819060783042055 dated 28.06.2018 issued on seizure of goods not carrying e-way bill with goods, Reply filed. Tax and penalty imposed vide Order dated 01.07.2018. Goods seized and released on payment of Tax of Rs. I, 744 78/and Penalty of Rs. I, 74,4 78/-. Appeal filed on 01.08.2018. PH attended on 29.05.19.

Additiolla I Commissioner. (lrade-2, Division-V. Ghaziabad has not accept<.:d our appeal and passed order against .Jubilant.

Allahabad - High l 'ourt

Additional Commissioner-A pre al. Grade-2, Aligarh has not accepted our app._·al and passed order against Jubilant.

etc. (in Rs. Lakhs

2.80

3.49

I

PH again fixed on 24.07.19 fu11her extended I on 31.07.19. PH done 31.07.19 Appeal i

1 Order no. 111/ 16.08.19 disallowed. I 1

--~i __ N_' i_ra_---i-J:-a--n-+D=--ec-+-::S.:...i x~S::.:.c-~:.:.::N:.:.N__:__:_o..:.:.' s-. .:..:D:::.:C.:::..S:::..T:..:/..::..E...::-6:..::1::.:0:.:../G'..:.'...:.S~T~----+-D-e -L-1 t Comm i ss ~ 1 n er of O. 00 i ---- - -·--~--~--J

55

' '

!

:!State Tax, PUN-YAT-E-I (rvl·ohacashtrn) 18 18 Re:lund/RFD-08/20 I 9-20/B 802 to 807 issued on rejection of refund claim filed 610, (L TU - 1) Pune under Rule 89. No financial impact.

I

I I

i

i

i

I i I

!

I I i

Sr i I

Sr. No.

l

2

-

TOTAL TOTAL

I

I

i I I I

I I '

Location

Period

From To

2012- 2012-13 13

I I I i

I I

Nature of dispute

TOTAL-

'Adjudicating/ Ap pellate Authority

PENDING DISPUTES OF STATE EXCISE

Period Nature of dispute Con tinge nt liability

From To (in Rs. Lakhs)

GAJRAULA l 982-83 2003-04 Refund of FL 39 Fees ~aid l .520.64 and covered under BG

I ~AJRAULA 26-Jun Levy of Import fee on 900.00 import of Denatured alcohol into UP

56

I

I I

I '

_______ , I I

l)c\. 76 I

I I

I I

767.22 I -

Court/Appea I

Supreme I Court - i SLPIC;\ I

( S tm_e) I I Supreme

Court - I SLP'CA I

I (State)

I I I

·- ___ _____J

-

I

I

6.29 ' i

r-- . I ,Sr.; I ~o.

Location

I J NJRA

NJRA

I

!

'

I I

'

I


I Period 1 Nature of dispute

1------------~I I

I

I

f Con tinge

nt liabili!y (in Rs. Lak1.!s)

Court/Appea I

From To

I Fen-02 Sep-19

I I I

'

2002-03 2003-04

I

I

I

I Transport fee on rectified spirit & molasses on capti\ e consumption.

3.055.1 J ! Supreme

II Court -. SLPICA

(State) I

Transpo11 fee on ENA (A/C UB) High court order in our favour. Govt of Maharashtra filed SLP. Counter filed. Matter taken up on 06.12.2017. Matter to be I isted after connected matter (service of Respondent No 2)

Pending before the ~ (

Chamber Judge is decide. Matter was listed on 19.03.20 I 8 in Court No. 9 as Item No. 12.1 before Chamber of Hon'ble Mr. Justice S. Abdul Nazeer.

0.00

Counter Affidavits has ' !

been filed by the i respondents in connected I matters SLP(C) 387012012. 387112012 I

Supreme Court -SLP/CA (State)

i

Jst~RA 2004-05 Sep-19 -----+-------+--------1-a_n_d_3_8_7_3/_2_0_1 _3 ·----+-------t-- ____

4

Transport fee on ENA 0.00 I Supreme

I I

I I : I

I i

i 6 NJRA ! I

2005-06 Sep-19

' I I I I I I 7 NJRA

~ GAJRAULA 2004-05 Sep-19

(AIC UB) High court I Court -order in our favour. Govt SLPICA of Maharashtra filed SLP. I ( St<1te) Counter filed. Matter

f taken up on 06.12.2017. Matter to be listed after connected matter (service of Respondent No 2)

i pending before the Chamber Judge is decide. Matter was listed on 19.03.2018 in Court No. 9 as Item No. 12.1 before Chamber of Hon'ble Mr. Justice S. Abdul Nazeer. Counter Affidavits has been fi lec.J by the respcndents in connected matters 387012012.

SLP(C) 3871/2012

I I

I and 3873/2013.

Im port fee on Denatured alcohol in Maharashtra (NlRAJ

0.00 --------1

Export fee on Denat~JJ'ed alcohol in Maharashtra (NIRA)

:\fo111bai High Clll1rt/Writ

I I

Pet it iun I ___ _j

from I 0 paisa to 15 paisa. H ig Increase in denaturing fee 323.38 Alla11li-abac:~j

f May 2004 onwards. courtiWrit L ~-----___J_ ____ _t_ ____ __J __________ _L _____ _L:_P~et'._'.i_:_tiLln

';-.7

! Sr. : Location I

No.i

i 9 i NIRA

i


~riod

I From To

Nature of dispute

2016-17 2016-17

Continge nt liability

(in Rs. Lakhs)

0.00

Court/Appea 1

I

Non applicability of the Mumbai Proh i bi ti on Act & Denatured spirit rules on import/export of denatured alcohol

/'vlumbai High Cuurt/Civil Appli-:ation

I '. i i~-*_G_A_J __ R_A_U_L_: _2_0_0_7_-0_8--+--2-0_0_7--0-8--+-C-i v-i-1 _A_p_p_e-al_N_o .-1 5_1_o_f-+----O-.-o-o--+--s LI r;~~;,~-1 ! A 1 2007 [State of UP & Ors. Cuurt -

Vs. Mis. Lalta Prasad I S!.PtCA Yaish]. Jubilant Ried (State I lrnpleadrnent application

I and it was tagged with the

~------~----~ _____ _,_C_A_I 5_11_2_00_7_. ____ -+-----+--- -------------1 !II *GAJRAUL i2016-17 Sep-19 lmportfeeonimportof 874.16 IHighCourtot" 1

f A I denatured anhydrous Delhi. Writ !

j i alcohol into Delhi f Petition /

~12-; 'GAJ RAUL I 20 16-17 130 License fee on supply of 74.62 i\ l lahab;ci--1 I

1

A Sept, 19 denatured anhydrous High '"--- I

( ~~~;~nie:o w~t71~1 ~i~ ~)~:\';~~1~rit 1'

/ state of UP [levied @ 15

13 I *GAJRAUL IA

I,

Supply of DAA to Delhi and Harayana

Jan. 2017 Jan.2017 paise per BL] Ii

Export pass fee on supply 5.08 Allahabad of denatured anhydrous High I alcohol outside the state of et1urt1Writ 1

UP [levied @ Re. I 'per BL]

Petition -disposed off

Department SLP Supreme Court - SLP

::t::;;;::::;:t:::-;:;::~~-;-;-;-----i~~::--;-;:;-----t·~----+-------------+------+--~(S_·t_<it_e~J ___ ~I

'~'~ ~it~; -;;- AJRAUL 2016-17 30 Export pass fee on supply 508.72 AIL1habad I ' ,~ • A • s t I 9 f d d I d H '"' 11 ! i/'js_, ,::::, aw T1 0r.. \. ep . o enature an iy rous ~

ii.:, ·.'.·J 0/ \ alcohol outside the state of I co~rt/W rit rftu--' < ·~s, c» . -.~ ~; . : ._,., !PPif. I of UP [levied @ Re. I per Petition ··,;.·.-.~. "~~·;::DA.A to BL] -dis1loscdoff .. , . " +r- I

··.: ~:. . ?',. 1*f~l~ .1 and \ · .. ·' "1.J n°'-Q.' I ·•. . ___ ,';'11N' ana

",.:··. .-·1·.- <r~?\·./; ·. .\.; ,-;~;·:.;:,,.'

