SCHEDULE - 03A - FORMAT OF DUE DILIGENCE CERTIFICATE TO BE GIVEN BY THE DEBENTURE TRUSTEE BEFORE OPENING OF THE ISSUE - SEBI (Disclosure and Investor Protection Guidelines) 2000

1 (SCHEDULE III-A) (See clause 5.3.3.1A) FORMAT OF DUE DILIGENCE CERTIFICATE TO BE GIVEN BY THE DEBENTURE TRUSTEE BEFORE OPENING OF THE ISSUE To, SECURITIES AND EXCHANGE BOARD OF INDIA Dear Sirs, SUB.: ISSUE OF ____________________ BY _______________LTD. We, the under noted Debenture Trustee (s) to the above mentioned forthcoming issue state as follows: (1) We have examined various documents pertaining to the security to be created for the said issue and other such relevant documents. (2) On the basis of such examination and of the discussions with the company, its directors and other officers, other agencies and of independent verification of the various relevant documents, WE CONFIRM that: (a) The company has made adequate provisions for and/or has taken steps to provide for adequate security for the debentures to be issued. (b) The company has obtained all the permissions necessary for creating security on the said property (ies). (c) The company has made all the relevant disclosures about the security and also its continued obligations towards the debenture holders. (d) All disclosures made in the draft prospectus / 2 (Red Herring Prospectus (in case of a book built issue) / Prospectus (in case of a fixed price issue) filed with ROC /) letter of offer with respect to the security are true, fair and adequate to enable the investors to make a well informed decision as to the investment in the proposed issue. (3) We have satisfied ourselves about the ability of the company to service the debentures. DEBENTURE TRUSTEE TO THE ISSUE WITH HIS SEAL PLACE DATE: ****** 1 Inserted vide SEBI/CFD/DIL/DIP/Circular No. 11 dated August 14, 2003. 2 Inserted vide SEBI Circular No. SEBI/CFD/DIL/DIP/28/2007/29/11 dated November 29, 2007.