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The Justice (Retd) R.M. Lodha Committee (in the matter of PACL) (the “Committee”) in furtherance of the abovementioned order dated February 23, 2018 of the Hon'ble Supreme Court of India, whereby the Hon’ble Court has stated that the sale of the property can be conducted in terms of the report of Justice Lodha Committee and under the supervision of the said Committee, is willing to consider a proposal of PACL Ltd. for effecting sale of its properties in their entirety in accordance with the terms and conditions as contained hereunder. 2. The Committee has already sold through auction, one hundred thirteen (113) properties, details of which have already been communicated vide letter dated 09.02.2018 annexed herewith, and certain properties stand released by Shri. R.S. Virk, District Judge (Retd.), appointed by the Committee, after hearing of objections/ representations from various parties, which are available on the SEBI website.3. PACL Ltd. is therefore required to furnish to the Nodal Officer of the Committee, within a period not exceeding four (4) weeks from the date of this communication, all details of properties owned by PACL Ltd., either directly or indirectly, in terms of the order dated August 04, 2017 of the Hon'ble Supreme Court, categorising such properties as those free from encumbrances /claims and those that are not.

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