SECTION VI - LEGAL AND OTHER INFORMATION
OUTSTANDING LITIGATION AND OTHER MATERIAL DEVELOPMENTS

Except as stated in this section, there are no: (i) outstanding criminal proceedings involving our Company,
Subsidiaries, Promoter or Directors; (ii) outstanding actions taken by statutory or regulatory authorities
involving our Company, Subsidiaries, Promoter or Directors; (iii) outstanding claims involving our Company,
Subsidiaries, Promoter or Directors for any direct or indirect tax liabilities; (iv) outstanding litigations as
determined to be material by our Board as per the Materiality Policy; (v) disciplinary actions including penalties
imposed by SEBI or stock exchanges against our Promoter in the last five Financial Years including any
outstanding action; and (vi) outstanding litigation involving our Group Companies which has a material impact
on our Company.

In accordance with the Materiality Policy, all pending litigation involving our Company, Subsidiaries, Promoter
or Directors, other than criminal proceedings, statutory or regulatory actions and taxation matters, would be
considered ‘material’, if the monetary amount of claim made by or against the Company, its Subsidiaries,
Directors and Promoter in any such pending litigation is in excess of 3.00% of the consolidated profit after tax of
our Company for Financial Year 2020, being % 12.32 million (as per the Restated Financial Information) or any
such litigation, an adverse outcome of which would materially and adversely affect our Company's business,
operations, prospects, financial position or reputation, irrespective of the amount involved in such litigation.

Further, it is clarified that for the purpose of the above, pre-litigation notices received by our Company,
Subsidiaries, Promoter or Directors from third parties (excluding those notices issued by statutory/regulatory/tax
authorities or notices threatening criminal action) shall, in any event, not be considered as litigation and
accordingly have not been disclosed in this section until such time that the Company, Subsidiaries, Promoter or
Directors are impleaded as defendants in litigation proceedings before any judicial forum.
Unless stated to the contrary, the information provided below is as of the date of this Prospectus.
L LITIGATION INVOLVING OUR COMPANY
A. Outstanding criminal proceedings involving our Company
Criminal proceedings against our Company
There are no criminal proceedings pending against our Company.
Criminal proceedings by our Company
There are no criminal proceedings pending which have been initiated by our Company.
B. Outstanding material civil litigation involving our Company
Civil proceedings against our Company
1. N. Sundaram (“Petitioner”) filed a suit against C. Padmavathy, M. Thulasiammal (“Defendants”) and
another before the Court of District Munsif of Coimbatore, for, among others,: (a) rectifying the
particulars of a sale deed executed by the Petitioner and the Defendants in relation to sale of certain
portion of land aggregating to 2.19 acres wrongfully transferred to the Defendants; and (b) restraining
the Defendants from alienating the disputed land. The disputed land was purchased our Company from
the Defendants before the aforesaid suit was initiated. The matter has been transferred from the Court of
District Munsif of Coimbatore to the Court of District Munsif, Sulur. Subsequently, the Petitioner filed
a petition to implead our Company as one of the defendants in the matter. The matter is currently pending.
Civil proceedings by our Company
1. Our Company issued a demand notice dated February 8, 2019 to Inox Wind Limited (“Corporate
Debtor”) for recovery of unpaid operational debt aggregating to = 8.47 million (including interest).

Subsequently, our Company filed an application (“Application”) before the National Company Law
Tribunal, Chandigarh (“NCLT”) to initiate insolvency proceedings against the Corporate Debtor under

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