VINAY WIRE & POLY PRODUCTS PVT LTD 16/40, CIVIL LINES, KANPUR Dt : 12.9.

2011 To, The AGM- AMT-1 State Bank Of India Overseas Branch Kanpur Sub : Extension of Usance Period / Permission for Short term Corporate Loan Sir, With due respects we be submit as under: 1. That as per letter of arrangement our Usance period is 90 days. And due to recent amendment in RBI Master circular we are unable get the conversion of our FLC dues at buyers credit. Our following FLC are due on payment: Refer annexNow since we are unable to get the quote of buyers credit in the present letter of arrangement terms. And due to squeeze cash flow of our company if we could not get the extension in usance days up to 365 days we may be cash negative in these due dates. Thus looking all prospective we wish bank support in extension of usance period of these particular FLC upto 365 days. In other option we wish bank support in view of short term corporate loan for 4 months to mitigate the above cash mismatch position of the company as per schedule attached. The same will be liquidated by all measures in January 2012. Thanking You, Your, faithfully For Vinay Wire & Poly Products Pvt Ltd Vinay Kanodia Director

Annex List of FLC outstanding for Payments: LC No. 359 341 343 TOTAL 914 16 75 36 TOTAL 914 98 TOTAL 162 163 118 G. TOTAL Outstanding Amount in US dollar 31235 68040 69300 168575 28050 21750 37555 21750 109105 28050 34350 62400 86625 163350 58080 308055 648135 Due date of payment 17.09.2011 26.09.2011 27.09.2011 21.10.2011 14.10.2011 31.10.2011 28.10.2011 5018830 04.11.2011 29.11.2011 2870400 01.12.2011 01.12.2011 30.12.2011 14170530 29814210 Amount in INR

7754450

For Vinay Wire & Poly Products Pvt Ltd Vinay Kanodia Director

VINAY WIRE & POLY PRODUCTS PVT LTD 16/40, CIVIL LINES, KANPUR Dt : 12.9.2011 To, The AGM- AMT-1 State Bank Of India Overseas Branch Kanpur Sub: Infusion of Equity Rs 100 lac. Sir, With due respect we beg to submit as under: 1. That as on 31.03.2011 our share application money is pending for allotment for Rs 10617134/-. ( PY 8122134). The above application money is received by the company is approved by the company first board meeting held on 3.08.2011 for conversion at equity capital by Rs 100 Lac. The above application money received by the company incorporates the amount of share premium of Rs 90/- per share. The company will submit the ROC Form-2 for allotment within 7 days at bank. Please take the matter in record, Thanking You, Your, faithfully For Vinay Wire & Poly Products Pvt Ltd Vinay Kanodia Director