C- -··

I

If ....., I Deparlment

', SI .P Supreme 1

1

I

I M~- , -1

Cuurt - SLP f

(StatcJ _ __j ~I .)---+-IG_A_J_R_A_U_L_A__,__2_0_0_5-06 :._J_ 0_0_5_-0_6 _ __,__P_D_-2 ___ 1_ic_e_n-se ___ fe_e--+---2-8--. 7-0---+--S~. L-1 p rem e ·

1

demanded. High court Court -

16 Gajraula

I

I

I order 111 our favour. SLJ"CA :

I st March 12th Oct 2017 2017

Refund of PD-2 License Fee filed. Government of UP filed SLP Refund of import fee paid on supply of Denatured Anhydrous alcohol in the state of Punjab & Haryana from Gajraula (UP) flevied (ii Re.2 per BL]

58

102.80

(State)

Comm issione j

1 '.·. Stute ! Exci.;e.

Panchkula

i

! r- -

I

Sr. No.

Location

i ' I iu: NIRA I :

I

PENDING DISPUTES OF ST ATE EXCISE

Period Nature of dispute

From To

• 2017-18 2017-18 Nira Plant - Distillery of Company received a Show Cause Notice bearinu No DYS/MSEC/2017/101'92! I I dated 09/0I12018 issued by the Commissioner of State Excise. Mumbai proposing to rnncel Company's Licenses (Form-I and DS-1/5) under Section 21 ( c) & Section 67 of the Maharashtra Prohibition Act, 1949 for export of 75,000 B.L. of Absolute Alcohol to Mis. Piramal Enterprises Ltd in Telangana State after mixing of I% Methanol as a Denaturant alleging t1iat the said export was without proper approval. Despite the Company duly filing its Ri:ply on 22/01/2018, as well as making written arguments during Personal Hearing on 22/02/20 I 8 and additional submissions filed post PH on 27/02/2018. fhe Commissioner of State Excise, Maharashtra vide Order No. DYS/MSEC/2017II0192/ I I dated 3rd March 20 I 8 cancel led the Licen;es, and a team of 18-20 Excise Officials searched the Nira Factory same day and sealed the operations of the Distillery. Vi de Order dated 0910312018 the Commissioner also rejected Company's application balance 75,000 B.L. of Absolute Alcohol to Mis. Piramal Enterprises Ltd in Telangana State after mixing of 1% Methanol as a Dena tu rant.

' The Company immediately took the following actions:

',~ C onti~ge -j~on rt/ Ap pe~ nt liability I

(in Rs. Lakhs

0.00 Tlie Minister of Stale hcise. Maharashtra State. Mumbai

Jl\IFC, Sas wad

The High Court of Bombay

The High Court Pl Born ha)

I. Filed an Appeal on i I 05/03/2018 against this I

L__ ~------L-____ L.., ____ __.._O_rd_e_r_L_11--=1d--=e_r_S.=...e.=...c:_:ct.=...io_:_n:..___:_l.=...3--=7_j_ __ -~---·---J

59

, Sr. Location No.


Period Nature of dispute

From To

' the Maharashtra Prohibition Act, 1949 before Government of Maharashtra. The Home dc.pa11ment, Government of Maharashtra has stayed the operation of Order of the Commissioner dated 3rd March 2018 until fu11her orders vide Stay Order No. DYS 0318/CN 58/EXC-2 dated 06th March 2018. Fi nil I hearing of the appeal before State Go\ ernment is completed on I 014/2018. Final Order 1s pend(ng. 2. The Excise Depa11111ent filed an FIR 107/2018 011 04103120 I 8 pursuant to which Mr Nishikant Natu GM was arrested on 4103120 I 8 and released on bail on 07/03/2018 by th~ Judicial Magistrate FC, Saswad cow1. Since Directors were also named 111 the FIR, Anticipatory bails have been obtained on 20103120 I 8 from the Sessions Court Pune. Excise department is yet to file the charge she~ in the Case. 3. The Company has also filed a Criminal Writ Petition I 180/2018 1n Mumbai High court seeking quashing of the FIR (criminal proceedings) initiated, which petition is pending, and posted for hearing on 19/03/ 18; 02/04/l 8; 11/04/18; 20/04/18 ' 23104118 and 0310512018. As per order dt 3rd May 2018, next listing date is 2810512018 but fresh

1 cause list issued <rnd matter has been adjourned 111 Cause List till 20/07/2019. Matter was Ii sted but not reached on 131081:'.019. Matter was listed on 3/08/2019, I I 10912019 but PP was not available and this has been adjourned to 25/00/2019. On

~ :.11 ~ D f - --~-~-rv;= a

Continge Court/Appe· nt liability I

(in Rs. / Lakhs) ~

2510912019, 17/10/2019 __i_ _____ --L _____ .l_ ____ ___J_::_::.:....::.~:.::..:.~-~~...::_::~_J_ _____ _L _____ ·-·-·--j

60

PENDING DISPUTES OF STATE EXCISE ~~-----~----------r------------.--·~---,--~--~-

1 Sr. I Location 1

I 1

I No. I i I

I I ! I,

18 Gajraula

Period

From To

Nature of dispute

111 atter was part heard. Next date 2/12/2019. 4 A Civil writ petition has also been filed on 1910312018 against the order of Commissioner before the Mumbai High court challenging the order of Commissioner. Jubilant has taken decision and allowed it tv be rejected. The Peti•ion has been rejected on 2nd April 2019.

20 March, 30 Lev) of Administration i 2018 Septembe fee on sale and supply of 1 r. 2019 molasses [levied@ Re.12 I per QI.]. Writ is filed by I I U.P. Disttiler Association

Con tinge nt liability

(in Rs. Lakhs)

222.97

Courl/Appea I

Allahabad High court (l.ucknov, Bench)

I I (UPDA) on behalf of its i [ ' members. Jubilant is a

r---+' -----~lr-----·-------+-'-11_e_m_be_1_· o_t_' _U._P_D_A_. -----+--------+-- __ .. _ .. _____ _

I

I

19 ! NIRA I Septembe r. 2015

~20 ' Gajmda 2004-05

I

21 Gajraula 20 I 1-12

Feb. 2018

2004-05

2011-12

Procedural issues relating 0.00 Tile

I

storage of Molasses (\ll/ector. St<1le Excise.

I Pune I I , ( l'vlaharashtra

11' --~--__J__L_ Regulation of denatured 0.00 Supn:me

1 and special denatured Cuurt - SLP I spirit. writ filed on

1

(St;1te) principles. The Hon'ble High Court in its order Dt 031081201 6 relied on the decisions of Supreme Court in State of U.P. Vs. Varn Organic Chemicals Ltd. and Synthetics and Chemicals Ltd. and has taken a view that the Rule 5(1) (b) and (c) of Rules, 1976 travels beyond legislative competence of State as they are ,not regulatory in nature, and are otherwise ultra v1res and struck down the said rules. Accordingly, the

I matter has been dis posed off in favour of 1:1e Companv. District Magistrate of State Excise UP required the Company to take MA 2 license (and proposing to cancel MA 4 License)

0.00

.....

