AF.1/13, First Floor, Imlok-II, Nadesar Varanasi 221 002, Uttar Pradesh. Ph. (0542) - 2507063 E-mail : ca.jkpatel@gmail.

com

SEARCH REPORT I have inspected the document submitted for registration of charge at the office of the Registrar of Companies, U. P. and Uttaranchal, for charge created on the assets of M/s DEVI ENTERPRISES LIMITED. (Company No.20-25342 & CIN No.U74210UP2000PLC025342) on 02-07-2010 and on the basis of such inspection, we hereby report that as on dated following particulars in respect of above name company have been so registered: Charge -1 : S. No. 1 2 3 4 5 6 7 Particular Date & Kind of Document Date of Registration of Document Amount Property Charged Terms & Conditions Charge Holder Modification and Satisfaction (if any) : : : : : : : Description Hypothecation Agreement Dated 28.12.01 25-.01.2002 at Serial No.14 Rs.59,19,000/Hypothecation of 6 LPK 2516138 TC front end Box 14cc Hypo Body S/R Trippers valued Rs.79,19,142/Interest @16% pa with quarterly rest. Punjab and Sind Bank, Lahurabir, Varanasi Satisfied on 27.02.04 registered on 18.10.04 at Sl. No.36

Charge -2 : S. No. 1 2 3 4 5 6 7 Particular Date & Kind of Document Date of Registration of Document Amount Property Charged Terms & Conditions Charge Holder Modification and Satisfaction (if any) : : : : : : : Description Deed of Hypothecation Dated 20.12.2004 24.01.2005 at Serial No.39 Rs.20,51,000/One no Inger soil Rend IDD 100 Vibratory Soil Compactor Amount payable in 35 installments of Rs.58,600/- p.m. Srei Infrastructure Finance Limited Vishwakarma, 86C, Tapasia Road (South), Kolkata N. A.

AF.1/13, First Floor, Imlok-II, Nadesar Varanasi 221 002, Uttar Pradesh. Ph. (0542) - 2507063 E-mail : ca.jkpatel@gmail.com

Charge -3 : S. No. 1 2 3 4 5 6 7 Particular Date & Kind of Document Date of Registration of Document Amount Property Charged Terms & Conditions Charge Holder Modification and Satisfaction (if any) : : : : : : : Description Hypothecation Agreement Dated 09.03.2005 08.04.2005 at Serial No.41 Rs.10,00,00,000/- (1000 Lacs) Hypothecation on Machinery and Equipments of value Rs.915 Lacs 50% Commission on Bank Charges 20% Cash Margin. Punjab National Bank, Pandeypur, Varanasi 1. Agreement dated 25.03.06 registered on 19.04.06 at Sl. No.52 Enhancement of Bank Guarantee Limit from Rs.1000/Lacs to Rs.2080/- Lacs. 2. Agreement dated 07.10.06 registered on 21.11.06 at Charge ID 90276104 Enhancement of Bank Guarantee Limit from Rs.2080/- Lacs to Rs.4748/- Lacs. The modified value of assets charged is Rs.1333.74 as against Rs.915/- Lacs earlier and variation of Cash Margin of 15% in place of 20% earlier. 3. Agreement dated 25.09.07 registered on 24.10.07 at Charge ID 90276104 Enhancement of Bank Guarantee Limit from Rs.4748/- Lacs to Rs.9290/- Lacs and fresh Book debts limit of Rs.300 Lacs. The modified value of assets charged is Rs.1390.74 as against Rs.1333.74/- Lacs earlier and variation of Cash Margin of 20% in place of 15% earlier and 50% Margin on Book Debts Facility. Additionally, Rate of Interest on Book debts @ BPLR + 2% i.e. 15% presently. 4. Agreement dated 25.10.08 registered on 24.11.08 at Charge ID 90276104 for hypothecation of House Property on Plot No.4, in GLR No.625 admeasuring 349 Sq. Yard situated at Sri Vigneshwara Cooperative Housing Society, Karthik Enclave, Taruband, Secundarabad, Cantonment. 5. Agreement dated 19.03.09 registered on 17.04.09 at Charge ID 90276104 Reduction of Bank Guarantee Limit from Rs.9290/- Lacs to Rs.4894/- Lacs and Enhancement of Book debts limit of Rs.600 Lacs from Rs.300/- Lacs earlier. The modified value of assets charged is Rs.1872.90 as against Rs.1390.74/- Lacs earlier and. Reduction of Rate of Interest on Book debts @ BPLR + 1% i.e. 13.50%

