Teaser – Project Twister Buy-out opportunity in a heavy engineering company Strictly Private & Confidential

Company Overview A leading ISO 9001:2008 certified public limited heavy engineering company (not listed) having more than 2 decades of experience in drawing, fabrication & erection of mechanical and engineering equipments and also undertakes projects on turnkey basis Kolkata based and established in 1995 100% owned by promoter Handled EPC projects involving manufacture, supply, inspection, erection & commission of Projects involving civil, structural, mechanical and electrical items In house facility to cater to engineering, fabrication and machining activities 3 manufacturing units 2 owned units – one each in Chennai and Kolkata and 1 leased unit in Rourkela Combined production capacity of 3,100 MT per month Total land area of 38 acres (owned 14 acres + leased 24 acres) Handling capacity of 100 tonnes single piece Directors having more than 35 years of experience in the Industry Lean organization with more than 150 employee Worked in consortium with leading large foreign multinational companies Marquee clientele including the Navratanas of India – leading PSUs in power, steel and railway sectors Caters to core sectors like steel, power, cement, refineries, aluminum, fertilizer, material handling and railways Accreditation – ranked 2 and awarded as best vendor by leading PSU, certified as Part 1 vendor with Indian railways and also pre-approved vendor with number of leading companies in infrastructure sector Key projects executed Manufacturing & supply of boiler structures for power plant Supply of industrial building structural, technological structural, cable trays, ducts, chimney, chutes, skirts, ESP structural for steel plant Turnkey contract for installation of coal crusher & conveyor, pig casting machine Blast furnace slag handling system and bulk material handling system for a steel plant Manufacturing & supply of various parts of rail engine Manufacturing & supply of windmill towers CAGR over 4 years Revenue – 30% EBITDA – 51% PAT – 42% All figures are audited and are in INR million EBITDA is calculated excluding other income Project Twister

Investment Highlights Healthy confirmed (unexecuted) order book to the tune of ~ INR 2,500 million with high margin contracts and currently L1 for orders worth INR 400 million Order book Long standing relationship Experienced operation team Key Clients – SAIL, BHEL, NALCO, BALCO, Vedanta Group, Jindal Group, POSCO, L&T Experienced and motivated second line of management High entry barrier Manufacturing capacity and capability Company undertakes critical structural mechanical work – only 7/8 companies in India have the capability Capacity – 3,100 MT per month with capability to handle 100 tonne single piece Long track record Consortium relationship Over 2 decades of presence, meeting key tender criteria's Experienced to work in consortium environment – partner with leading international companies Players across infrastructure and utilities sector, select project Twister to undertake a key / critical and challenging new work The promoters are desirous to disinvest their stake to a strategic player who could take advantage of the platform to achieve next level of growth and are not averse to sale of significant majority stake Project Twister