SANJEEV GUPTA Managing Director ___________________________________________________________ y y y He is a Chartered Accountant with around twenty two years experience in the Corporate

Finance, Investment Banking & Advisory industry. He has been trained in Due-Diligence, Private Equity, Valuation of Enterprise & Venture Capital Industry at a course conducted at Singapore. He is the Co-Founder & Managing Director of NEXGEN Financial Solutions Pvt. Ltd. (NEXGEN) an integrated funding solutions provider with focus on both Debt (especially Infrastructure sector) & Equity (especially Private Equity & Venture Capital), with current focus on Power & other infrastructure companies. He is accredited with more than Rs. 38,000 Crores of Fund Raising in the last few years itself. Has been the Visualiser & Co-founder of an Indo US Joint Venture Company focused to launch a Private Equity Fund in India. Has also been recommended by the NASSCOM (to their member Companies) since 1995 for his capabilities to catalyse funds for the growth of companies in the hi-technology & knowledge industry. He has an enviable networking with the Indian and Global Capital Market players including PE Funds & lenders. Possesses excellent relationships with managements of Indian States, SLUs, Corporates, Indian Institutions, Banks, Merchant Bankers, Mobilizes & National & International Institutional investors.

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Credentials : y Prominent State Govt. and SLUs Debt Restructuring (Term Loans & Bonds) Assignments executed : Rs. 407 Crs Rs. 800 Crs Rs.3500 Crs Rs. 800 Crs Rs. 88 Crs Rs. 437 Crs Rs. 160 Crs

 Govt. of Nagaland  Gujarat Alkalies & Chemicals Ltd. (GACL)  Gujarat Electricity Board  Gujarat Industries Power Company Ltd. (GIPCL)  Gujarat State Electricity Corporation Ltd.  Gujarat State Energy Generation Ltd.  Maharashtra State Electricity Board (MSEB)

Prominent State Govt. and SLUs Term Loan Raising Assignments executed :  Govt. of Andhra Pradesh  Govt. of Himachal Pradesh  Govt. of Rajasthan  Gujarat State Electricity Corporation Ltd.  Gujarat State Electricity Corporation Ltd  Gujarat Energy Transmission Corporation Ltd.  Gujarat Electricity Board  Gujarat Industries Power Company Ltd. (GIPCL)  Himachal Pradesh Infrastructure Development Board  Himachal Pradesh State Electricity Board (HPSEB) Rs. 1200 Crs Rs. 500 Crs Rs.1200 Crs Rs. 947 Crs Rs. 1300 Crs Rs. 2000 Crs Rs.300 Crs Rs.1000 Crs Rs.500 Crs Rs.250 Crs

Prominent Equity Transactions of Corporates, Banks, SLUs & other Assignments where he led the Issue Management Team  Amar Remedies Ltd. Rs.20 Cr  Bank of Maharashtra  Canara Bank  FCS Software Solutions Ltd.  Gujarat Alkalies & Chemicals Ltd.  Gujarat Industries Power Company Ltd.  Jai Prakash Hydro Power Ltd.  Petronet LNG Ltd.  Power Trading Corporation of India Ltd.  SIEL Sugar Ltd. (Mawana Sugars Ltd.)  Vijaya Bank Rs. 230 Cr Rs. 385 Cr Rs. 20 Cr Rs. 34.43 Cr Rs. 220 Cr Rs.576 Cr Rs. 300 Cr Rs.93 Cr Rs.8.32 Cr Rs. 240 Cr

Prominent Advisory Assignments involved in :  Gujarat Alkalies & Chemicals Ltd. Expansion Project Financial Advisory  Gujarat State Energy Generation Ltd. Future Expansion Financial Advisory

 National Highway Authority Of India Ltd. (NHAI) BOT - Leader of the Advisory Team y Prominent Structured Assignments involved in :  Gujarat Industries Power Company Ltd. - Financial Re-engineering  Gujarat Electricity Board - Structuring of interest Rate Swap - Rs.4000 Cr  Bank of Punjab - Structured Deal Sale of Retail Portfolio to State Bank of India