Alluhabad . High I court/Writ I Petit iun

·l under the UP Poison rules. ~ i The OM alleged that \ under M.A.-4 license the I Methyl Alcohol cannot be purchased from out~ide f

-~-----~-----· --·---~

61

-~·· i'L PENDING DISPUTES OF STATE EXCISE

r-·S-r-.--L-oc-·a-t-io-n--1,_---P-e_r_i_o_d_ Nature of dispute Con tinge nt liability

(in Rs.

Court/Appea I No.;

From To , ~~s)

f---~-----f------+-----+,------,:--,---,-t----__L-t--··----the State of U.P. and

22 I Gajraula I

: I I I ' ' I

~: Nira I

i

i I

I

!

2018-19 30 Septembe

r, 2019

2018-19 2018-19 I I

i

I

Methyl Alcohol can be brought from outside the State of U.P. only under M.A.-2 license. The Company had filed stay and Writ Peti~ion

challenged the legality and \ alidity of the Order dated 12/02/2012 passed by the District Magistrate on various grounds and sought for relief to quash this Order. Import fee on import of denatured anhydrous alcohol into Rajasthan from Gajraula (UP). f levied (Ci) Re. I per BL l A show cause notice has been issued by the Commissioner of State Exe ise. Maharashtra alleging violation of 'the condition Nos. 21 and 26

20.24

0.18

Rajasthan High Court, Jaipur Bench

Th'-· C\1111111 i ss ione r State

...._ I L:-.cise. ' i Maharashtra

I of the Licence in Form"!' 1

I granted under Rule 3 of I

II

the Maharashtra I

Distillation of Spirit and I Manufacture of Potable I

Liquor Rules, 1966 1

1

I'

proposing cancellation of "Form-I" under Section I I 54( 1 )(c) of the

11

I Maharashtra Prohibition Act, 1949. I I

---+-----+------+--C.--------+-7,636.62T~=·=-!l_-~

62

YI !"-

i

_<) c_ H E_.1) U LE - 2

HSB CORPORATE CONSULTANTS PRIVATE LIMITED Regd. Office: Plot No. 1A, Sector 16 A, NOIDA- 201 301, UP, India

Tel:+ 91 120 4361000; Fax:+ 91 120 4234882

Email: [email protected], CIN: U74120UP2013PTC054821

SCHEDULE OF ASSETS of HSB CORPORA TE CONSULT ANTS PRIVATE LIMITED (Transferor Company #1), CIN# U74120UP2013PTC054821, and having its registered office situated at Plot No. lA,

Sector-16A, Noida, Gautam Buddha Nagar, Uttar Pradesh - 201301 to be transferred to and vested in

Jubilant Life Sciences Limited (Transferee Company), CIN# L24116UP1978PLC004624.

FIRST PART Short Description of Freehold Property

Particulars of Land: State District Taluk/ Survey No./Khasra No. and sub- Area (hectare/squi;tre

Village division No. or other identification metres) No. e:iven for revenue purposes

----NIL -

SECOND PART Short Description of the Lease Hold Property

State District Taluk Survey and sub-division No. or other Area (hectare/square identification No. given for revenue meter)

purposes ----NIL ---

THIRD PART Short Description of Stocks/Shares/Bonds/Debentures, Fixed deposits held and other charges in action, as per details given below:

Sr. No. Particulars I. Investment in Equity Shares of

> .jr t .:1 .F. i'<.,<: ... , Jubilant Life Sciences Limited ~ Ld ii' f . '/ ''\

\, • r, <?<::

~- \.. Q · .. :... I)) :~, '_:···:~-- 4( •Jl+vestment in Preference Shares

·' _.-_ ,;~·/ ~

UI ,<;. c\ /intangible Assets ... • .1 ~ ,~'/j~~ ,. -" .. . .

For HSB Corporate Consultants Private Limited

1V ... <-

~I Takesh Mathur o.. \

Director 0: \ O_\

v

DIN: 00009338

Address: Plot No - lA, Sector-16A Noida, Uttar Pradesh - 201301

As on December 31, 2020

No. of Shares Total Value 1,95,05,979 I Rs 46,37,2 J .069.02

(Cost of Investment), face value Rs. I/- per Share,

----NIL - ---:.NIL -

----NIL - ----NIL --

..... L ...... , ------~-~ .. --~·""···-

,,,, ! ' ., .

:f L1

_sc_.HE-3> ULE~-3

SCHEDULE OF ASSETS of JUBILANT STOCK HOLDING PRIVATE LIMITED (Transferor Company #2), CIN#

U52100UP2008PTC043688, and having its registered office situated at Plot No. lA, Sector-16A, Noida, Gautam Buddha Nagar, Uttar Pradesh - 201301

to be transferred to and vested in Jubilant Life Sciences Limited (Transferee Company), CIN# L24J.16UP1978PLC004624.


Particulars of Land: State District Taluk/ Survey NoJKhasra No. and sub- Area (hectare/square

Village division No. or other identification metres) No. given for revenue purposes

----NIL -


State District Taluk Survey and sub-division No. or other Area (hectare/square identification No. given for revenue meter) .....

purposes ----NIL --- .


Sr. No. Particulars I. Investment in Equity Shares of

Jubilant Life Sciences Limited

\ Takesh Mathur !'\.--Director

DIN: 00009338 Address: Plot No - lA, Sector-16A

A J bit t Noiifo, llttar Pradesh - 201301

u an Bhama Company

--- OuRVAWES ---

Jubilant Stock Holding Private Limited Corporate & Regd. Office : Plot No. I-A, Sector - 16 A. Noida-201 301. U.P., India Tel:+91 120 4361000 Fax:+91 120 4234882 CIN: U52 l OOUP2008PTC043688

No. of Shares 2, 15,02,992

----NIL-

----NIL -


Total Value Rs. 1,54,33,97,353.19 (Cost of Investment), face value Rs. I/- per Share

----\/IL -

----NIL --.

'·

.>' L.,

-q~ ~CH £-1) U L G - lJ SSB CONSULTANTS & MANAGEMENT SERVICES PVT. LTD.

Regd. Office: Plot No. IA, Sector -I 6A, Noida - 20I 30I, UP, India Tel.: +91 120 436IOOO, Fax: +91 120 4234881, Email: [email protected], C!N: U74I20UP2013PTC054823

~

SCHEDULE OF ASSETS ofSSB CONSULTANTS & MANAGEMENT SERVICES PRIVATE LIMITED (Transferor

Company #3), CIN# U74120UP2013PTC054823, and having its registered office situated at Plot No. lA, Sector-16A, Noida, Gautam Buddha Nagar, Uttar Pradesh - 201301

to be transferred to and vested in Jubilant Life Sciences Limited (Transferee Company), CIN# L24116UP1978PLC004624. -


Particulars of Land: State

State

Ill.

