THE FEDERAL BANK LTD . Regd. Office:Aluva, Kerala, Date: 30/04/2019 To M/S BGM INFRASTRUCTURE PVT LTO, j ~ 201, CT ROAD SCHEME NO - IVM; KOLKATA K« 700010 WEST BENGAL , CUATA. IN Dear Sirs), ‘Sub; Sanction of Credit Facility(ies) We are pleased to inform you that the under noted Credit Facility(ies) are sanctioned 10 you based on your request and other discussions that we had with you, SNo. | Nature of Facility "Amount Sanctioned (Values inLakhs) | 1, CASH CREDIT Rs. 10.00] 2°86 250.00] foresaid Creuil Facility (ies) are sanctioned at the sole discretion of the Bank and visbursal will be subject to full and complete compliance of the terms and conditions lista in Annexure Creuit facility (ies) are to be used exblusively for the purposes for which they have been sanctioned. This letter and annexure are issued in duplicate, Please return the duplicate copy of this letter and annexure duly signed by you as a token of having accepted the terms ‘and conditions and undertaking (o comply with the same. We look forward to a mutually beneficial relationship. Thanking You, Yours Faithfully, For Federal Bank Lia » Senior Manayer/Chiet Manager Scanned with CamScannerWe accept the terms and conditions| contained in this sanction letter (including| the annexes) | [Authorised Signatory! THE FEDERAL BANK LTORegd. Office:Aluva, Kerala, Annexure | [Borrower Name: M/SBGM [Sanction Order - - “INFRASTRUCTUI TD No.:CL/2019/11570000534 Branch: KOLKATA/BURRA BAZAR [Dated : 30.04.2019 I 2 Facitty CASH CREDIT-1 — |aG-2 2 Nawue facility” 14 +s70000834-1 11570000834-2 ! Limit 13 Sanctioned{ in |10.00 1250.00 | i Lakhs) | I [Amount in Two Grores Fifty Lakhs 4 faeee Fentakhs only [TNO | Period (in 5 Months) 12 a Repayment ‘6 Holiday in [0 o i months) Lock Payment , 7 Boring rotaiey [Not Applicable Not Applicable int.) Comm, | 13.65 % pia, (One year 8 Disc. (% P.A)* |MCLR + 4.50 %) card Rate | f Periodicity for ]12 Months(starting from |12 Months(starting from] | i9 reset of the date of loan the date of loan j interest * lagreement) lagreement) | [4.50% above the One |3.0% above the Card le Basis for year MCLR of the Bank, |Rate of the Bank, as at | interest reset* las atthe respective —_|the respective reset reset dates 3 {dates 11 IntRests [Monthly Monthly BGM Inirastructy:: Avi deo Ry Scanned with CamScanner“ee Interest To be paid as and when ‘To be paid as and when 2 Charged During ; | Holiday Perioa [debited debited [13 Margin (%) 35% [25% cash margin Processing 14 Charges/Upfront|0.250% +GST 0.250% +GST ee 15 Repayment |LUMPSUM |LUMPSUM [3% * GST of the limit 116 Bormayment including adhoc limit, [AS PER APPLICABLE | y sanctioned, if any) ‘! | Penal interest / : i [2% for non compliance |2%-for non compliance 47 Liquidated | damagos (%) lof SO terms lof SO terms a8 Commitment [AS PER APPLICABLE |, Charges NORMS. t [AS PER APPLICABLE [AS PER APPLICABLE 19 Any otherfee | NOems NORMS | I : JAS PER APPLICABLE |AS PER APPLICABLE [20 Valuation Fee |NORMS NORMS let Additional [AS PER APPLICABLE |AS PER APPLICABLE Interest NORMS NORMS j I Internal Credit 22 ase ORRG,FRR4FBRS — |ORR6,FRR4,FBRS (23 Category 14 14 24 Sector at4 Tait : GOVT. CONTRACTS - |GOVT. CONTRACTS - [25 Subsector INFRASTRUCTURE INFRASTRUCTURE ICONSTRUCTION CONSTRUCTION [26 Activity Code [4501307 4501307 27 Subsidy Details [0.00 0.00 “In case of loan with interest rate linked to MCLR, the interest rate mentioned above is based on MCLR for the corresponding tenor as at the date of sanction. However, if the loan/ facility is not availed on or before next date of review of MCLR; the rate of interest will be decided based on the MCLR applicable as at the date of (first) disbursement of the loan facility, keeping other terms and conditions unchanged, ' PriorityiNon-Priority Priority [Rating FBRS | Guarantee Cover A [Activity Code as01307 BGM infrastruc; re Rt L. ARQ Scanned with CamScanneriv | |GOVT. CONTRACTS MAINLY FOR, | ICONSTRUCTION OF INFRASTRUCTURE | PROJECTS LIKE ROADS & A |BRIOGES,AIRPORTS,RAILWAY tivity Description ITRACKS,POWER PLANTS, PORTS,PIPELINES, IRRIGATION | DAMS/CANALS, EDUCATION INSTITUTIONS & | HOSPITALS, FERTILIZER PLANTS, — JAGRICULTURAL MARKETS ETC Activity Name NANIL 260.00 q 260.00) Securities: i Existing! Security Type of | Description | Value | Borrower