AF.1/13, First Floor, Imlok-II, Nadesar Varanasi 221 002, Uttar Pradesh. Ph. (0542) - 2507063 E-mail : ca.jkpatel@gmail.com

presently in place of BPLR + 2% i.e. 15% earlier. 6. Bank Certificated dated 07.05.2010 registered on 02.07.10 at Charge ID 90276104 for release of property registered at Sl No. 4 above i.e., hypothecation of House Property on Plot No.4, in GLR No.625 admeasuring 349 Sq. Yard situated at Sri Vigneshwara Cooperative Housing Society, Karthik Enclave, Taruband, Secundarabad, Cantonment amount of Rs.100 Lacs.

Charge -4 : S. No. 1 2 3 4 Particular Date & Kind of Document Date of Registration of Document Amount Property Charged : : : : Description Deed of Hypothecation Dated 28.12.2001 13.06.2005 at Serial No.39 Rs.800/- Lacs The whole of the borrower stock of Raw Material, goods in process, semi finished and finished goods, consumable stores, spares and such other movable including book debts, bill whether in the possession or under control of the borrower or not whether now lying or stored in about or shall hereafter from time to time during the continuance of these present be brought into or upon or be stored in or about all the borrower factories, premises and godowns situated at Near Arya Samaj Mandir, VIP Road, Obra, Sonebhadra, UP in the course of transit or on high seas or on order of on delivery. As per Annexure ICICI Bank Limited Land Mark Building, Race Cross Circle, Vadora, Branch Office: ICICI Bank Ltd., CIBD, ICICI Bank Tower, Begumpet, Hydrabad. N. A.

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Terms & Conditions Charge Holder

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Modification and Satisfaction (if any)

AF.1/13, First Floor, Imlok-II, Nadesar Varanasi 221 002, Uttar Pradesh. Ph. (0542) - 2507063 E-mail : ca.jkpatel@gmail.com

Charge -5 : S. No. 1 2 3 4 5 6 7 Particular Date & Kind of Document Date of Registration of Document Amount Property Charged Terms & Conditions Charge Holder Modification and Satisfaction (if any) : : : : : : : Description Deed of Hypothecation Dated 24.09.2005 24.11.2005 at Serial No.45 Rs.39,62,125/One no APOLO AP 550 Paver Finisher. Amount payable in 29 installments. Srei Infrastructure Finance Limited Vishwakarma, 86C, Tapasia Road (South), Kolkata NIL

Charge -6 : S. No. 1 2 3 4 5 6 7 Particular Date & Kind of Document Date of Registration of Document Amount Property Charged Terms & Conditions Charge Holder Modification and Satisfaction (if any) : : : : : : : Description Deed of Hypothecation Dated 15.12.2005 Agreement No.LOQ146 dated 15.12.2005 18.01.2006 at Serial No.46 Rs.17,54,130/One no JCB 3 DX Excavator Loader Amount payable in 35 installments. Srei Infrastructure Finance Limited Vishwakarma, 86C, Tapasia Road (South), Kolkata NIL

Charge -7 : S. No. 1 2 3 4 5 6 7 Particular Date & Kind of Document Date of Registration of Document Amount Property Charged Terms & Conditions Charge Holder Modification and Satisfaction (if any) : : : : : : : Description Deed of Hypothecation Dated 15.12.2005 Agreement No.NLOQ146 dated 15.12.2005 18.01.2006 at Serial No.47 Rs.44,49,240/One no L2T Komestu Hydraulic PC 200-6 Amount payable in 35 installments. Srei Infrastructure Finance Limited Vishwakarma, 86C, Tapasia Road (South), Kolkata NIL

