In accordance with the requirements of Accounting Standards (AS) - 18 on Related Party Disclosures, the names of the related parties where control exists and/or with whom transactions have taken place during the year and descriptions of relationships, as identified and certified by the management, are:

I. Key Management Personnel

- Mr. ASHISH MITTAL (Managing Director)

- Mr. SACHIN GOYAL (Chief Financial Officer)

- Ms. RUCHI AGGARWAL (Company Secretary)

II. Others

- Mr. SUNIL MITTAL (Director)

- Ms. NEENA MITTAL (Director)

Disclosure of transactions between the Company and Related Parties during the year in the ordinary course of business and status of outstanding balances at year end:

I. Key Managerial Personnel

ii. In the opinion of the Board of Directors and to the best of their knowledge and belief the realizable value of Current Assets, Loans and Advances in ordinary course of business is not less than the value stated in the Balance Sheet.