Name | Facility Proposed] socurity ~= EM of land CASH admeasuring CREDIT [299.50 Sq. mr. | Or 4.48 cottah | Hocated at Piot {No. 156 in Block, jno. AB in Mouza- |Ghuni, JL No. 23, Category-HIG-lI a situated in New| Tewn under} 'Jyangra Hatiara- BGR u Gram! 425,00] INFRASTRUCTURE, Panchayat, PS- i New Town, Dist- PVT LTD BG 250.00|Collateral 24 Parganas(North), . Kolkata - 700156 jowned by Shri - Tanmoy Mukherjee valued at 125L Ioy Me J.P. [Gupta on |30.05.2014. The [valuation is duly 10.00| Collateral BGM Intrastru: Scanned with CamScannerlconticmed by the Ibranch, Hypothecation lof assets, being Bits Receivable from Contract acm Work, stock off 15.38 |INFRASTRUCTURE|CASH | 10.00|Primary materials, Work PVT LTD jin Progress etc. jon convact work with 35% margin T Peg ige_ of FOR, GASH = Jof Rs. 38Lin the acm CREDIT, 10.00} Coltat name of 8GM| 38.00 |INFRASTRUCTURE| Infrastrucutre Pvt PVT LTD BG.) | 250.00|Collateral ite i BGM (2% 8) 62.50 INFRASTRUCTURE |BG 250.00] Collateral |margin PVT.LTD ie BGM slit 250.00] INFRASTRUCTURE|BG 250,00| Primary lguarantee NERS Co-Obligants (C) Guarantors (6) : { Ty [Other Liabs. Bank Net Liabs. IS |Name core nd lother Bank |e: 7 woah ature {'9. er. IMR TANMOY|cuaRANTORS| 189490] 248/04 (1 [wUKHeRsee |OM | 2 [MB ALOKE/cuaranToRs} 189496) 18.00 | | ME ac ANA®|GuaRANTORS| 189503) 65.00] j= ‘3 [MUKHERJEE Pre-Disbursal Conditions a RCH. Branch shall submit revaluation report of the collateral security property to BGM Infrastruciues pL ig Hebdy Scanned with CamScanner‘Re Sanction Order is vaid fora pero of ree mont only tom the cate ot ths sanction , ye Bark senes be ight Gare Pe tems conditions | rate of undertaken at Tie oe oe ONG rate Of eeerest based on Be rewew’ 5. The interest rate spenied is subject 1 variation from tine time as per the \deossion of the Bank in terms of RBI guidelines and / or Banks dscredon. © Branch shoud ensure that the required pemnittapprvais such as Scense/permsssion'sancion from local /Competect Aumhorsyingustries Dept. Ciearance from Poaton Conta Board, Regstaton from GST Aumories CIC. (wnerever appicabie), are cotained and copies 10 be kept in branch file. 7 Branch shalt ensure that mere are no outstanding stauaory dues in the name Of Ine company as wel m ihe names of the Grectors/ guarantors. A certificate to that effect shall be obtained from the auditors. 8. Branch shail ensure compance of KYC and AML noms. 9. All formalities wan regard to extending finance to Corporates such as Compliance of objec: clause, ascertaining borrowing powers of the company, 10. All the terms and conotions retating to issuing of BG as per ARC 25 shall be complied with. 11. The branch shall ensure that BGs are issued only for lawful activities! business. 12 Documentation and creation of charge over securities shall be completed in a respects as provided in Documentation Manuat! Extant instructions. All joan Socuments shall De verified by the Branch Head / authorised official of the ranch, immediately on execution, to ensure that the documents are property executed. 13. Enabling ciauses shall be incorporated in the documents to be executed by the borrowers or guarantors or co-obligants to the effect that- A) The Borrower hereby agrees and undertakes thal notwithstanding anything contamed herein, in the event of the Imit being closed curing the loan tenure, the borrower shall pay charges at the rate of 3 % + GST of the imit (¢ 3or05 mit Sanciones, d any) or at such other rate as may be prescribed by Be SSX from Line to ume, m adciion to the mterest andior other charges agreed to be pac. B) in case the Lmd remains unutiized or under-uniised on 56M inirestecticg ‘\ Scanned with CamScanner37 14, disbursement conditions are complied with ; 8 regular basis, 8, the Bank lint without noice othe bora oe ah cancel withdraw ede the repayment of 2wer C) in the event of defé Caniepeni! 