Option A- Sale as Going Concern or Option B-Sale of Assets on Collectively majorly with Leasehold land, building and furniture and fixtures in chemical zone of Mahad Industrial Area

Lot 1 Corporate Debtor as a whole (on a going concern basis)

Block 10 Stock / Inventory (consisting majorly of granite slabs / blocks/ stones)

Block 9 Stock / Inventory (consisting majorly of granite slabs / blocks/ stones in quarry)

Block 8 Stock / Inventory (consisting majorly of granite slabs / blocks/ stones in quarry)

Block 7 Plant and Machinery

Block 6 Freehold Land with Factory Building

Block 5 Freehold Land of 2.43 Acres

Block 4 Freehold Land

Block 3 Mining lease land - Quarry taken on lease for colour granite quarries are spread over the extent of 4.929 hects

Block 2 Mining lease land - Quarry taken on lease for colour granite over an extent of 3.33 hects

Block 1 Mining lease land - Quarry taken on lease for colour granite over an extent of 1.80 hects

Sale of Corporate Debtor as a Going Concern, Land and Building & Plant and Machinery, Securities & Financial Assets

A non-agricultural open land admeasuring about 34338 sq. fts. or thereabout including private road.

The Liquidator, in consultation with the Committee members, has proposed the sale of the Corporate Debtor's assets. Given that the inventory includes precious metals like Gold, Silver etc. the reserve price will be announced on the date of the auction, as the market rates for gold and silver fluctuate daily.

13 Cars located at Mahipalpur warehouse

This is with reference to the Sale Notice issued by the Liquidator of Gitanjali Gems Limited, on September 2, 2025, in The Financial Express (All India English Edition) and Navshakti (Marathi). It has come to our attention that the published notice contains an inadvertent error: • The Reserve Price and the Initial EMD were mistakenly interchanged. • The amount mentioned as the Reserve Price should be read as the Initial EMD, and the amount mentioned as Initial EMD should be read as Reserve Price. • It is hereby clarified that the EMD amount mentioned as Rs. 10,15,000/- under Options A, B, and C is erroneously stated. The correct EMD amount is Rs. 1,15,00,000/- for Options A, B, and C. So the EMD amount will also get change from Rs. 91,75,000/- to Rs. 4,06,30,000/-.

LOT 4: Vacant Land at Market Street

LOT 3: Madhuravoyal Flats 6 Residential Flats