DEV RAJ GOEL Director ___________________________________________________________ y Mr. Dev Raj Goel, aged 64 years is a LL.B. graduate. He is also holding a Diploma in Planning & Management from National Institute of Educational Planning & Administration NIEPA) From July 2005, Mr. Goel is holding his directorship in NEXGEN Financial Solutions Pvt. Ltd. and is looking after Business Development, Relationship, Due Diligence and the execution responsibilities. As a team leader, he has syndicated funds amounting to Rs. 1251 crores in past 5 years. Other Debt Proposals are in pipeline that amounts in excess of Rs. 2300 Cr. He has also served in capacity of Director & Senior Vice President for NEXGEN Capitals Limited (SEBI Registered Merchant Banker) till June 2008, during the tenure, he was looking after the Business Development, Relationship Management and Due Diligence. He was additionally overseeing the Execution Responsibility. During the tenure, Mr. Goel concluded the debt assignments amounting to Rs. 947 crores and equity assignments amounting to Rs. 261 crores. From April 2003 to July 2005, Mr. Goel served as a Member of the Delhi Advisory Contract Labour Board, being lead by the Honble Minister of Labour, Govt. of NCT of Delhi. From 1996 to 2002, Mr. Goel was Director (NOT ON BOARD) Planning, Finance & Administration of M/s. MARC Industries Pvt. Ltd. Delhi. His Key responsibilities included establishing MARC as a respected White-goods brand in Northern India & later rest of the country.

Credentials : y His clientele includes: o Debt : Gujarat Energy Transmission Corporation Ltd., Gujarat State Electricity Corporation Ltd o Equity : Birla Cotsyn (India) Limited, Precision Pipes & Profiles Ltd, Deep Industries Limited, Spice Limited, Rossell Tea Limited

AMBASSADOR PREM SINGH , IFS Retd. Chairman, Board of Governors ___________________________________________________________ Education y Fellow, Centre for International Affairs, Harvard University, USA. y Masters in Political Science, Lucknow University, Lucknow, U.P. Work Experience Year July-2001 to December-2004 August 1995 to July 2000 August 1991 to July 1995 February 1988 to July 1991 July 1987 to February 1988 November 1982 to August 1986 July 1981 to November 1982 October 1979 to June 1981 January 1978 to Sept 1979 July 1973 to Jan 1978 February 1971 to June 1973 January 1963 to July 1967

Designation Held Advisor & Vice Chairman-Cum-CEO of Foreign Investment Promotion Board, Govt. of the state of Haryana High Commissioner for India in Singapore Ambassador of India, Kuwait Minister (Commerce) and Director General (Supply), Embassy of India, Washington D.C., USA. Officer on Special Duty, Ministry of External Affairs (MEA), New Delhi High Commissioner for India in Mauritius Ambassador of India, Bahrain Acting High Commissioner for India in Mauritius Deputy High Commissioner for India in Mauritius First Secretary, Permanent Mission of India to UN, Geneva and Consul General in Egypt Under Secretary, MEA, New Delhi, dealing with Sri Lanka, Burma (Myanmar) and Maldives. Arabic Language Trainee in Beirut, Lebanon Also served as Commissioned officer, Indian Army, during Emergency following Chinese Aggression of 1962

Other Interests / Activities y Senior Vice President, All India Movement for Seva Founded by Swami Dayanand Saraswati to help bring Marginalised Sections (Like Adivasis and Deprived Sections of Society) into the Mainstream y Member, Antar-Rashtriya Sahayog Parishad, (Indian Council for International Cooperation), New Delhi. y Member , United Service Institution of India, New Delhi y Member, India International Centre, New Delhi and Goa. y Member, Institute of Defence Studies and Analysis, New Delhi y Member, India Habitat Centre, New Delhi y Member, Delhi Ghymkhana Club, New Delhi

VED JAIN B.Sc, FCA, B.A., L.LB, Member, Board of Governors _____________________________________________________________ Mr. Ved Jain, aged 55 years, Senior Chartered Accountant, is a B.Sc. graduate from Punjab University. He completed his Chartered Accountancy in 1976 (Merit list both in Intermediate and Final Examination). He also holds his BA (Economics) degree from Punjab University. He has also completed his Bachelor of Law from Delhi University. Mr. Jain is a Practicing Chartered Accountant with experience of more than 32 years.