··,

District Taluk/ Survey No./Khasra No. and sub- Area (hectare/square Village division No. or other identification metres)

No. e:iven for revenue purposes ----NIL -


District Taluk Survey and sub-division No. or other Area (hectare/square identification No. given for revenue meter)


THIRD PART

articulars vestment in Equity Shares of bilant Life Sciences Limited

Investment in Preference Shares

Intangible Assets

No. of Shares 2, 19,34,665

----NIL -

----NIL -


Total Value Rs. 55,74,76,571.01

.. (Cost of Investment), face value Rs. I/- per Share

----NIL -

----NIL --

Fo s'S,B Consultants & Management Services Private Limited

~ Goyal

f"V Director DIN: 05275246

Address: Plot No. lA, Sector 16A, Noida, UP

:} b ~CJ1£;'-~ U LE-5 JCPL Life Science Ventures and Holdings Private--~imited

Regd. Office: Plot No. 1 A, Sector 16A. Noida, Gautam Buddha Nagar, UP 201.:,01, INDIA Tel.: +91-120 4361000, Fax: +91 120 4234881 -

Email: c;orporate enpro$j_elli£om, CIN: U74999UP2016PTC087833

SCHEDULE OF ASSETS of JCPL LIFE SCIENCE VENTURES AND HOLDINGS PRIVATE LIMITED (Transferor


to be transferred to and vested in Jubilant Life Sciences Limited (Transferee Company), CIN# L24116UP1978PLC004624.


Particulars of Land: State District Taluk/ Survey NoJKhasra No. and sub- Area (hectare/square


----NIL -





Sr. No. Particulars _-1---, Investment in Equity Shares of SSB

q~iR[ sultants & Management Services ~- r1 te Limited

<;:,

No. of Shares 10000

5000


Total Value Rs. 1,00,000/- (Cost of Investment), face value Rs. I 0/- per Share

. (.

Rs. 50,000/- (Cost of Investment), face value Rs. J 0/- per Share . \

----NIL--- ----NIL-

II I. Intangible Assets ----NIL--- ----NIL --

F\~-J~.PL Life Science Ventures and Holdings Private Limited

\t ' . fl Parveen~ar Goyal · r£"' Director

DIN: 052752 ',y Address: Plot No IA, Sector 16A, Noida, UP

.,. !,;..

i--1- _s L_H [;_:]) L\ LE - b JSPL Life Science Services and Holdings Private Limited

·'

Regd. Office : I A, Sector- I 6A, Noida, Gautam Buddha Nager, UP - 20 I 30 I. India Tel.: +91 120 4361000, Fax: +91 120 4234882

Email: [email protected], CIN: U74999DL2016PTC087691

SCHEDULE OF ASSETS of JSPL LIFE SCIENCE SERVICES AND HOLDINGS PRIVATE LIMITED (Transferor


to be transferred to and vested in Jubilant Life Sciences Limited (Transferee Company), CIN# L24116UP1978PLC004624.


Particulars of Land: State District Taluk/ Survey No./Khasra No. and sub- Area (hectare/square


----NIL -





Sr.No. I.

Particulars Investment in Equity Shares ofHSB Corporate Consultants Private Limited ·~

In estment in Equity Shares of ilant Stock Holding Private

L"I ited

No. of Shares 10000

5000


Total Value Rs. 1,00,000/- (Cost of Investment), face value Rs. I 0/- per Share

Rs. 50,000/- (Cost of Investment), face value Rs. I 0/- per Share

',\ .:V-__.a":-~T:lhff--------------+--------+---·---------1

-~·- :.<. vestment in Preference Shares ----NIL --- ----NIL'---.. .-,,

Intangible Assets ----NIL ---

F \-,JSPL Life Science Services and Holdings Private Limited \

\

~ l

~ P~rve; ~oyal r-v- D1rector'~~~ ... ~"\S

DIN: 05275246

Address: Plot No lA, Sector 16A, Noida, UP

----NIL ---

~ .,f.JBIIANr

I;_ IFESCIENCES

SCHEDULE OF ASSETS of Jubilant Life Sciences Limited (Transferee Company/Demerged Company),

CIN# L241 l6UP1978PLC004624, and having its registered office situated at Bhartiagram

Gajraula, District Amroha, Uttar Pradesh - 244223.

to be transferred to and vested in

Jubilant lngrevia Limited, previously known as Jubilant LSI Limited, (Resulting Company),

CIN # U24299UP2019PLC122657.


Pa11iculars of Land: State Distrh:t Taluk/ Sun•ey No./Khasra No. and sub-

Village division No. or other identification Nu. eivcn for revenue purposes

Maharashtra (a) i\ira, Nimbut and Gulunche Distt Pune Maharashtra I Free hold)

I SI. Village GAT '.\'o. /Hissa Area in

I '.'lo. where Nu. Sq. Mtr.

I situate

11 Nim hut 20/1 35800

I I I

I I 20/2 35800

----=::: 71600

~1r, ~~ I\ Nim but 20/3 26400

Li!t4 (/'.."'/ /6~ ~ ''% ~L ~ .\' ~ ..;.

·.-\'..~ '-~\t...\.\,

),,,. '

..... }/ :s I Gulunche 73 14700 ('~

fl'" . .,;. # ~// Gulunche 73 14700

~~ ~· < ~·/ t~~~

/'.

Alia'" /5 Gulunche 126 14000 ----.........

6 Gulunche 126 14000

I 7 Gu lune he 126 14000

i

18 Shi vtakrar. 32K/4K 4600 Nira

I 31 A/I/Iii 7400

31 A/1/l/2 1800 9 Shi\ takrar, 32A/4C/3/4/I J\ 3900

Nira

A Jubilant B

---Ou

hartia Company

RVAWES

ubilant Lif cien e S ces 1-A, Sector 16-A, Noida-20 I 30 I, UP. India Te\+91 120 4361000 Fax +91 120 4234895-96 www.jubl.com

1ted um·

Re!!;istry nu. Date uf Registration

3173/2002 26/06/2002

3172/2002 26/06/2002

95 16/02/200 I

3017 13/12/2000

3019 I 3/ 12/2000

3020 I 3/ 12/2000

3021 13/12/2000

1996 30/09/1999

1994 30/09/1999

Area (hectare/square metres)

Remarks

Purchased by Mr. S.N. Singh Yidc doc. No. 3465. Mutated in tht: Name uf' Mr. S.N. Singh vide no. 2915 Pt:rchased by Mr. S.N. S.ngh vid.: doc. No. 3466 .

.

1

M"""' ;,><he N"moof Mr. S.N. Singh vide no. 2916

Purchased by Mr. V B Burse vide doc. No. 3464. Mutated in the Name of Mr. V .B. Borse vi de no. 2914

-Mutated in the name of Seller vi de entry no. 905

Mutated in the name of Seller vide entry no. 1436

Mutat<:d in the name of Seller Yide entry no. 1436

Mutated in the name or Seller \'ide entry no. 1436

Purchased by Polychem through conveyance deeds dt. I 0.05.1990 LJ - ~~sg~,f-~

V I""·" 1!z -v ~, \~~' ,,,!.~ ~ .,,, * o/

Read Office: --'O

l3hartiagram, Gajraula Distt. Armohci - 244 225, UP India CIN. L24 I I 6LIPI 978PLC004624

~' !, ..

