SALE NOTICE

M/s. DEIVAANAI SINTER METALS PRIVATE LIMITED (In Liquidation) Reg. Off.: NO 4/1 82A SRINAGAR RAMAN NAGAR, DAM, SALEM-TN 636403 IN Liquidator: CHANDRAMOULI RAMASUBRAMANIAM (C RAMASUBRAMANIAM, INSOLVENCY PROFESSIONAL) Liquidator Address: 'RAJI' 3B1, 3rd floor, Gaiety Palace, No. 1L, Blackers Road, Mount Road, Chennai - 600002 Email: [email protected] Telephone No: +91-9884068292 |044-42606292 |044-28528292 Registration No: IBBI/IPA-002/IP-N00052/2016-17/10096

E- Auction Sale of Assets under Insolvency and Bankruptcy Code, 2016 Date and Time of Auction: 23 January 2019 at 3 pm to 5 pm (With unlimited extension of 5 minutes each)

Sale of assets and properties owned by M/s. DEIVAANAI SINTER METALS PRIVATE LIMITED (In Liquidation) forming part of Liquidation Estate by the Liquidator, appointed by the Hon’ble National Company Law Tribunal, Chennai bench vide order dated 3rd May 2018.The sale will be done by the undersigned through the e-auction platform https:// ncltauction.auctiontiger.net

BATCH - 1 Earnest Reserve LOT# Property Details Money Price Amount SF No. 52/1AG, Plot No. 22, Sri Nagar, Veerakkalpudur Village, , . Extent 2612 Sq.Ft (owned by Mrs. M.R. Deivaanai) SF No. 52/1F, Door No. 4/1-72A, Sri Nagar, Veerakkalpudur Village, Mettur Taluk, Salem District. Extent 3710 Sq.Ft (owned by Mrs. M.R. Deivaanai) SF No. 102/2M and 102/2N, Karuppur Village, Taluk, Salem District. Extent Acres 1.69 (owned by Mr. 1 K.M. Ravichandran and Mrs. M.R. Deivaanai) 3,60,28,450 36,02,845 SF No. 197/1, New SF No. 197/1B, Village, Old Ward No.7, New Ward No. 13, Jalagandapuram Main Road, , Salem. Extent 3600 Sq Ft (owned by Mr. K.M. Ravichandran) SF No. 671/11 (Old SF No. 671/1) Konur West Village, Mettur Taluk, Salem District. Extent: Acres 0.43 (owned by Mr. K.M. Ravichandran)

BATCH - 2 Earnest Reserve LOT# Property Details Money Price Amount 2 SF No. 52/1AG, Plot No. 22, Sri Nagar, Veerakkalpudur 61,24,800 6,12,480 Village, Mettur Taluk, Salem District. Extent 2612 Sq.Ft (owned by Mrs. M.R. Deivaanai) 3 SF No. 52/1F, Door No. 4/1-72A, Sri Nagar, 56,61,775 5,66,178 Veerakkalpudur Village, Mettur Taluk, Salem District. Extent 3710 Sq.Ft (owned by Mrs. M.R. Deivaanai) 4 SF No. 102/2M and 102/2N, Karuppur Village, Omalur 1,01,82,500 10,18,250 Taluk, Salem District. Extent Acres 1.69 (owned by Mr. K.M. Ravichandran and Mrs. M.R. Deivaanai) 5 SF No. 197/1, New SF No. 197/1B, Tharamangalam 1,06,94,250 10,69,425 Village, Old Ward No.7, New Ward No. 13, Jalagandapuram Main Road, Omalur Taluk, Salem. Extent 3600 Sq Ft (owned by Mr. K.M. Ravichandran) 6 SF No. 671/11 (Old SF No. 671/1) Konur West Village, 33,65,125 3,36,513 Mettur Taluk, Salem District. Extent: Acres 0.43 (owned by Mr. K.M. Ravichandran)

Terms and Condition of the E-Auction are as under:

1. E-Auction will be conducted on “AS IS WHERE IS”, “AS IS WHAT IS” AND “WHATEVER THERE IS BASIS” as such sale is without any kind of warranties and indemnities through approved service provider M/s. e-Procurement Technologies Ltd(ETL) https:// ncltauction.auctiontiger.net. 2. The auction comprises of 2 batches, wherein the entire lot of assets are being auctioned in one Batch (Lot 1) and individually auctioned in second batch (Lot 2, 3, 4, 5 & 6). The highest offer received for Batch 1 (i.e., Lot 1) or Batch 2 (Lot 2, 3, 4, 5 & 6) will be declared successful. The Liquidator reserves the right to choose Batch 1 or Batch 2 in announcing the successful bidder based on the highest bid received each of the Batch / Lots. 3. The EMD shall be payable through DD/NEFT/RTGS in the account of Deivaanai Sinter Metals Private Limited Liquidation Account, A/c. No. 3713010521, Bank and Branch: Central Bank of - Mettur Branch – Salem District and IFSC Code: CBIN0282563. 4. Bids shall be submitted through online mode only in the format prescribed. The bid form can be downloaded from the website of https://ncltauction.auctiontiger.net 5. Last date and time of submission of EMD & Tender documents is 4.00 pm on Monday 21 January 2019. 6. The date and time of e-Auction is Wednesday 23 January 2019 between 3.00 pm and 5.00 p.m. 7. If any offer is received within the last 5 minutes of closure time, the biding time will be extended automatically by another 5 minutes and if no higher bid is received within in the extended 5 minutes, the auction will automatically get closed at the extended 5 minutes. 8. The intended bidder who have deposited EMD and require assistance in creating login id and password may contact the liquidator office on phone +91 98840 68292 through email at [email protected] and for technical support, you can contact Mr. Praveen Kumar Thevar (HO) - 09722778828, [email protected], and Mr.Bharthi John (Chennai) 8939000594 9. The EMD amount of unsuccessful Bidders will be refunded. 10. The bidder who submits highest offer (more than Reserve Price) on closure of online auction shall be declared successful bidder subject to approval by the Liquidator. The liquidator reserves his rights to reject any or all of the offers or accept offer for one or more properties received without assigning any reasons whatsoever at any stage. 11. Upon confirmation of sale the purchaser shall deposits 25% of sale price (including EMD) immediately and the balance sale consideration of 75% be paid within 15 days of sale. If the purchaser fails to pay amounts in time the amount so far deposited will be forfeited. 12. The advertisement will be valid for 60 days from the date of advertisement. The properties mentioned above can be inspected by the prospective bidders at the site with prior appointment contacting Mr. C.Ramasubramaniam (+91 9884068292)