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BOARD FOR INDUSTRIAL AND FINANCIAL RECONSTRUCTION

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Case No.70/2006 Duncans Industries Ltd. (DIL)<br />

c) Shareholding pattern:<br />

S.No<br />

.<br />

Name of shareholder (S/Sh) Total no of<br />

shares<br />

%<br />

Shareholding<br />

1. Manoj Gaur *8000 8.00<br />

2. Sameer Gaur *7000 7.00<br />

3. Suren Jain *7000 7.00<br />

4. S.D. Nailwal *7000 7.00<br />

5. Harish K Vaid *7000 7.00<br />

6. R.S. Kuchhal *7000 7.00<br />

7. M.M. Sibbal *7000 7.00<br />

8. M/s Jaypee Uttar Bharat Vikas P<br />

50000 50.00<br />

Ltd (JUBVPL)<br />

Total 1,00,000 100<br />

* Beneficial interest in these shares being held by Jaypee Uttar<br />

Bharat Vikas Pvt. Ltd.<br />

12.2 OTS of dues of secured creditors at Rs 257.21 Cr against<br />

principal o/s of Rs 616.71 Cr<br />

a) An amount of Rs 257.21 Cr shall be paid for payment of OTS<br />

amount of Rs 225 Cr and balance of additional working capital of<br />

Rs 32.21 Cr of Banks and Financial Institutions shall be paid by<br />

KFCL to the banks and financial institutions within 90 days from the<br />

date of sanction of the Scheme in full and final settlement of their<br />

dues.<br />

Principal outstanding of DIL to its secured lenders was Rs 676.70<br />

Cr as on 31.3.2007 (including the outstanding against devolvement<br />

of bank guarantees ), out of which cash credit dues of Rs 60 Cr<br />

serviceable from tea operations would be retained in the residual<br />

DIL, and the balance amount of the principal dues aggregating to<br />

Rs 616.71 Cr, out of which Rs 14.34 Cr towards additional<br />

working capital has already been paid uptill 31.03.2010 by DIL, and<br />

the balance debt of Rs 602.36 Cr is proposed to be settled for Rs<br />

257.21 Cr and the settled amount shall be transferred to KFCL.<br />

26 --

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