I 10 Nim but 25/2 & 26/2 & 1664 05-07-1999 Mutation in the name of

I Nim but 27/2 & 32/2 1664 05-07-1999

Polycliem by mutation

I entry no. 4911

i Nim but 1664 05-07-1999

Nim but 1664 05-07-1999

Nim but 1664 05-07-1999 Tllll!fl'l ~i:/Z%'2

11 Nim but 24 19121 1664 05-07-1999 12 Nim but 22 23067 1664 05-07-1999 Mutation in the name of

I l'olychem by mutation entry no. 4910

...._ ,

13 Nimbut 29 23573 1664 05-07-1999 Mutation in the nam.: of

Nim but 3n74 1664 05-07-1999 ~ Polychem by mutation entry no. 5125

'ia~~ 14 Nim but 30 & 31 52103 1664 05-07-1999 Mutati,m in th.: name of

Polychem by mutation entry no. 5126

Nim but 3237 1664 05-07-1999 -. 15 Nim but 12/2 16895 1664 05-07-1999 Mutation in the name of

11432 1664 05-07-1999 Polychem by mutation entry no. 5128 -16 Nim but 11 3946 1664 05-07-1999 Mutation in the name of

7284 1664 05-07-1999 Polychem by mutation

5969 1664 05-07-1999 entry no. 5123 -17 Nim but 19 8094 1664 05-07-1999 Mutation in the name of Polychem by mutation entry no. 5124

' 18 Nim but 10 3642 1664 05-07-1999 Mutat;on in the name of Polychem by mutation entry no. 5122

·; ... ''' ,~I .•'

......... ~

~ 19 Nim but 28 77497 1664 05-07-1999 Mutation in the name of

·l'..-~ Polychcm by mutation .... "\ entry no. 5127 "//, \ ~ ::>

~ Nim but 45/1 114900 1664 05-07-1999 Mutation in the name of

~ ~ ~ 45/2 Polychem by mutation .I entry no. 8229 'to . 45/3 ') i;:: I

·" ,<';,/; Siflt'.llMct~l~4'.'. . '< ~/ 21 Nim but 23 3600 1664 3010911999

;,;_,; ,./' ' 22 Nim but 25/1 1000 659 11.02.2004

23 Nira 32A/4C/3/4/1 B 1400 626 07.03.2000

24 Nira 32A/4C/3/4/I A/I 200 628 07 03.2000

25 Nira 4C/3/4/I A/2 100 627 07.03.2000 26 Nira 328 400 21 03.01.2002 /"'I 27 Nim but 26/I 1033 543/18 14.05.2018 Li 28 Nim but 27/1 2002 544/18 14.05.2018

29 Nim but 27/1 3003 7026/2009 27.10.2009 M~1%'2:-, together with all structures thereon. (~( ~ /JV

~ v '> / ..

_/~ .,, ;-\\'),,

)

,-

.,,,Jf

:''..,!.,.

(II) l!ttar Pradesh

(a) Gajraula Distt. Amroha - littar Pradesh (Free lluld)

1. Pieces and parcels of land admcasuring 90124.20 situated in the revenue estate of Villages Naipura Khader & Tigariabhoor Tehsil Tehsil Dhanora, District - Amroha ), Uttar Pradesh.

Total Area Area left with "JLSL" after transfer uf land tu

Sr. Sale Deed No. and Khasra co\'ered

JIL viJe Dcmerger order Location under sale

No. Date No. deed (Sq.

dt 31.01.2012 in Co. Pet. No. 47 uf2UI I & BTA dt

Mtrs) 21 03.13 (Sq. Mtrs) -

1 Naipura Khadar 3034 Dated 29/09/1978 40 9836.64 8246.64

2 Naipura Khadar 03 Dated 6/4/ 1979 41 14734.72 26064.44

3 Naipura Khadar 02 Dated 6/4/ 1979 41 14734.72

4 Tigariya Bhoor 3802 Dated 16/1211978 226 9391.36 9878.72

5 Tigariya Bhoor 3803 Dated 161121197 8 226 9391.36

6 Tigariya Bhoor 246 Dated l/3/1979 224 15503.84 15475.39

7 Tigariya Bhoor 800 Dated 29/03/ 1979 225 20482.88 12035.13

8 Tigariya Bhoor 3483 Dated 28/08/1990 228 12346.40 10475.36

9 Tigariya Bhoor 1957 Dated 3/ I 011992 228 4128.96

10 Tigariya Bhoor 1980 Dated 11/5/1999 227 2185.92 7948.56

11 Tigariya Bhoor 1293 Dated 24/03/2000 227 6800.64

Total 119537.44 90124.20

Together with all structures thereon

11. Pieces and parcels of land admeasuring 32.77 Anes or 13.268 Hectares situated in the reYcnue estate of Villages N Kh ·1 h a1pura ader, Tehs1 D anaura. District Amroha. Uttar Pradesh.

s. Area

1'.o. Date Sale Deed No. Kbasra No. , Acres Hectares

I 06/04/1979 I 37 & 53 3.92 1.587

2 29/09/1978 3036 42.43,& 45 0.55 0.223

3 29/09/1978 3039 44 & 46 0.82 0.332

4 06/04/1979 4 47 4.66 1.887

5 29/09/1978 3035 48 3.39 1.372

6 06/04/1979 5 54 3.05 1.235

7 06/04/1979 6 55 3.74 1.514

8 19/I 0/2007 8902 106 min & 107 0.82 0.332

9 31/08/2004 4850 67 min 2.79 1.129

10 01106/2007 4587 118, 119, 100/1, 102/2 & 97 4.08 l .652

II 104/2, 106 min, 129/9, 100/2,

09/05/2007 3909 I 04/2, 120/8, 65 60 & 61 4.95 2.005

Total 32.77 13.268


111. Pieces and parcels of land admeasuring 154.28 Acres or 62.448 Hectares situated in the revenue estate of Village Ti ari ·a Bhoor. Tehsil Dhanera, District Amroha, Uttar Pradesh

s. Area

No. Date Sale Deed No. Khasra.No.

Acres Hectares

l 20/0511980 1768 135A & 1358 3.16 1.279

2 23/05/1980 1816 137 101 0.409

3 28/02/1980 546 139 0.69 0.279

4 28/02/1980 537 140 0.25 0.101

5 22/0211980 536 141 107 0.433

6 18/04/1980 1314 142 I. 53 0.619

7 I 0103/1980 660 143A & 1438 5.3 2.146

8 13/03/1980 689 145 6.95 2.814

9 28/0211979 244 156 0.96 0.389

10 17/03/1979 454 157Min & 1578 2.55 1.032

11 17/03/1979 452 158 0.63 0.255

12 19/0311979 459 159 1.29 0.522

13 17/03/1979 453 161A & 1618 1.91 0.773

14 17/03/1979 457 163 0.64 0.259

15 19/03/ 1979 458 164 0.67 0.271

16 29/03/1979 796 l65A & 1658 3.56 1.441

17 29/03/1979 794 166A & 1668 3.63 1.470

18 23/02/ 1980 489 168 & 167 6.48 2.623

19 19/0511980 1760. 170 3.5 1.417

20 15/04/1980 1239 171 5.18 2.097

··~~ 21 17/03/1979 451 223 3.52 1.425

~(;'? '\ 22 .;;,..._ 6/1 /2006 80 202 2.34 0.948

~~l 23 1/3/2006 1501 184 2.41 0.976

~ 4 -& 24 28/02/2006 1474 182 2.96 1.197 ;§> :sj; ' r{;: ' 25 : ~) // 16/03/2007 1844 207 0.19 0.076 .. ,~~ :'~..-'

26 I

l 0/5/2000 1514 144 0.58 0.233

27 I 0/5/2000 1517 144 -.I ,0.56 0.225

28 20/05/2000 2027 144 0 02 0.008 ~

I 29 28/01/2006 532 183 0.61 0.247

30 16/01/2006 280 186 8.23 3.331

31 1 /6/2007 4586 134 & 181 0.96 0.3~ /_ I

··111 ; N~, : : ) }

-';~ r-

)~ ~ %-, .y ~l/r "' ()~

y -

•·.

