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BHAWANI INDUSTRIES LIMITED - 315727                                                 page no. : 21

DISCLAIMER : This Report is PRIVATE & CONFIDENTIAL and it is prepared at the request of and for its use by the Subscriber only.  The Subscriber shall use the contents of the Report merely as an aid to its business. Mira Inform Private Limited (“MIPL”) has collated information/data in the Report, which have not been verified unless otherwise specifically mentioned in the Report.  The Subscriber shall independently verify the accuracy and correctness of the information/data before in any way acting upon the same.  MIPL shall not be liable for any harm, injury, loss or damage caused to the Subscriber due to default by the Subscriber’s debtors/beneficiaries in fulfilling their obligations of any nature whatsoever. This Report or any of its portion shall not be used as a documentary evidence or otherwise before any investigative agencies or forum of law. This Report is confidential and proprietary to MIPL.  The Subscriber and/or any other person(s) may not reproduce, publish or disclose any of the contents of the Report to others without the express authorization of MIPL. This Report is prepared and issued to the Subscriber without any risk, responsibility or liability on the part of MIPL or its officials.