Dear Sir,

List of compliance to be done before release of CC limit

1. A yearly visit of all the collateral properties

2. Visit of unit for the month of August is pending

3. Visit of MPC land is pending.

4. Negative lien on MPC land is to be charge and assign lien in favor of IDBI Bank Ltd

5. All assets whether by way of primary security/ collateral security charge to the bank shall be
comprehensively insured against all risks agreed bank clause.

6. CA certified Net worth statements of all the guarantors and promoters as per the standard
format of bank.

[We have already submitted all partners and guarantors Net worth certificate in
recent time photo copy will be avail Dhavalbhai]

7. Provide necessary permission for commercial use of property.

8. CA certified financials of the group concerns.

[Audit report all group of concerns already submitted, Dhavalbhai may have a
photo copy of the documents]

9. Written explanation for the irregularities in the CIBIL report.

1) M/s Wholesome Foods:

Facility/ Account Number

Month

Overdue

(`)

Bridge Loan II/ 0009673100000082

February, 2018

323476.00

Bridge Loan I/ 0009671100000620

October, 2017

224007.00

August, 2017

174466.00
[in month of February 2018, we have sufficient balance in our IDBI Equity
Account to debit our interest amount of Bridge Loan (also other loans), we have
already inform to bank authority person by verbal to deduct applicable amount,
but in that time they have not done this work]

[In August 2017 and September 2017 we have a no sufficient account balance]

The above mentioned overdue is towards interest servicing of bridge loans availed with IDBI Bank
Limited.

2) Shri Praveenbhai Hirpara:

Facility

Month

DPD

Credit Card

December, 2017

41 days

[above point clarification must be Dhavalbhai]

3) Shri Lalit Radadiya:

Facility

Month

DPD/ Status of account

Credit Card

August, 2017

9 days

May, 2017

9 days

Credit Card

August, 2017

3 days

4) M/s Jeet Impex:

Auto Loan

Overdue of `39.00

5) M/s Vaibhav Ginning And Spinning Mill Private Limited:

Facility/ Account Number

Month

Overdue

(`)

BG

NA

1114011.00

CC

February, 2018

2122698.00

January, 2018

25440.00

December, 2017

955430.00

November, 2017

1593929.00

August, 2017

2751536.00

April, 2017

515801.00

October, 2016
2863165.00

July, 2016

3769679.00

May, 2016

2187092.00

April, 2016

789412.00

Irregularities in CIBIL Reports:

· DPD and overdue observed in the CIBIL Report of M/s Wholesome Foods, Shri Praveenbhai
Hirpara, Shri Lalit Radadiya, M/s Jeet Impex and M/s Vaibhav Ginning and Spinning Mill Private
Limited

Please provide documentary evidences/ written justification for clearing the above mentioned dues
subsequently.

10. Please provide latest KYC of all the partner’s and guarantor for creation of cust ID in IDBI Bank.

11. Undertaking form the tenant for the property given on rent/ lease.

12. Stock Audit to be conducted.

[Before stock audit bank have must be provide us Stock Statement Format and
inform minimum 1 day ago, so we have prepare proper documentation (also
when I (JP) will be there)]

13. Account of the firm maintained with HDFC bank is to be closed with immediate effect.

14. Please provide External rating.

[We have already submitted, also herewith attach]

15. Penal interest at 2% is to be charged for non compliance of sanctioned term

सादर व धन्यवाद | Thanks & Regards

कपिल खािर्डे | Kapil Khaparde

प्रबन्धक | Manager
आईर्डीबीआई बैं क | IDBI Bank