'iii! I... - -.-J i<L--

'1 ~~ 7/12/2005 6248 204. 205 & 210 10.68 4.323

_,_, 20/12/2005 6625 207 0.19 0.076

34 1311212005 6461 207 125 0.507

35 9/12/2005 6309 206 0.93 0.376

36 4/2/2005 544 208 7.83 3.169

37 4/2/2005 540 213 4.87 1.971

38 4/2/2005 543 176.177,178 17.08 6.916

39 4/2/2005 1016 175. 179. 180. 214 13.02 5.270

40 4/2/2005 542 231 3.69 1.495

41 15/07/2006 4700 188 2.29 0.928

42 411 /2006 51 207 0.88 0.356

43 611/2006 79 207 1.25 0.507

44 20/05/2006 3172 187 & 189 5.09 2.059

45 25/8/1990 3482 136 2.92 1.182

46 25/08/1990 3481 218 3.74 1.514

47 24/08/1990 3480 229 5.23 2.117

Total 154.28 62.448 together with all structures tht:reon.

iv. Pieces and parcds of lanJ admeasuring 95.46 Acres or 38.648 Hectares situated in th~ n:\";:-nue estate of Village Shahbajpur Dhor, Tehsil -Dhanaura, District Amroha Uttar Pradesh ·

' s. No.

Date Sale Deed No.

13/0311997 1115

2 13/03/1997 1117

3 31/03/1997 1406

07105/1997 1887

5 09/05/1997 1915

6 26/0311997 1321

7 27/03/1997 1333

8 13/0511997 2109

9 02/05/ 1997 1868

10 17105/199? 2167

11 15/0511997 2133

Ai-ea Khasra No.

Acres Hectares

628 4.48 1.814

628 4.48 1.814

618 Min, 620 Min & 623 Min 3.31 1.340

631 Min, 634 Min & 646 Mi·1 6.05 2.449

625 0.3 0.121

627 2.97 1.202

614 4.13 1.672

614 1.39 0.563

635 3.41 1.381

635 1.71 0.692

612 0.830

12 15/05/1997 2145 637 3.48 1.409

13 21/0611997 2494 623 & 624 0.15 0.061

14 21/06/1997 2493 631 Min 1.15 0.466

15 07/07/ 1997 2846 625 0.15 0.061

16 26/0311997 1322 623 & 624 0.45 0.182

17 2310511997 2226 637 0.87 0.352

18 23/0711997 3073 637 0.87 0.352

19 23/07/1997 3070 640 0.64 0.259

20 14/12/1998 5964 640 I 0.405 ......

21 14/12/1998 5965 625 & 638 '.06 1.239

~

22 14/1211998 5963 640 3.01 1.219

23 01/12/1998 5801 640 & 626 1.29 0.522

24 14/12/1998 5966 640 Min. 641 & 603 7.95 3.219

25 29/1011997 4392 701 2.47 1.000

26 29/10/1997 4393 701 1.85 0.749

27 31/01/1998 299 647 & 648 0.91 0.368

28 25/06/1998 3148 629 2.96 1.198

29 25/0611998 3149 612 4.1 1.660

30 26/06/1998 3160 632 2.21 0.895

31 26/06/1998 3159 632 2.21 0.895

32 27/06/1998 3164 631. 634/3 & 646 3.01 1.219 :-. - -. '. ,; •.. : 33 27/06/1998 3163 63 I. 634/3 & 646 3.01 1.219

'~ ·_. a1 ': I

~ 34 27/06/ 1998 3161 634 Min. 646 Min & 633 Min 3.19 1.291 ~

' c ~ ~-

35 27/06/1998 3162 634 Min. 646 Min & 633 Min 3.19 1.291 ,.. ., . ; ,, i!'

~ &~

36 I 10/12/1998 4914 335 2.96 1.198 ~I

J - 37 10/1211998 4915 335 3.08 1.247

38 22/12/1998 5100 338 1.96 0.794

Total 95.46 38,6-48


\'. La1.J admeasuring 28.904 Hectare or 71.39 Acres. situated in the revenue estate of Village Rasoolpur Khader, Tchsil Dhanaura. District Amroha. UHar Pradesh. /""-

/.cri, ·' , ,, . ·""r~-.

:~c~ ~ 1..:,:_ $ . y '?l'j i-

! .... ! .. ~ .

\

s. Date

Sale Deed Khasra No.

Area Area No. No.

~

(Acres) (Hectares)

I I I /.l/2005 2052 303 Min 0.42 0.170

2 I 1 I /4/2005 2053 304 2.40 0.971

3 11/4/2005 2054 288 Min 0.04 0.015

4 15/06/2004 2055 297 1.81 0.733

5 11/4/2005 2056 298 1.39 0.562

6 11/4/2005 2058 310 1.33 0.539

7 11/4/2005 2059 312 0.45 0.184

8 11/4/2005 2060 312 0.4 5 0.184

9 11/412005 2061 302 & 323 0.74 0.299

IO 11/4/2005 2062 302Min & 323 1.48 0.598

II 11/4/2005 2063 301 & 309 0.79 0.31.9

12 11/412005 2064 301 & 309 3.94 1.595

13 11/4/2005 2065 313 0.89 0.360

14 11/4/2005 2066 315 I. I 0 0.445

15 I I /4/2005 2067 320 1.17 0.474

16 11/412005 2068 316 1.16 0.470

17 I I /4/2005 2069 306 2.61 1.057

18 11/4/2005 2070 308 0.61 0.247

19 11/4/2005 2071 307 0.41 0.164

20 11/412005 2072 306 1.30 0.528

21 11/4/2005 2073 296 0.45 0.182

22 11/4/2005 2074 322 0.80 0.324

23 11/4/2005 2075 307 0.20 0.082

24 11/4/2005 2076 319 2.12 0.858

•'. ,_ ' --< ·. ,,-,.---

. ::::.::::~, 25 11/4/2005 2077° 318 1.34 0.543 1;_," .J{;::::~':..'- 26 I I /4/2005 2078 302Min & 323 2.22 0.897 '. 1,1'~·· . la"" -..

27 11/4/2005 2079 302Min & 323 1.48 0.598 / ~ :rt ~ \ 28 11/4/2005 2080 317 3.28 1.327 :.~~· • 'I "' -- 29 19/12/2005 6305 321. 327M & 327M 1.07 0.435 -:;· ~ - ' 30 31212003 583 333 1.55 0.628

.. I"' 'l;.f-) 31 31212003 584 332 0.32 0.131 J: ;e.

(,

32 27/0112003 =: ·,(Ir. 512 334 2.75 1.113

33 28/01/2003 534 3~6 2.93 1.186

34 22101/2003 471 340 3.02 1.222

35 31312003 1118 341 2.15 0.872

36 28/01/2003 533 341 2.15 0.872

37 28/01/2003 532 342 4.64 1.878

38 28/01 /2003 531 343 1.43 0.579

39 31/01/2003 568 345 0.62 0.251

40 25/01/2003 494 346 1.56 0.632

41 6/2/2003 612 347 1.51 0.611

42 I 2210512007 4405 324 1.19 0.482

43 10/12/\ 998 4914 335 3.08 1.247

44 10/12/ 1998 4915 335 3.08 1.247

45 22/12/1998 5100 338 1.96 0.793

Total 71.39 28.904 together with all structures thereon.

