DRAFT LETTER OF OFFER THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION The letter of offer (“Letter of Offer”) will be sent to you as an Equity Shareholder of Gaurav Mercantiles Limited (“Target Company”). If you require any clarifications about the action to be taken, you may consult your stock broker or investment consultant or Manager to the Offer or Registrar to the Offer. In case you have recently sold your equity shares in the Target Company, please hand over the Letter of Offer (as defined hereinafter) and the accompanying Form of Acceptance cum Acknowledgement (“Form of Acceptance”) and Securities Transfer Form(s) to the Member of Stock Exchange through whom the said sale was effected. OPEN OFFER (“OFFER”) BY RAGHAV BAHL Residence: F-3, Sector 40, Noida – 201301, Uttar Pradesh, India; Tel.: +91 120 475 1828; Fax: +91 120 475 1828; E-mail:
[email protected]; (hereinafter referred to as the “Acquirer”) ALONG WITH RITU KAPUR Residence: F-3, Sector 40, Noida – 201301, Uttar Pradesh, India; Tel.: .: +91 120 475 1828; Fax: +91 120 475 1828; E-mail:
[email protected] MAKE A CASH OFFER TO ACQUIRE UP TO 520,000 (FIVE LAKH TWENTY THOUSAND ONLY) FULLY PAID UP EQUITY SHARES, HAVING FACE VALUE OF INR 10 (INDIAN RUPEES TEN ONLY) EACH (“EQUITY SHARES”), REPRESENTING 26% (TWENTY SIX PERCENT ONLY) OF THE VOTING SHARE CAPITAL OF THE TARGET COMPANY (AS HEREINAFTER DEFINED), FROM THE PUBLIC SHAREHOLDERS OF GAURAV MERCANTILES LIMITED Corporate Identification Number: L74130MH1985PLC176592 Registered Office: 310, Gokul Arcade