Positions held in Professional & Trade Organization y President, The Institute of Chartered Accountants of India (ICAI) 2008-09. y Vice President, The Institute of Chartered Accountants of India (ICAI) 2007-08. y Member, Central Council of The Institute of Chartered Accountants of India 200407, 2007- 10. y Board Member, International Federation of Accountants (IFAC) 2009-2011, having its Head Quarter at New York. IFAC is a global organization for the accountancy profession with its 138 members and 20 associates in 123 countries all over the world. The IFAC works to protect the public interest by encouraging high quality practices by the world's accountants. y Board Member, South Asian Federation of Accountants (SAFA); Confederation of Asian and Pacific Accountants (CAPA); Indian Institute of Corporate Affairs (IICA) Ministry of Corporate Affairs, Govt. of India. y Member, Quality Review Board constituted by the Ministry of Corporate Affairs; Developing Nations Committee (DNC) of IFAC; Governing Body, National Institute of Public Finance and Policy (NIPF). y Co-Chairman, Committee on Direct Taxes, ASSOCHAM. y Member International Affairs Committee, ICAI, 2002-03 y Life Member, Indian Council of Arbitration, New Delhi. y Member, Editorial Board ICAI; Accounting Standard Board of ICAI 2000-01; Fiscal Law Committee of ICAI, 1999-2000; Expert Advisory Committee of ICAI 199899; Continuing Professional Education Committee of ICAI 199192 and 200304. Positions held in Government y Ex-Member, Income Tax Appellate Tribunal, (in the rank of Additional Secretary), Ministry of Law, Justice and Company Affairs, Government of India, New Delhi. y Director, Government Nominee, MAYTAS Properties Limited y Director, Government Nominee, MAYTAS Infra Limited

G. P. MADAAN L.LB, FCS, Diploma in Labour Laws, Corporate Laws & Management Member, Board of Governors ___________________________________________________________ y Mr. G.P. Madaan, 46, Commerce Graduate from Shri Ram College of Commerce, Delhi University, Law graduate also from Delhi University, Fellow member of ICSI, Diploma in Labour Laws and Diploma in Corporate Laws & Management from Indian Law Institute. At present he is practicing as Corporate Legal and Capital Market Consultant under the name & style M/s TCP Consultancy Pvt. Ltd. He has worked at senior levels with various Indian Corporate Houses. He is well exposed in dealing with various Government Agencies, SEBI, Stock Exchanges, Quasi-judicial Bodies, Banks and Financial Institutions. He also has vast experience of handling matters relating to Capital Market besides an overall experience of over 23 years in Legal, Secretarial, Financial and Managerial Functions. He was a council member of Northern India Regional Council (NIRC) of the Institute of Company Secretaries of India (ICSI) for the term 2001-2006 and was Chairman of NIRC in 2005. He is also a member of Capital Market Committee and Corporate Affairs Committee of PHD Chamber of Commerce and Industry.

Himanshu Goyal L.LB, ACA Member, Board of Governors ________________________________________________________________

He is a Chartered Accountant and a Lawyer(LL.B.) with around eight years experience in the Corporate Laws, Taxation, Corporate Finance, Investment Banking & Advisory industry. He has assisted M/s Vedanta Resources Plc in Corporate Business planning during the year 2005. He is Member, Board of Governors of NEXGEN Financial Solutions Pvt. Ltd.(NFSPL) an integrated funding solutions provider with focus on both Debt (especially Infrastructure sector) & Equity (especially Private Equity & Venture Capital), with current focus on Power & other infrastructure companies. NEXGEN is also a Merchant Banking Category 1 applicant with SEBI. Has been special invitee on various committees of the Institute of Chartered Accountants of India and assisted in policy making. He has an enviable networking with the Indian and Global Capital Market players including PE Funds & lenders. Possesses excellent relationships with managements of Indian States, SLUs, Corporates, Indian Institutions, Banks, Merchant Bankers, Mobilisers & National & International Institutional investors.