209 amount custancing under td aforesad reat ecly he etais nears nu gual ght a else or publish te name endear arspnuting te photograph of ihe Borowere Co-ctigans Guarantor Suh to uses Decors as dlauers in sueh manner andin panoney other media such as news} + iphiets etc as the Bank May in its absolute discretion thinks ft notees Dectaration/u fo he ezundetaking on stamp paper shall be cblzined rom the borer ae ust atthe orroweriproprietorparinefdiroctorco- Sagan! ar not a director of a banking company of specieg near relation of Seer eh 2,banking Company (as stipulated in AR. Circular No.4) i The firm shal ot aa any cea facites rom any oer Bankston whut re Brior permission of aur Bank. That he ims sonctoned lb uz oy forthe werking capital requiemans ef tefl and rotor any capa marke diy market and realestate acivily. Ww. Thal Broprietarrannesiérectoslexobigant are not rlatves to any wil dofaulter to BanksiFls.v. There are no Itigations pending in any court of law ine name ofthe fem and is proprtoparnestarertaleo- obi \ucited financials shall be submited thin Seven, months from the end of the financial year. vit Sales proceeds shall be routéd through the CC account maintained wih us. vi Stock statement shellbe submited ona regular basis. No Disbursals of the limits sanctioned shall be permitted until all pr ifany amendment is required, rior approval of the sanctioning authority shall be obtained. s —e PostrDisbursal Conditions Se Branch shall oblain the statement of current Ale with UCO Bank on a monthly 16. a7. 18. 19 20. 24 basis and ensure that the surplus balance Is transferred to the CC A/e with us ona weekly basis. 2 No expired Bank Guarantee should be allowed to be outstanding for an unduly jong period. Ifthe guarantee bond is not recelved back on expiry, notice chovld be gent to the beneficiary by registered post Immediately after due date, The pe pen shail follow the instructions laid down in IRMD circular no 7589 for reversal of expired BGs. Branch shall endeavour to obtain ancillary business from the borrower like insurance products, mutual fund products.etc. insurance pr modiy registration of charges on pféperty mortgaged by deposit rare ads, with Central Registty (CERSA\), and collect the required fee, Slong with creation of morigage as pet extant instruction. Charges on movable aeseis shall also be registered with CERSAI as per circular no 6270. sesety anal ensure thatthe unit visi is carried out as per stipulated periodiety & repor to be filed. Branch should ensure t received subsequently, are scanned Branch shall confirm the compliance through online platform ant document fle. tnat loan documents and other post sanction documents, ‘and uploaded to DMS server. ‘of sanction order conditions in C124 id keep a signed copy of the same in borrowers Scanned with CamScanner —22. 2a, 25 26. 27. Pomanecotateral Fecutition whall be inured willl bank olauee ae per ostractoos, rotelably With OUE INWUrAN® parlner Aguitional antecaat ob Ye atall be ot for the following irragularities: a, Non subawssion of Auatilodt hhanoiatl witty, MF Nol wubinitied before JOIN November of the patwull year bi Exwwedinye tn the aecount @, Non comphance wilh saicton order conditions, Graiéh shall inoreave the rate of anterest i the system by the atipulated percar aye, from the ouloff date, for breach of any of the sanction order conditions, with proper diarizing, However the total additional interest charged due to various non compllances will not exceed 2% pal Tenns and conditions in the sanction order are without prejudice to the terms and conditions stipulated in jeourily documents executed at the time of availment of the loan and Ir Branch shall ensure charge created In our favour Is regisiered with ROC. extant instruction, Statement of works-in-progress Is to be submitted by the borrower every month in 171, The monthly due date for submiasion of st nt of Bil calvabler is 1$th of every month. Branches should verify the wt int and fix the Drawing Power (DP) accordingly. The Work-In-Progress register Is algo 10 be maintained by tho branches. Brief details of Works approved, Payment received, Payment due, Retention held, Progress of work etc. shall be entered in the Work-In-Progress Register. Periodical certificate from Government Department / Company /Principal) regarding. works execuled, payment made, paymijnt due ang expected date of payment shall be oblained alleast on a quarterly basis. Branchos should teke all efforts to obtain the same and copies of letters sent to the Principal should be filed for verification by the inspecting officers/auditors. per . Reference Comments OGM I tras “ Pvt. Lids = Kae, Scanned with CamScanner