MANGANG

Profile for MCPL-VIPL-JV Mngang Constructions Pvt. Ltd (Lead Member) and Vozrozhdenie India vt. Ltd (Other Member)

The JV Company targeted 3 Billion US$ before 2025 of Civil Construction's, National Highway Road, Bridge, Sea Link Project, Development of Human and Infrastructures for General and Technical Education, Tourism, Hydro and Solar Power Plan (Project), Health Institute for Homeopathic, Medical, Paramedical, Inter State Road Connectivity Project, Bamboo and Wood Handicraft Product of Rural Peoples for financial economy developing and All Hill and Village area through Green Revolution, (Plantation). Township Project, Firm House, Bungalow, Shopping Mall Etc.

Main Object for JV Company

The JV Company targeted Civil Construction, National Highway Road, Bridge, Sea Link Project, Development of Human and Infrastructures for General and Technical Education, Tourism, Hydro and Solar Power Plan (Project), Health Institute for Homeopathic, Medical, Paramedical, Inter State Road Connectivity Project, Bamboo and Wood Handicraft Product of Rural Peoples for financial economy developing and All Hill and Village area through Green Revolution, (Plantation). Township Project, Firm House, Bungalow, Shopping Mall Etc.

About the JV

(i), The Mangang Constructions (Lead Member) "is a company stabilized, registered "Private Limited" in 2009 under Ministry of Corporate Affairs, Government of India for" Infrastructures Development, National Highways, Road, Bridge, Civil, Construction, Supply, Private & Government Project, Mangang Constructions is a Groups of Companies which focus mainly on Infrastructures Development, Government Contract work which have experience of 11 years (Eleven) in the field of Constructions in all over India.

(ii), The Vozrozhdenie India Private Limited (VIPL),is a foreign Company, (Other Member), a company stabilized, registered "Private Limited" in 2019 under Ministry of Corporate Affairs, Government of India for" Infrastructures Development, National Highways, Road, Bridge, Civil, Construction, Supply, Private & Government Project. The Vozrozhdenie India Private Limited is a Groups of industrial association companies "Vozrozhdenie", Company Vozrozhdenie was founded in 1989 and has been actively engaged in the Infrastructures Development, National Highways, Road, Bridge, Civil, Construction, Supply, Private & Government Project, market of Saint Petersburg and Russia for 31 years (Thirty-One) already. The key focus area of the company is Infrastructures Development, National Highways, Road, Bridge, Civil, Construction, Supply, Private & Government Project, full-scale landscape construction using natural stone, all types of landscape and planting work.

(iii), The company makes enormous contributions to the restoration of the historical appearance of St. Petersburg. Over 31 years (Thirty-One), the professionals of Vozrozhdenie have done reconstruction, paving and landscaping of the majority of the streets and landmark squares of the city centre. In cooperation with Vozrozhdenie team, were refurbished Nevsky, Liteiny, Vladimir sky, Kamennoostrovsky prospects, Palace square, Birzhevaya square, Sennaya square, Arts square,

Company Vozrozhdenie has got a unique expertise in working with objects of cultural heritage and valuable historic monuments. Peter-and-Paul Fortress is precisely this kind of monument, where a comprehensive reconstruction of the engineering equipment and landscaping was done. For the Group of Companies Vozrozhdenie, its name is not just a trade mark, but a high priority mission. Our slogan is "Preserving the past we create the future"

JV Power and Functions

The Powers of Function of the Mangang Constructions Pvt. Ltd. (Lead Member)

The Private Limited Company Mangang Construction Pvt. Ltd. (Lead Member) and Financial Investment and construction part full responsibility of any kind of Infrastructures development, construction project in India reg.

Valuation Summary

We, M/s Vipin Nitin & Associates, Chartered Accountants do hereby certify that Net Worth of MCPL-VIPL-JV, is valued at Rs.313,70,01,799.00 (Rupees Three Hundred Thirteen Crore Seventy Lakhs One Thousand Seven Hundred Ninety Nine Only) as on 31-03-2019.Refer Annexure-1 as attached.

Source of Valuation

We have valued Net Worth by considering latest Audited Financial Statements (AFS) as available of each entity i.e. for entity "Joint Stock Company Industrial Association" "Vozrozhdenie"-AFS for year ended on 31.12.2018 and for entity "Mangang Constructions Private Limited" (MCPL), AFS for year ended on 31-03-2019.

Method and Approach for Valuation

Net Worth of "(MCPL-VIPL-JV)" as on 31-03-2019 includes combined net worth of, Joint Stock Company Industrial Association Vozrozhdenie" (JSCIAV) as on 31- 12-2018 and "1Mangang Constructions Private Limited" (MCPL) as on 31-03-2019.

Our targeted & plan of Human & Infrastructures development before 2025, Total . targeted value 3 (three) billion of united sate dollars (US$).

The Company targeted development of Human and Infrastructures for General and Technical Education, Tourism, Hydro and Solar Power Plan (Project), Health Institute for Homeopathic, Medical, Paramedical, Inter State Road Connectivity Project, Bamboo and Wood Handicraft Product of Rural Peoples for financial economy developing and All Hill and Village area through Green Revolution, (Plantation). Township Project, Firm House, Bungalow, Shopping Mall Etc.