11.11.2020 The Dy. General Manager Corporate Relationship Department, Bombay Stock Exchange Limited, P.J. Towers, Dalal Street, - 400 001.

Dear Sir,

Subject: Submission of Newspaper Clippings for Publication of Results Ref: Scrip No. 503015

Please find attached herewith the newspaper clipping of Unaudited Standalone and Consolidated Financial Statements for the Second quarter and half year ended on 30th September, 2020 which was published in Business Standard (English) and Mumbai Lakshdeep (Marathi ) on Wednesday,11th November, 2020 for your record.

Kindly acknowledge receipt of the same.

Thanking You,

Yours faithfully,

For MODERN INDIA LIMITED Sd/-

(Parind Badshah) Vice President & Company Secretary Address: 1, Mittal Chambers, 228, , Mumbai -400 021. FCS No: 5414

Business Standard MUMBAI | WEDNESDAY, 11 NOVEMBER 2020 4

Zonal Stressed Assets Recovery Branch : Omkar Jyoti Niwas, 2nd Floor, Adarsh Nagar, ^Dhunseri® Market Yard Road, Gultekdi, Pune- 411037 ' TEA & INDUSTRIES LIMITED POSSESSION NOTICE DHUNSERI TEA & INDUSTRIES LIMITED Rule 8(1) (For Immovable Properties) Registered Office:' DHUNSERI HOUSE', 4A, W00DBURN PARK, KOLKATA- 700 020 WFIEREAS, the undersigned being the Authorised Officer of the CIN: L15500WB1997PLC085661, Bank of Baroda under the Securitisation and Reconstruction of Financial Ph: +9133 22801950 (Five Lines), Fax: + 91 33 2287 8350/9274 Email: [email protected], Website: www.dhunseritea.com Assets and Enforcement of Security Interest Act 2002 (54 of 2002) and in Extract of Standalone and Consolidated Unaudited Financial Results exercise of powers conferred under Section 13(12) read with Rule 3 of for the quarter and six months ended September 30,2020 (? in lakhs) Security Interest (Enforcement) Rules, 2002, issued a Demand Notice Standalone Consolidated dated 31/08/2020 under Section 13(2) ofthe said Act calling upon the SI. Particulars Three months ended Six months ended Three months ended Six months ended borrowers/guarantors, M/s. Arihant Chemicals Pvt. Ltd. to repay the No 30.09.2020 30.09.2019 30.09.2020 30.09.2020 30.09.2019 30.09.2020 amount mentioned in the Notice being Rs. 3,67,43,609.37/- (Rupees Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Three Crores Sixty Seven Lacs Forty Three Thousand Six Hundred 1 Total Income from Operations 10,543.87 6,797.26 14,203.63 15,036.66 10,924.18 22,383.76 Nine and Thirty Seven Paise only) within 60 days from the date of 2 Net Profit/(Loss) for the period before tax receipt ofthe said Notice. and exceptional items 4,279.89 1,537.29 6,020.12 4,084.45 2,042.30 6,230.60 The Borrower and Guarantors having failed to repay the amount, 3 Net Profit/(Loss) for the period before tax Notice is hereby given to the Borrower and Guarantors and the Public and after exceptional items 2,922.84 11,638.21 4,663.07 2,727.40 12,143.22 4,873.55 in general that the undersigned has taken physical possession ofthe property described herein below in the exercise of powers conferred on 4 Net Profit/(Loss) for the period after tax him under Sub Section (4)of section 13 of the said Act read with Rule8of and after exceptional items 2,574.49 8,922.63 3,881.45 2,478.44 9,500.14 3,972.65 the Security Interest (Enforcement) Rules 2002 on this 09/11/2020. 5 Total Comprehensive Income for the period The Borrower and Guarantors mentioned herein above in particular [(Comprising Profit/(Loss) for and the Public in general are hereby cautioned not to deal with the property and any dealings with the property will be subject to the charge of the Bank of Baroda, ZOSARB, Pune for an amount of Rs. 3,67,43,609.37/- (Rupees Three Crores Sixty Seven Lacs Forty Three Thousand Six Hundred Nine and Thirty Seven Paise only) together with future interest at the contractual rate on the aforesaid amount and incidental expenses, costs, charge etc. incurred / to be incurred from 31/08/2020 onward until the date of payment. The Borrower's attention is invited to provisions of sub-section (8) of section 13 ofthe act, in respect of time available, to redeem the secured assets. Description of the Immovable Property

Flat No. D-1802, Maxima D, Casabella Gold Near Khidkaleshwar Mandir and Shil Phata, Village Nilje, Tal. , Dist 421201 owned by M/s Arihant Chemicals Pvt Ltd. and the said land bounded as : On the North by: By Flat No. 1801, On the South by: By Side Marginal Space, On the East by: By Building No. C, On the West by: By Lobby & Lift

Date : 09/11/2020 Authorised Officer, Place: Pune Bank of Baroda ~wYdma {X. 11 Zmoìh|~a> 2020 _w§~B© bjXrn 3