Hitender Mehta L.LB, FCA, FCS Member, Board of Governors ________________________________________________________________ y Mr. Hitender Mehta is a Fellow Member of the Institute of Company Secretaries of India (FCS), Fellow Member of the Institute of Chartered Accountants of India (FCA), and a Law Graduate (LL.B.) from University of Delhi. He heads the Gurgaon Law Office of Vaish Associates, a leading Law Firm in India into Corporate, Tax and Business Advisory Services. His practice areas include Infrastructure (Real Estate/Power/ Telecom/ Ports), SEZ/STPI/EOUs, Service Tax, Capital Markets, Corporate Laws and last but not the least, bilateral/ multilateral trade agreements/ negotiations. He has been advising many Indian and Multinational Corporations on business acquisitions, strategic business partnerships, business restructuring, raising funds from domestic or international markets, etc. He gained practical experience in the fields of Customs, Central Excise, Exim Policy, Foreign Exchange Management Laws, Corporate Laws, etc. during his stint with various Indian and Multinational Companies (including over 4-years with an EOU) engaged in sectors like, Automobiles, Power, Telecom, Textiles, and Corporate Legal Advisory Services. He is the Editor of the Newsletter of Vaish Associates titled Tax and Corporate News Bulletin since 2005. He is often invited as panel speaker on various national and international forums to speak on various contemporary corporate laws matters and service-tax related issues. To name a few, he has been invited as panel speaker/ judge by the following business/ professional forums ASSOCHAM International Conference on New SEZ Policy Creating Islands of Economic Excellence at New Delhi (July 2007); ICSI National Finals of 6th All India Elocution Competition on the topic, SEZ is necessary for faster development of Indian Economy at New Delhi (July 2007); Singapore Business Federation to address at its International Conference at Asia Tax Series: India Tax on the topic Taxation of Services in India at Singapore (June 2006); World Law Group Spring Conference on the topic Setting-up a Manufacturing Company in India at New Delhi (March 2006); ICSI-NIRC Rajasthan State Conference on the topic Proposed Penalties and Prosecution Mechanism under the Companies Act, 1956 at Jaipur (November 2005); Goa Institute of Management on India-Singapore Comprehensive Economic Cooperation Agreement (CECA) and Developments at WTO at Goa (August 2005). Authors articles published at various international/ national forums/ professional magazines include the following: International Publications

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Article titled Indian Budget 2007 Indirect Taxes Update published in Tax Planning International Indirect Taxes published by BNA International, London (March 2007). Article titled India: Taxation of Services published in Asia-Pacific Tax Focus, an international legal magazine published by BNA International, London (September 2006). Article titled Spotlight India published in the First issue of e-Newsletter of Soulier, a French Law Firm headquartered at Lyon, France (June 2006). Article titled Special Economic Zones FEMA Perspective published at ASSOCHAM International Conference on New SEZ Policy: Creating Islands of Economic Excellence at New Delhi (July 2007).

ICSI National Conventions/ International Confrences y Theme article titled Creating an Environment for Economic Development (2003) y Theme article titled Fine Tuning India Inc. in Changing Business Environment (2002) y Theme article titled Synchronizing Trade Related Laws: An inevitable Exercise (2001) y Theme article titled Trade Policy Reforms: Looking Ahead (2000) y Theme article titled Competition Policy & Law (1999) Professional Involvement y He was Vice-Chairman of the Northern India Regional Council (NIRC) of the Institute of Company Secretaries of India (ICSI) for the year 2007. He has been elected second time in succession to the NIRC of ICSI (First, for the term 2004-06 and second, for the term 2007-10). y He is Member of the various committees of the apex Indian Chambers of Commerce and Industry, namely o Capital Market Committee of the Associated Chamber of Commerce & Industry (ASSOCHAM); o Foreign Direct Investment (FDI) Committee of the Federation of Indian Chamber of Commerce and Industry (FICCI); o Japan Desk of the PHD Chamber of Commerce & Industry (PHDCCI); o Foreign Trade & Investment Promotion Committee and Corporate Affairs Committee, PHDCCI.

ANOOP MURARI M. Sc. (Chemistry) from IIT, MBA (IIM, Calcutta) Member, Board of Governors ________________________________________________________

Mr. Anoop Murari, has over 30 years of rich experience in Corporate World in his various capacities in India and abroad. He has earlier worked with companies like Union Carbide India Ltd., Shipping Corporation of India Ltd., W.J. Towell & Company, Muscat, Killick Nixon Ltd., Apple Computers and Turner Morrison Ltd. Etc. He is currently engaged in providing Consultancy Services in areas like Debt & Syndication under the name & style AJM Financial Services Pvt. Ltd. at Delhi and has large number of satisfied Corporate Clients including Groups like Ballarpur, India Exposition Mart, Moser Baer, Media Video, Vatika, Parsvanath, Shivnath Rai Harnarain Ltd., etc. His involvement with the company as Member, Board of Governors helps in identifying and leveraging the various potential opportunities in various areas of Corporate Finance & Investment Banking.

