Demerger – Texmaco rail & Engineering Ltd.

Premerger Shareholding Without Pan

AUDITED FINANCIAL-0923-BELGHARIA ENGG

Point 1 Scheme

Point 3 Valuation Report

Point 4 Fairness Opinion

Point 5 ID REPORT

Point 6 AC REPORT

Point 10 Accounting Treatment

Point 12 NOC

POINT 13 DECLARATION