AF.1/13, First Floor, Imlok-II, Nadesar Varanasi 221 002, Uttar Pradesh. Ph. (0542) - 2507063 E-mail : ca.jkpatel@gmail.com

Charge -8 : S. No. 1 2 3 4 5 6 7 Particular Date & Kind of Document Date of Registration of Document Amount Property Charged Terms & Conditions Charge Holder Modification and Satisfaction (if any) : : : : : : : Description Deed of Hypothecation Dated 15.12.2005 Agreement No.LOQ147 dated 15.12.2005 18.01.2006 at Serial No.48 Rs.2,93,87,720/20 Nos of Tata LPK 2516 Hyva Amount payable in 35 installments. Srei Infrastructure Finance Limited Vishwakarma, 86C, Tapasia Road (South), Kolkata NIL

Charge -9 : S. No. 1 2 3 4 5 6 7 Particular Date & Kind of Document Date of Registration of Document Amount Property Charged Terms & Conditions Charge Holder Modification and Satisfaction (if any) : : : : : : : Description Deed of Hypothecation Dated 15.12.2005 Agreement No.LOQ190 dated 15.12.2005 18.01.2006 at Serial No.49 Rs.95,59,500/4 Nos of IInd Hand FM 72908 Tipper Amount payable in 22 installments. Srei Infrastructure Finance Limited Vishwakarma, 86C, Tapasia Road (South), Kolkata NIL

Charge - 10 : S. No. 1 2 3 4 5 6 7 Particular Date & Kind of Document Date of Registration of Document Amount Property Charged Terms & Conditions Charge Holder Modification and Satisfaction (if any) : : : : : : : Description Deed of Hypothecation Dated 15.12.2005 Agreement No.LOQ189 dated 15.12.2005 18.01.2006 at Serial No.50 Rs.95,59,500/4 Nos of IInd Hand FM 7290844 Tipper Amount payable in 35 installments. Srei Infrastructure Finance Limited Vishwakarma, 86C, Tapasia Road (South), Kolkata NIL

AF.1/13, First Floor, Imlok-II, Nadesar Varanasi 221 002, Uttar Pradesh. Ph. (0542) - 2507063 E-mail : ca.jkpatel@gmail.com

Charge - 11 : S. No. 1 2 3 4 5 6 7 Particular Date & Kind of Document Date of Registration of Document Amount Property Charged Terms & Conditions Charge Holder Modification and Satisfaction (if any) : : : : : : : Description Deed of Hypothecation Dated 15.12.2005 Agreement No.LOP787 dated 22.12.2005 07.02.2006 at Serial No.51 Rs.60,69,000/1 No of Volo EC 290 Excavator Amount payable in 35 installments. Srei Infrastructure Finance Limited Vishwakarma, 86C, Tapasia Road (South), Kolkata NIL

Charge - 12 : S. No. 1 2 3 4 Particular Date & Kind of Document Date of Registration of Document Amount Property Charged : : : : Description Deed of Hypothecation Dated 03.12.2007 02.01.2008 at Charge ID No.10080420 Rs.46,04,100/Machinery and Equipments at Kamareddy, Nizamabad site such as Vibratory Soil Compactor, Light Source, Stationary Concrete Batching/Mixing Plant, Diesel Generating Set, Concrete Transit Mixer Machine, Taurus, Tippers, Wheel Loader, Hydraulic Motor Grader,etc. Shall Be repaid as percentage deduction from interim payments certified by project Manager on such terms and conditions of contact agreement duly entered into between both t he parties. GMR Projects Private Limited 6-2-953, 1st Floor, Krishna Plaza, Khairtabad, Hydrabad, AP-500004. NIL

Terms & Conditions

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Charge Holder Modification and Satisfaction (if any)

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For JITEDRA KUMAR PATEL Chartered Accountant Proprietor M. No.407063 Date : 02nd July, 2010 Place : VARANASI