VIKAS KUMAR GARG M.COM, ACS Vice President ________________________________________________________ y Qualified as Company Secretary with Post Graduation in Commerce, Mr. Garg is having more than 5 year of working experience in Corporate Affairs, Consulting, Merchant Banking, Equity Market Research, Financial Management. Strength in legal interpretations, legal drafting & presentations.

Experience: Vice President & compliance officer - Corporate Finance & investment banking (merchant banking) NEXGEN FINANCIAL SOLUTIONS PVT. LTD., an infrastructure focused consulting organization in debt and equity syndication [ from feb 2008 to till date] Earlier position y SMC Global Securities Ltd. [ from sep 2006 to Apr 2007] y SMC Capitals Ltd. [from may 2007 to Jan 2008] Debt Transaction of Rs. 2198 Cr. (already completed) Debt Placement / Preparation of Financial Models, Bankable Documents, Estimating Capex Outlay  370 MW Gujarat Based Generating Utility involving a debt amount of INR 947 Cr.  Debt Tie up of INR 1135 Cr. for upcoming expansion projects of transmission utility based in Gujarat  Debt Tie up of INR 116 Cr. for one of the prominent food processing company  700 MW another Generating Arm belonging to Govt. of Gujarat involving a debt amount of INR 300 Cr.  Currently working on debt raising in hospitality, automotive hospitality ventures, retail chain of luxury brand sectors etc. (Current Deal Pipeline : Rs. 2300 Crs.) Equity Transactions Rs. 77.84 Cr. (already completed) Financial Advisory Services in Transactions Structuring and Placement  Joint Responsibilities of drafting, filing DRHP (Draft Red Herring Prospectus), Due Diligence, Investors Presentation in Public Issue of Precision Pipes & Profiles Ltd. involving IPO Amount of INR 75 Cr.  Pre Equity Placement restructuring assignment for Govt. of Gujarat entities  PE Offer Document, Financial Model, Investors Presentation for various companies  Financial Advisory Services Document Writing, Due Diligence Legal & Financial for various other Private Sector companies seeking growth capital.  Enterprise Valuation using various valuation theories Since Aug 2005 to Aug 2006 Self Profession in Secretarial Services y Company Law core functions like Incorporation of Companies, Change of Company Name, Change of Objects of Business, Shift of Registered Office, Striking off name from Register under Companies Act, 1956.

Since Oct'03 to Aug2005 VOLEX FINANCE & INDUSTRIES LTD., a NBFC company engaged in providing short term finance facilities & Personal Loans as Manager Finance cum Company Secretary y Overall heading a team of Finance People in the organization including Income Tax, Balance sheet Finalization, TDS, Sales Tax assessment proceedings apart from looking after the Secretarial Functions in the capacity of designated Compliance Officer. Appraisal of loan cases including Personal Loans & Bills Discounting, conduct of periodic survey and assessment of credit worthiness of clients. Putting Companys funds under diversified investment mix.

Jan'03-Oct'03 with Vinayak Hospital as Finance Controller cum Company Secretary y Preparation of Project Report & loan documentation with Banks for securing term loan finance. y Finalized the Balance Sheet, Income Tax Details / Returns, Salaries, TDS work, internal auditing & other connected assignments Sept'01-Dec'02 with Housing & Urban Development Corp. of India (HUDCO) as Management Trainee y Gained exposure to functions across the Internal Audit Department of HUDCO. y Handled independent Internal Audit of various regional offices / zonal offices of HUDCO like Mumbai, Kolkata, Trivandrum, Raipur, Chennai, Bhubaneswar, Patna etc. covering Project Financing to the tune of 500 crores, retail financing activities of HUDCO & Appraisal aspects of sanction of schemes, collection & levy of all legitimate dues, recovery actions & checking compliance of Board Decisions and Finance & Administration aspects in Regional Offices under new decentralized procedure EDUCATIONAL CREDENTIALS Jun'01 CS from Institute of Company Secretaries of India, Lodi Road, New Delhi 2001 M.Com from Ch. Charan Singh University, Meerut 1998 Advanced Diploma in Network Centered Computing Curriculum from NIIT. 1998 B.Com from Ch. Charan Singh University, Meerut Won 3rd Prize in Economic Law Quiz organized by ICSI at its Regional Council at Prasad Nagar, New Delhi