\ 1. Land admeasuring 5.56 Acres. ur 2.2253 Hectare. situated in the revenue estate of Village Fazilpur Ciosain. Tehsil Dhanaura. District Amroha. Uttar Pradesh.

s. Date

Sale Deed Khasra No. Arca Arca

No. No. (Acres) (Hectares) .. 137 Min, 138. 140 Min. 141 &

I 07.06.2013 6056 142 2.80 1.133 137 Min, 139 Min, 140 Min. 2.76 1.120

2 118. I 0.2007 8901 146Min

Total 5.56 2.253 Together with all structure thereon

(a) '\loujc Samalya, Taluka Savli, District Vadodara, Gujarat Sr. Block Number Area (in Sq.mtrs.) Sale Deed Date of Sale

o. No. Deed 124 22149 503 18/08/\ 994

I 2 125 19,183 490 18/08/1994 I 3 126 47.092 353 21/05/1994

4 129 14508 343 03/05/1994 5 130 3211 526 14/0611994 6 131 8205 344 03/05/1994 7 132 (Part) 3798.78 03/05/1994 8 134 16,529 491 18/08/1994 9 135 16.054 345 21/0511994 IO 136 14.508 355 21/05/1994 11 137 14.551 351 2110511994

_,;.-;::; ~, i:>Ji~:)~: t--13---1_13_9_(~P_a_rt~)-------+-1_3_1_66 _____ ---l------+---------I

/",·, ~. ·' ,\c<>"' <.c,·+ •• ~·-.,,. 1--: :---+-2-1 ~-:-----------+-~-~-!-~s--------1,---------+---------1 .. /j~ :c. . i :1\ -.:c /' r-' ~-6---lc-2-0-2----------+-2-9_7_7 _____ ---ll-------+---------1

;:-• ' • ,~ ~ I )7 204 7967 \: .. ~ ~~ Cl. .b"-~+-------------+---------+-----+---------i .~. • ~1~18__,~2_0_6 ________ --+_1_7_0_0)_-_____ -+-------+-------<

··-- , . Lv ~~- 19 207 29,772 . ·.J'' ,....I -20---11-2-0-8----------+-2-6-'--, 1-6-2------+--

·~r~ .J\ '{' . .. . :·:J_'.._··• ~.-;{· Total 330289. 78

- - together with all structures thereon.

422 21/05/1994 14/0611994

421 19/05/ 1994 423 19/05/1994 424 19/05/ 1994 417 19/05/1994 347 0310511994 351 21/05/1994 350 21/05/1994

12 138 12.248

(b) Office Pro11er1ies Sr. Location Sale Deed No. Date of Sale Deed Area l\'o. I. 22-04-1994 Area 142;i6 sq. ft. with Property forming part of the 260/94-95

property at No.17. Ali Askar Road. Bangalon:.

'' atchm .. n shed of 1Ox15 and 639 :;q.fi. share nfundii.:.M.led

·-

interest with a right to construct

2.

3.

4

5.

6.

State

Premises bearing No. I I A. Deed no. I 0982 25-09-1989 Rawdon Street Sarojini Naidu Sarni. Kolkata Land bearing no.50 I. Sale Deed No. 6619 05-06-1989 Annasalai. Mount Road and 1907 Teynarnpet. Chennai

Area 1176 sq.yrd., flat No. Sale Deed Sale Deed 304 and 305Land bearing no.1739/1989 dated no.1739/1989 dated 19-no. 3-6-327 and 328. 19-0'1-1989 and 09-1989 and Bashherhagh. Hyderabad Sale Deed Sale Deed

no.1740/1989 Jated no.1740/1989 dated 19-19-09-1989 09-1989

402. Samrudhi Apartment. Share certificate Share certificate No. 24 Ahrnedabad Gujarat No. 24 dated dated 29.04.1981

29.04.1981 WW 01, Rohtas Golf Link A llotrnent lettL r A I lotment letter dated Apartments 98. Park Road, dated 28.07.1997 28.07.1997 Lucknow. U ttar Pradesh,

SECOND PART Short Description oftht. Lease Hold Property

District Taluk Survey and sub-division No. or other identification No. given for

revenue purposes (I) Maharashtra

(a) Ambernath- Oistt. Thane Maharashtra (Lease Hold)

Sr. Location Lease Deed :-.lo. Oak of Deed Plot No. No. I. MIDC Area 1364 24.05.2005 N-43

Arnbernath Permission hy MIDC Maharashtra forJLL 10.10.2014

2. MIOC Area 2224 26. 08 .2004 Permission B-34 Ambernath by MIDC for JLL Maharashtra 10.10.2014


Taloja, MIDC Taloia, Maharashtra (Lease Hold) Sr. Location I. 17/34-35 Chemical Zone. MIDC Taloja,

Maharashtra together with all structures thereon.

(II) Uttar Pradesh

(a) NoiJa -Uttar Pradesh (Lease Hold)

Document Lease Deed

Date of Deed 31-Aug-1988

rlat no.204 on 2nd floor'

Arca 7 Cottahs 4 Chittacks

2346 Sq. Fcets

V\n:a 1176 sq.yrd., flat No. ~nd 305

1322 Sq. Feets

1909 Sq. Feets

I Area (hectare/square I meter) I

Area (Sq. Mtrs)

11%·9.00

. 2017.50

Area (Sa. !\Hrs) 2000 sq. meters

Sr. 1 Location Lease Deed No. No.

Date of Deed Plot No. Arca (Sq. \ltrs)

I.

,.lf

I A Sector- I 6A. Naida

683, 3650. 2694 & 949

16.02.2096, 23.12.2000, 27.07.01 & 07.04.0 I

IA 4028

304


(b) Bhartia2ram Gajraula Distt. Amroha - littar Pradesh (Lease Hold) Sr. Location Lease Deed No. Date of Deed Plot No. Area

(Sq. M1r·s)

No.

l.

2.

UPSIDC Industrial Area-II, Gajraula, Distt. Amroha UPSIDC Industrial Area-II. Gajraula, Distt. Amroha

I 98/04

Allotted on 25.08.2005


January 09. 2004 Supplementary Lease Deed on October 05. 2017 Execution & registration of Lease deed- Pending

A-4/2 (Old A-4)

D-1

157509

I 2.171

(c) Lease Hold Land (leased by U.P. Go\·t) admeasuring 48,576 Sq.Mts. or 12 Acres or 4.856 Hectares situated in the revenue estate of Villages Sadullapur, Naipura Khadar. Sahabazpur Dor, Tehsil Hasanpur & Tehsil Dhanora,), District Amroha, Uttar Pradesh

SI. No. Villages Ghata No. Area in <\cres

(I) Sadullapur 658 0-14 66 4-14

Naipura Khadcr 288 0-36 289 0-06 56 4-3 I

Total 9-01 Acres (2) Sahbazpur Dor 617 Min. 0-20

621 Min. 0-13 6-10 Min. 1-00 640 Min. 1-66

Total 2.99 Acres Grand Total (I +2) 12 Acres

Together with all structures thert"on.

(III) GllJAR.\T Bharuch - Guiarat (Sub-Lease Hold)

Sr. Sup Lease No. Location Deed No. Date of Deed Plot No. Area in Su Meter

Unit-I 1869-2/37 28-06-20 I 0 Pl-LI "19480.53

2 Unit-2 1726-1/44 I 5-07-20 I I Pl-LI 5 to 16 44297.04

31-03-2018 Pl-Ll9 40468.70

THIRD PART Short Description of Stocks/Shares. Bonds/Debentures, Fixed deposits held and other charges in action, as per details given below:

Sr. No. Particulars

I. Investment in Equity Shares of I.I Jubilant Life Sciences (USA) Inc.

l.2 Jubilant Infrastructure Limited

As on September 30, 2020

No. of Shares Total Face Value INR

375

34,484,000

.... ·,..

