Notes to Accounts of Supreme (India) Impex Ltd.

Mar 31, 2016

Note (a)

Nature of Security

(i The Working Capital Limits from Canara Bank, Overseas Branch, Surat (Leader Bank) & Dena Bank, B.B. Branch Surat, Bank of India Main Branch Surat, Vijaya Bank Surat are under consortium finance and are secured by hypothecation of Stocks and receivables of the company on a pari passu charge. The limits are further secured by Collateral Security of Immovable property of Factory Land & Building, Commercial Shops, Residential Building and Deposits of the company. The limits are further secured by Land & building of the Subsidiary Company namely Utility Agotech Industries Pvt. Ltd. And are further secured by personal guarantee of Directors & Corporate Guarantee of M/s.Supreme Fine Fab Pvt. Ltd..

(ii) The Company has not defaulted in repayment of loans and interest in respect of the short term borrowings.

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Mar 31, 2015

**During the Month of March 2015, the company brought a fresh issue at NSE (Emerge: ME Platform) by way of initial public offer of 13,12,000 shares @ Rs. 60 per share consisting Rs. 50 for security premium.

(ii) Details of shares held by each shareholder holding more than 5% shares

Note (a)

Nature of Security

(i) The Working Capital Limits from Canara Bank, Overseas Branch, Surat & Dena Bank, B.B. Branch Surat, Bank of india Main Branch Surat are under consortium finance and are secured by hypothecation of Stocks and receivables of the company on a pari passu charge. The limits are further secured by Collateral Security of Immovable property of Factory Land & Building, Commercial Shops, Residential Building and Deposits of the company.

The limits are further secured by Land & building of the Subsidiary Company namely Utility Aquatics Pvt. Ltd. And are further secured by personal guarantee of Directors & Corporate Guarantee of M/s.Supreme Fine Fab Pvt. Ltd..

(ii) The Company has not defaulted in repayment of loans and interest in respect of the short term borrowings:_