ASHWANI GUPTA MBA, BBE Assistant Vice President ________________________________________________________ y Qualified as a Management Graduate from IIPM, Mr. Ashwani Gupta is holding his Bachelors degree in Business Economics from Delhi University. He has cleared NCFM covering Derivative Core Module, AMFI-Mutual Fund (Advisors) Module & Commodities Market Module

Work Experience y NEXGEN Financial Solutions Pvt. Ltd. (Feb 08 till date) Position Held : Assistant Vice President Role : The nature of work largely focuses on Capital Market and structure & negotiates deal execution. The primary focus is inclined towards Infrastructure Sector & Real Estate Sector Responsibilities : 1. Structuring and executing Corporate Finance transactions including financial advisory assignments. 2. Raising Equity Capital for companies including structuring, arranging through private and strategic investors. 3. Raising finance for companies from different sources including banks, financial institutions. 4. Developing a strong professional relationship with banks, financial institutions. y SMC Capitals Ltd. Part SMC Group (From June 07 to Jan 08) Position Held : Senior Associate Role : The nature of work largely focuses on Capital Market (majorly Managing Equity & Debt Offerings) Responsibilities 1. Assisting in Transaction Structuring, Due Diligence process 2. Preparing Equity Offer Documents & Investor Presentations 3. Coordination with lenders/bankers & other financial institutions

Planman Financial Pvt. Ltd. (From Mar 06 to May 07) Position Held : Asst. ManagerCorporate Affairs Job Profile : Corporate Finance & Investment Banking Role : Assist corporate finance group in execution of investment banking projects including merger and acquisition advisory and domestic/international capital market transactions. Responsibilities : 1. Prepare business plan & projected financials for companies. 2. Prepare proposal of private equity & term loan for companies. 3. Liaison with banks, financial institutions, venture capitalist. y

Credentials : y Aggregate Fund Raising : Debt raising of Rs. 947 Cr. already completed besides in advanced closure stage of Debt Requirements for Gujarat State Electricity Corporation Ltd. (PSU) for their 2X250 MW Thermal Power Plant of Rs. 1300 Crs. (Ongoing) y Equity raising of Rs. 75 Cr. besides other transactions in pipeline of around Rs. 1150 Cr. of PE Placements as below :o Raising Private Equity for Gujarat State Electricity Corporation Ltd. for an amount of Rs. 750 Cr. (Ongoing) o Raising Private Equity for a Power Generation Company (PSU) of Rs. 400 Crs approx. (Ongoing) y Other Transaction in Pipeline: Amongst the deal pipeline of Rs. 2300 Crs.

Dr. NAMITA GUPTA BHMS, Diploma in End User Computing Assistant Vice President ________________________________________________________ Qualified as BHMS from Nehru Homeopathic Medical College (MHMC) in 1989, Dr. Gupta is also a Diploma holder in End User Computing in 1995-1996(First Division with Distinction) from M/s First Computer

Professional Experience (Trained Merchant Banker with the following experience) y Since February, 2008 to till date, working with NEXGEN Financial Solutions Private Limited as Asst. Vice President Transaction Credentials : Aggregate Debt Raising Rs. 1251 Cr. Debt Transaction aggregating to Rs. 1135 Cr. for one of our most prominent client M/s Gujarat Energy Transmission Corporation Ltd. Another Debt Funding aggregating to Rs. 116 Cr. for one of prominent food processing company y From August, 2005 to January, 2008 worked as Senior Associates, with SMC Capital Limited a SEBI registered Merchant Banking Company involved in the following assignments. Initial Public Offers (IPOs) Aggregate Fund Raising Rs. 222 Cr. Birla Cotsyn (India) Limited - Rs. 107 Crs Precision Pipes & Profiles Ltd. - Rs. 75 Crs. Deep Industries Limited - Rs. 40 Crs. Right Issues / Open Offers Aggregate Fund Raising Rs.39.84 Cr. SPICE Limited -Rs. 37 Crs. Rossell Tea Limited - Rs. 2.84 Crs. IPO / Other Advisory The Delhi Stock Exchange Association Ltd. - Demutualisation Eiffel Infocity Pvt. Ltd. - Organizational Structuring & Equity Advisory Shivnath Rai Harnarain (India) Ltd. later renamed to Shri Lal Mahal Ltd.- Equity Advisory Valuation Assignments ESOP, M&A & FIPB valuation in respect of some of the most Prominent Corporate Houses y From October, 2003 to July, 2005 worked as an Executive with Allianz Securities Limited -A SEBI registered Merchant Banker.

