Sale of the assets of the Corporate Debtor being land & building and plant & machinery situated at 123, MIA, Industrial Area, Alwar, Rajasthan, as per Regulation 32(b) of Insolvency & Bankruptcy Board of India (Liquidation Process), 2016 under slump sale.

The Liquidator in Consultation with the SCC members has proposed to sale, All the assets of the Corporate Debtor through 3 option scheme.

Lease land & building

1) 7,21,600 equity shares of Rs. 10/- each of Gayatri Agro Industrial Power Limited, Hyderabad (unlisted company) 2) Commercial Flat No.213, admeasuring 1211 square feet at Swapnalok Complex, SD Road, Secunderabad, TS

“Non-Readily Realisable Assets

Movable Assets ( Inventory of Ready Made Garments, Office equipments) and Immovable assets ( Land )

Block A : Plant & Machinery at PSL Daman unit with Vehicles Block B : Scrap Material at PSL Chennai unit Block C: Scrap Material at PSL Jaipur unit Block D: Multiple Vehicles

Land and Building 182.385 Cents

Furniture Fixture and Office Equipment at Worli - 403-405, Sumer Kendra Co-Op Society Ltd,4th Floor, Behind Mahindra Tower, Pandurang Budhkar Marg, Worli Mumbai – 400018 Along-with Inventory, Plant & Machinery and Other Assets at Bhiwandi godown - H NO. 279, Gala No. 108, 109, 110, Block No. 1, Globe Complex, Owali Village, Bhiwandi, Mumbai – 421302 (Details in Sale Process Memorandum)

Sterling SEZ and Infrastructure Limited assets as a whole including its legal entity, brand name and its financial assets.

OPTION A - All the Assets of Corporate Debtor on a going concern basis OPTION B - Factory Land and Building OPTION C - Plant and Machinery

Detail of Assets: 1. Rights of the Liquidator in IA No.5530/2020 [in C.P. No. (IB)-361(PB)/2018] filed before the Hon'ble NCLT, New Delhi, regarding recovery of Cash in hand and imprest amount of Rs. 12,05,798/- from Suspended/Ex-Directors of Corporate Debtor. 2. Rights of the Liquidator in IA No. 5594/2020 [in C.P. No.(IB)-361(PB)/2018] filed before the Hon'ble NCLT, New Delhi, for reversal of fraudulent transaction of Rs. 11,52,000/- and consequently the recovery of Rs.11,52,000/- from an associate company and/or its Directors. 3. Debtors of the Corporate Debtor

Land & Building along with Plant and Machinery

Sale as Going Concern as per Regulation 32A of the IBBI (Liquidation Process) Regulations, 2016

Factory Sheds and Buildings Plant and Machinery, furniture, equipment and inventory

1 Land and Building and shade – Plot 1305, Area of Plot (in Square Meter) – 1103 2 Inventory lying at GIDC plot 1421 Inventory – Lot 1. like Relay ,MCCB, MCB, HRC Fuse, Current transformer resin cast/tape, motor,Extended Rotary Handle, Power Contactor, Aux Contactor and others etc (Including racks) (excluding crains, main supply control penal, Electrical installation and office equipments )