230720184Ghfjcprcoveringl

230720184Ghfjcprcoveringl

Annexure-I WORKS DONE/PROGRESS SO FAR 1. Company incorporated under Companies Act. 2. Obtained LOI from Government of Andhra Pradesh and the same extended upto June, 2018. 3. Purchased Acres 13.50 of Land at Pothavaram (Village), Nallajerla Mandal, West Godavari District, Andhra Pradesh.(cost Rs 1.08 Crores) 4. Land Conversion Completed (cost Rs 12.0 Lakhs) 5. Obtained EC from the Ministry of Environment and Forest, Government of India. 6. Obtained NOC from the Village Panchayat. 7. Obtained Ground Water permission from the Ground Water Department, Government of Andhra Pradesh. 8. Obtained approval from Director, Town and Country Planning Department. 9. Obtained approval from Director of Factories. 10. Obtained approval from Director of Fire Services. 11. Obtained full-fledged License from Govt. of AP for setting up Distillery. REASONS FOR THE DELAY The following are certain important factors for the delay in implementation of the Project. a) Separate Telangana State agitation and non-functioning of Offices b) Agitation in Andhra Pradesh for an integrated State c) Non appointment of Members by Government for a period of one year to the AP Pollution Control Board e) Shifting of Electricity Department to Guntur for approval of “Line Drawings” and the related issues f) Majority of the above factors our out of our control. With the support from all quarters we have reached this stage and ready for implementing the project as land leveling, fencing, placement of machinery orders, advance of Rs 1.50 Cr paid to machinery suppliers, digging of bore wells etc., are completed(the order placed is attached as EXHIBIT-I. AMOUNT SPENT SO FAR S.No Activity Amount (Crores) 1 Purchased of Land (Acres 13.50) 1.08 2 Land Conversion Completed 0.12 3 Purchased of machinery & others 1.50 4 Others like EC, Ground water and 0.20 balance statutory approvals Total 2.90 The Plant material is already received from Manufacturer. The invoice copy and the photographs are attached here as EXHIBIT-2 Hence, we humbly request you to renew the EC for a further period of 3 years and oblige." Narayana Murty Jagruthi biotech Everest Biosciences Annexure -1 Annexure -2 .

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