Prominent Advisory Assignments involved in: Gujarat Alkalies & Chemicals Ltd. Restructuring & Expansion Project Funding Rs. 800 Cr. (GACL) Gujarat State Energy Generation Ltd. (GSEG) Financial Restructuring & Debt Raising Rs. 437 Cr. National Highway Authority Of India Ltd. (NHAI) BOT- Member of the Advisory Team for seven projects Prominent Structured Assignments involved in: Gujarat Industries Power Company Ltd.(GIPCL) - Debt Restructuring, Financial Reengineering & Expansion Project Funding Rs. 1970 Cr., Equity : FPO Rs. 220 Cr. Gujarat Electricity Board - Structuring of interest Rate Swap - Rs.4000 Cr Bank of Punjab - Structured Deal Sale of Retail Portfolio to State Bank of India Rs. 300 Cr. (approx) Core Strength Equity Side :  Public Issue Process, Documentation, Due Diligence, Capital Structuring, Issues Marketing & Management and interactions with investors  Preparation and presentation of research reports, investor presentations etc. Debt Syndication  Preparation of Bankable Documents, Information Memorandum, Proposal Formats assisting the appraisal process / due diligence by lenders besides managing the lenders interactions

SAURABH BHATNAGAR MBA (FINANCE) Associate ________________________________________________________ y Mr. Bhatnagar is a MBA having specialized in Finance from the Institute of Management Technology (Nagpur). He is further pursuing the CFA program

PROFESSIONAL EXPERIENCES: NEXGEN Financial Solutions Pvt. Ltd., New Delhi (September 2010 - till date) y Conducting extensive qualitative and quantitative evaluation of various projects including initial due diligence on market, product, management & financial information y Preparing Business Plan, Information Memorandum and Assisting in preparation of Financial Model y Raising debt for companies from different sources including banks & financial institutions y Handling the Secretarial and Company Law compliances of the Company & its Associate companies Frontline Capital Services Ltd., Noida (September 2009 August 2010) (Equity Research Analyst) Job Description covering: y Carrying out extensive Industry & Stock specific Qualitative & Quantitative research

SYSTEM PROFICIENCY y Expert knowledge in MS Office MS Excel, MS Word, MS Power Point y Working Knowledge of MCA site and E-Filing of various E-Forms.

SUKHVINDER SINGH MBA, B.Com, Diploma in Business Finance Associate ________________________________________________________ y Qualified as Master of Business Administration in Finance from Symbiosis Pune, Mr. Singh is a commerce graduate from Delhi University. He is also pursuing his CFA, Level I from ICFAI, Hyderabad. Mr. Singh has also attained certification & Diplomas - Diploma in Business Finance (ICFAI), 2006, NCFM in Derivatives Markets (NSE), 2006, NCFM in Mutual Fund (NSE), 2006 Mr. Singh is having experience of over 3 years encompassing, Project Financing through Debt & Private Equity, Market & Equity research with fundamental analysis.

EXPERIENCE y Associate, NEXGEN Financial Solutions Private Limited (May10 Present) y Consultant/Asst. Manager/Researcher, Investors Trust India, New Delhi (Dec. 08 April 10) y Financial Analyst/Asst. Manager, Resurgent India Limited, New Delhi (Feb. 08 Nov. 08) y Financial Analyst, eBusinessware India Private Limited, Gurgaon (Oct. 06 Jan. 08) KEY DELIVERABLE SKILLS Skills maturation through education, multiple certifications and varied experience enable to competently perform the Fund Raising and Research related activities: Project Financing (Debt / Private Equity / Investment Banking) y Preparation of Business Plan, Financial Plan, Project Reports & Information Memorandum y CMA Data, Board Note y Valuation through Discounted cash flow, PE multiple, Weightage Average y Developed banking relationships & structured debt funding Financial Analysis (Private Equity/Investments) y Conduct research on economic and market data to discern repetitive behavior in financial markets to discover contrarian opportunities that can be profitably exploited. y Perform trend studies of important financial ratios that impact valuation. y Compile qualitative and quantitative data from multiple sources to source market and investment opportunities.