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Investor Presentaiton

PRESENT PROPOSAL ■ To terminate the CMA by mutual consent. ■ Acquire 100% shares of SMG held by SMC (at net book value in terms of the provisions of the CMA). Pay for the SMG shares held by SMC by making preferential issue of MSIL equity shares to SMC. The transaction to be done in terms of SEBI and RBI regulations and as per the provisions of the CMA. ■ Seek approval of majority of minority shareholders for this entire transaction. ■ Seek approval of shareholders, by way of special resolution, for preferential issuance of MSIL equity shares to SMC. 7
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