Insolvency and Bankruptcy Board of India

Sale as going concern

Block - A Office at 524-525 (1678.66 SFT) at Paras Trade Center, Gwal – Pahari, Gurgoan – 122003, Haryana including 2 Reserved Car Parking in basement including Office furniture & fixtures etc. Block - B Security & Financial Assets of the Corporate Debtor (other than Cash & Bank Balance)

Immovable properties of the Corporate Debtor as per newspaper announcement

Company as a whole (as going concern) basis. Company has Installed Spinning capacity of 86,560 spindles at 3 Units at Makthal, Burgul and Rajapur and 4th Unit has installed capacity of 150 Lakh Mts PA for fabric Mfg at Kucherkal. 3 Units are around 50 Km and 4th Unit is 150 KM from Hyderabad Airport.

Makthal Unit as a whole which contains Land and Buildings, Plant and Machineries.

Rajapur Unit as a whole which contains Land and Buildings, Plant and Machineries of Spinning having Installed capacity of 24,000 Spindles which is part of the Suryajyoti Spinning Mills Limited.

Kurchekal Unit as a whole which contains Land and Buildings, Plant and Machineries of installed capacity of 150 Lakh Mts PA for fabric Mfg which is part of the Suryajyoti Spinning Mills Limited.

Sale of Corporate Debtor as a Going Concern

Burgul/Balanagar Unit as a whole which contains Land and Buildings, Plant and Machineries of Spinning having Installed capacity of 33,184 spindles which is part of the Suryajyoti Spinning Mills Limited.

Vehicles, F&F, Computers and Financial Assets of the CD

Non-current investments/inventories/entire company

Land & Buildings and Plant & machineries

Land and Building situated in the project namely Emerald Project comprising Building 8,98,137 sq.ft. not fully built up and Land 7.62 acres (approximately) (however UDS to the extent of 6388 Sq.ft. already conveyed through various registered sale deeds to the home buyers by the Corporate Debtor will be excluded from sale) of land situate at Chettipunniyam, GST Road NH45 before the Toll Gate and Chengalpattu, next to the RTO office, it is within walking distance of Paranur Railway Station and right opposite Mahindra World City.

Corporate Debtor on going concern basis

Sale of Ambasamudram Unit Comprising of Land (admeasuring about 202 Acres approx.) and buildings Located at Mukkoodal Village, Ambasamudram, Tirunelvelli District, Tamil Nadu with an option to acquire the Company / Corporate Debtor as going concern