BUSINESS UNIT AS A WHOLE

Option A1: Sale of Assets in parcels Date and Time of Auction: 24 May 2023 at 10:00 A.M. to 12:00 P.M Address : Unit No. 3, Ground floor, “Multi-storied Building” SEEPZ, Marol Industrial Area, Andheri (East), Mumbai - 400096 Reserve Price : 5,58,00,000 EMD Amount : 55,80,000 Incremental Bid Amount : 10,00,000 Option A2 Sale of Assets in parcels Date and Time of Auction: 24 May 2023 at 01:00 P.M. to 03:00 P.M Address : Gala No. 108/A, First floor, Parvati Industrial Premises Co-operative Society Limited, New Sun Mill Compound, Sitaram Jadhav Road, Lower Parel (West), Mumbai 400013 Reserve Price : 3,78,00,000 EMD Amount : 37,80,000 Incremental Bid : 10,00,000

Financial assets including investments, debts and OCDs

All the assets of the Corporate Debtor inculeds Land & Buildings, Plant & Machinery, Securities and Financial assets, etc., as a "Going Concern" Basis

Sale of the Corporate Debtor as a going concern in its totality on “AS IS WHERE IS, AS IS WHAT IS, WHATEVER THERE IS AND WITHOUT RECOURSE BASIS

All the assets of the Corporate Debtor as a "Going Concern" basis (includes Land & Buildings, Plant & Machinery and Securities & Financial Assets).

Land parcels and Buildings

Land and Building / Plant and Machinery & Office Space

Sale of Corporate Debtor as a Going Concern along with all assets including Land & Building, Plant & Machinery and Securities & Financial Assets

Sale of the Company as a Going Concern along with Entire Plant & Machinery, and other equipment lying at Mahal & Mauja Nangalkalan, Tahliwal, Tehsil Haroli, District UNA, Himachal Pradesh, and at the premises at 14, Leather Complex, Kapurthala Road, Jalandhar City AND Entire Land & Building and Structures thereof owned and falling in the Liquidation Estate of Hike Leather Private Limited lying at Mahal & Mauja Nangalkalan, Tahliwal, Tehsil Haroli, District UNA, Himachal Pradesh.

Corporate Debtor as a going concern basis

Sale of Present Identified Assets of the Company on a Going Concern Basis

Option I. Company As a whole as going concern OR Option II: Set of assets Collectively (Reserve Price is Rs.601000/- and EMD amount is Rs. 60000/-

Building and other ancillary structures

The Plant and Machinery installed therein including furniture, fixtures, amenities

Sale of Corporate Debtor as a Going Concern along with all assets including Plant & Machinery and Securities & Financial Assets (Excluding investment made in 9% NonCumulative Redeemable Preference Shares and cash/ Bank balance over and above Rs 25.00 Lakh)

9% Non-Cumulative Redeemable Preference Shares