Confidential

Amazan Capital Limited

Private Placement of Secured Redeemable Non-Convertible Debentures

Issuer: Issue:

Amazan Capital Limited (the Company). Private placement of Bonds, in the nature of secured, redeemable, non-convertible debentures of our Company, aggregating up to Rs 25 Cr Secured redeemable non-convertible bonds maturing May/June 2018 with a put call option after 5 years in May/June 2016. The Issue will be callable and putable at par. Annual i.e. yearly payment of interest.

Investment format:

Frequency of Interest: Rate of Interest:

Face Value: Issue Price: Minimum Application: Issuance: Trading: Lock In Period: Redemption/Maturity Date: Security:

Rs 1000 Rs 1000 5 (Five) Bonds In physical and/.dematerialized form NA N/A 7 Years from the date of allotment with put call option at the end of five years. The redemption proceeds will be paid to the holders at the end of 5th, 6th and seventh year in the ratio of 30:30:40. First charge on warehouse receipts, receivables, Inventory held at National Collateral Management Services Limited (NCMSL) and funds in the escrow account of the escrow banker and sale proceeds of oil, rice and egg of the company with an asset cover of up to 1.25 times . Up to 1.25 times of the payment made against purchase of inventories. Shortfall guarantee by Amazan Agro Products Ltd for interest and principal payment by execution deed with IDB Trusteeship & Banker IDBI Trusteeship Company Limited with Trusteeship services and

Security Cover: Optional Guarantee: Debenture Trustee:

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Confidential agreements. Depositories: Registrar: Lead Managers: Rating: Issue Schedule: Date of Allotment: BWR A-(SO) Issue Opening Date: [Month], 2011 and Issue Closing Date: [Month] 2011 The date of allotment shall be the date on which the Board / Committee of Directors, as the case may be, approves the allotment of the Bonds National Electronic Clearing System Cheques / Demand Drafts / Warrants Direct Credit NEFT RTGS NSDL Karvy Computershare Private Limited

Modes of Payment:

OTHER THAN THE OBLIGATIONS EXCLUSIVITY AND CONFIDENTIALITY, THIS TERM SHEET DOES NOT CONSTITUTE OR EVIDENCE A BINDING OFFER OR AGREEMENT A BINDING AGREEMENT WITH RESPECT TO THE PROPOSED TRANSACTION WILL ARISE ONLY AFTER THE INVESTORS HAVE COMPLETED THEIR DUE DILIGENCE TO SATISFACTION AND MUTUALLY SATISFACTORY DEFINITIVE AGREEMENTS HAVE BEEN NEGOTIATED AND EXECUTED.

AGREED BY Amazan Capital Limited.

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