"" ~,-ii-~ ..... . . . . -~·,: .. .-

u l Jubilant Life Sciences lnll!rnational Pte. Limited 4'7 -o, I j .) j i 3,556,815

1.4 i Jubilant Life Sciences NV '19,999 I 7,808,000

l.5 Jubilant lngrevia Limitl.'.d (Previously known as Jubilant I

500,000 I 500,000 LSI Limited) -.

I )

IL Investment in Preference Shares NIL . NIL

Intangible Assets Listed Below (NA

llL Patents I

Trademarks I IIIA. LIST OF AOTJVE GRANTED PATEN'{S

('. . ,/'

S, Country Product Name Granted Number Date of priority filing Date of Grant No

I. India 3-Cyanopyridine IN232489 September 7, 2001 March 17, 2009

2. India 3-Cyanopyridine IN263278 Septen1ber 7, 2001 October 17, 2014

3. India 3-Cyanopyridine IN220678 December 4, 2001 June 2, 2008

4 India 3-Cyanopyridine IN243292 December 4, 2001 Oct-1,2010

5. India Lutidine, Collidine IN222262 Aug 05, 2002 Aug 4, 2008

I 6. India Pyridine IN265115 September 12, 2006 Feb 13, 2015

7. China Pyridine CN101511788 September 12, 2006 July 18, 2012

8. USA Pyridine us 8,057,6438 I September 12, 2006 Novl5,2011

9. Taiwan Pyridine TW370119 September 12, 2006 Augll,2012

10. USA Niacin US 8,575.350B1 Sept 13, 2010 Nov 05, 2013

11. China Niacin CNI02399183B Sept 13, 2010 May 04. 2016 I 12. Europe Niacin EP24285058 I Sept 13, 2010 Aug 10, 2016 I

13. Switzerland Niacin EP242850581 Sept 13, 2010 Aug 10, 2016

' 14. India Niacin IN289598 Sept 13, 2010 Nov15,2017

! 15. USA Niacinamide USS,952,17081 Apr 18, 2011 Feb 10, 2015

I 16. Belgium Niacinamide EP26995488 I Apr 18, 2011 Feb 08, 2017

I 17. Switzerland N iacinamide EP269954881 Apr 18, 2011 Feb08,2017

I 18. China Niacinamide CN I 036490528 Apr 18, 2011 Mar29,2017

l 19. India Niacinamide IN304359 Apr 18, 2011 Dec 12, 2018 ::--.,

·(\ 20. India 4-DMAP IN 292313 Mar31,2010 January 30, 2018 J,'/./' - ~-·

~\~21. lj, ~ USA Jubithione ZPC US 9, 968,53 7 B2 Sept 06, 2013 May 15, 2018 _,,..

i "." ~2 Singapore Jubithione ZPC SG I 120160 I 590R Sept 06. 2013 March 19, 2019

tJJ ;13 Europe Jubithionc ZPZ EP3 l 602288 I Nov07.2016 October 31, 2018 -I th Germany Jubithion' ZPZ EP3 I 602288 I Nov 07, 2016 October 31, 2018 ......

,::1) l l,25. France Jubithione ZPZ EP316022881 Nov 07, 2016 October 31, 2018

i 26. UK Jubithione Zl'Z EP3160228B I Nov 07, 2016 October 31, 2 0 I 8

27. USA Jubithionc ZPZ us 10,314,312 Nov07.2016 June 11,2019

28. India Jubithiom: ZPZ IN311236 June 27, 2014 April 15, 2019

;nrn:usT oF ACTIYE,PENDlNG.PATENT APPW~'~Ns :._''"·;y,,,.',

't I S, !'lo Country Product Name Application I Publication Date of priorit)' I Number filing

I. India Choline chloride 3165/DEL/2010 December 30, 20 I 0

2. India Jubithione ZPC 2640/0EL/2013 September 6, 2J'l".i l

~ C/~I! / ~ •• --.;;,,:, v . ,,,,. \('°' ~( ,U>

1.~, !)~) 4..\ ~ ,;,, ' ' "' ol/ I' j f.JV/

11-

'f!il/ s~

I 3. Brazil Jubithionc ZPC 1120160043839 September 6, 2013

I 4. China Juhithione Zl'C 201480049289 September 6, 2013

5. Japan Jubithionc ZPC 2016539688 SLptember 6. 2013

6. Malaysia Jubithionc ZPC Pl2016000409 September 6. 2013

' 7. Thailand Jubithione ZPC 1601001199 Septembt:r 6. 2013 I

8. Indonesia Jubithione ZPC P00201601932 September 6. 2013

9. Europe Jubithione ZPC 14786728.7 September 6. 2013

11 10. South Korea Jubithiom: ZPC 1020167009012 September 6. 2013

11 India (R)-3-Am inopi peridine 3330/DEL/2013 November 12, 2013 ! 12. China Jubithiorn: ZPZ 2014800800804 June 27, 2014

13. Singapore Jubithione ZPZ 11201610404W June 27, 2014

14. Malaysia Jubithionc ZPZ PI 2016704787 June 27. 2014 ! 15. Brazil Jubithionc ZPZ 1120160303660 June 27. 2014

16. India Cetylpyridinium chloride 3661/DEL/2014 December 12. 2014

I 17. India 2.3- Dichloropyridine 2982/D EL/2015 September 21, 2015 18. India Jubiquat CLC 201917020210 November 7. 20 I 6

I 19. USA Jubiquat CLC 16/347794 November 7. 2016 '

i 20. Europe Jubiquat CLC 17808164.2 November 7. 2016

I 21. China Jubiquat CLC 201780068472 November 7. 2016 ·

! 22. Thailand Jubiquat CLC 1901002762 November 7. 20 I 6

')' _j_ Brazil Jubiquat CLC 112019009132 November 7. 2016 24. Japan Jubiquat CLC 2019523731 November 7. 2016

25. India Niacinamide 201911003210 January 25. 2019

me. LIST OF TRADEMARKS I S. Application Filing Date Trademark Class Status of the

Mark [No No.

I I. 3280190 8-Jun-2016 Jubilant with Logo (device mark) 1. 3, 5. 16, 31, 35, Pending

·- - ' : 41, 42 . -> :)··. ;-~,f'J.:....e- 2. I 035538 8-Aug-2001 ORGANOSYS Science Active I Registered

, ,~·~·--+-------+------+--------------+--------+------~ , • ,· ·_,·::~ ,·;·'11

• ;' L..;;, '.,.·"'~~"..--,-t-1_0_3_5 ,_-3_9 __ +-9_-A_u_g_-.,....20,...,0,...1_-+-_0_R_G_A_N_O_SY_S_S_c_ie_n_ce_A_c_t_iv_e_-+_2 ______ --;_R_e_g_is_t_er_e_d _ __,

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30. 7902629 13-Feb-2015 .IUBIMIN 31 Registered 3 I. 2893606 29-Jan-2015 JUBlCHOL \ 31 Regiskred

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J IV. Details of Assets as on September 30, 2020

I Description Net book value (INR) Land - freehold 226. 959.869 Land - leasehold I 30. lJ08.557 Building 2,147,834.793 Plant and equipment (Including Capital work-in-progress) "'"'14.450, 953. 792 Railway sidings 47.-190,711 Furnitur•: and fixtures 50,323. 770 Office equipment - I 09. 785.381 Sotiwares 46.301.627 Vehicle - owned 3,380.427 Total 17,213,938,927

Documents

Floor 25, P. J. Towers