POSCO INDIA HOLDING PVT LTD

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Ira Preston
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1 HOLDING PVT LTD 193, Sector-4, Bawal Industrial Area, Bawal, Haryana, , INDIA, Haryana E-Business Dot Com Pvt. Ltd. is an authorized e-commerce service provider for HOLDING PVT LTD., (Seller) to obtain rates online through its portal SELLER NAME AUCTION TO BE CONDUCTED BY DATE & TIME OF AUCTION SPECIAL INSTRUCTIONS HOLDING PVT LTD 193, SECTOR-4, INDUSTRIAL AREA,, HARYANA, , INDIA, HARYANA E-BUSINESS DOT COM PVT LTD 14/2 SOUTH TUKOGANJ,INDORE MADHYA PRADESH. PH: / PORTAL : AUCTION DATE : 06 th JULY TIME : OPENING TIME 02:00 & CLOSING TIME 03:00 (WITH THE GAP OF 3 MINUTES BETWEEN EVERY LOT, FOR DETAILS PLS CHECK WEBSITE) (AUTO EXTENSION AS APPLICABLE) AUCTION WEBSITE: BIDDING IN THE LAST MINUTES AND SECONDS SHOULD BE AVOIDED IN THE BIDDERS OWN INTEREST NEITHER THE SERVICE PROVIDER NOR SELLER WILL BE RESPONSIBLE FOR ANY LAPSES /FAILURE ON THE PART OF THE VENDOR, IN SUCH CASES. SCHEDULE OF PROGRAM INSPECTION OF MATERIAL TILL 05 TH JULY 18 HOLDING PVT LTD. VENUE OF INSPECTION ADDRESS- 193, SECTOR-4, INDUSTRIAL AREA,, HARYANA, ADRESS- INDIA, HARYANA EMD DETAILS FOR PARTICIPATION IN AUCTION KINDLY PREPARE REFUNDABLE EMD NEFT/RTGS ORDER DRAWN IN FAVOR OF EMD- 50,000/- BANK NAME HDFC BANK A/C NO ACCOUNT PAYEE E-BUSINESS DOTCOM PVT. LTD. IFSC CODE HDFC BRANCH NAME UG-1&2, TRADE HOUSE, SOUTH TUKOGANJ, INDORE MADHYA PRADESH

2 PARTICIPATION FEE (NOT APPLICABLE FOR EXISTING MEMBERS REGISTERED WITH E-BUSINESS DOT COM PVT LTD.) RS - FOR ONE YEAR RS FOR LIFE TIME A/C DETAIL- IFSC CODE- HDFC BRANCH CODE A/C NO CONTACT PLANT MATERIAL VALIDITY- Auction ID Company ] ] ] ] ] ] ] ] ] ] ] ] Product CR/HR/GA/GI MIX SHEET CUT WIDER,BLANKING SHEET REJECTION CR/HR/GA/GI MIX SHEET CUT (NARROW)& CR/GI SHEET CUT (NARROW,WIDER & SIDE SLIT SCRAP) TWB REJECTED BLANK CR/HR/GA/GI/POSMAC SIDE SLIT CRGO/CRNO TRIMMING/SIDE SLIT/ SHEET SCRAP & GO TRIMMING STS MIX SHEET SCRAP S.S. TRIMMING SS SIDE SLIT CR/HR/GA/GI MIX TRIMMING & CR/GP MELTING SCRAP GO MELTING SCRAP GO CUT SHEET GO SIDE SLIT Material Location Start Date End Date 03:00:00 03:03:00 03:06:00 03:09:00 03:12:00 03:15:00 03:18:00 03:21:00 03:24:00 03:27:00 03:30:00 03:33:00 Quantity 100 MT 150 MT 50 MT 200 MT 50 MT 30 MT 40 MT 20 MT 350 MT 20 MT 10 MT 5 MT Material Lifting Validity

10352 10353 10354 10355 10356 10357 10358 10359 10360 ] ] ] ] ] ] ] ] ] BLANKING DIE SCRAP GP SIDE / ROUND COVER GARBAGE TROLLY WOODEN BLOCK WOODEN DUST USED ID/OD USED PACKING STRIP IRON CUT PIECES

3 ] ] ] ] ] ] ] ] ] BLANKING DIE SCRAP GP SIDE / ROUND COVER GARBAGE TROLLY WOODEN BLOCK WOODEN DUST USED ID/OD USED PACKING STRIP IRON CUT PIECES ELECTRICAL SCRAP 03:36:00 03:39:00 03:42:00 03:45:00 03:48:00 03:51:00 03:54:00 03:57:00 04:00:00 80 MT 100 MT 12 Trolley KG 7000 KG 2000 KG 5000 KG 2000 KG 500 KG SPECIAL T&C : 1. If any discrepancy comes after bidding, buyer /vendor will be black listed for ever & security will be forfeit as a penalty 2. Material should be lift on priority as per user request. CR/HR/GA/GI MIX Sheet cut wider,blanking sheet rejection PICTURES CR/HR/GA/GI MIX SHEET CUT (Narrow)& CR/GI Sheet Cut (Narrow,Wider & Side Slit Scrap)

4 TWB REJECTED BLANK CR/HR/GA/GI/Posmac Side Slit CRGO/CRNO Trimming/Side Slit/ Sheet Scrap & GO Trimming STS MIX SHEET SCRAP S.S. TRIMMING SS SIDE SLIT

5 CR/HR/GA/GI MIX TRIMMING & CR/GP MELTING SCRAP GO MELTING SCRAP GO CUT SHEET Blanking Die Scrap GP SIDE / ROUND COVER

6 GARBAGE TROLLY WOODEN BLOCK WOODEN DUST USED ID/OD USED PACKING STRIP IRON CUT PIECES

ELECTRICAL SCRAP PROCEDURE OF FORWARD AUCTIONING HOLDING PVT LTD will declare its Starting Price (SP), which shall be visible to the all vendors during the start of the forward Auction.

7 ELECTRICAL SCRAP PROCEDURE OF FORWARD AUCTIONING HOLDING PVT LTD will declare its Starting Price (SP), which shall be visible to the all vendors during the start of the forward Auction. The start price of an item in online forward auction is open to all the participating bidders. Any bidder can start bidding, in the online forward auction, from the start price itself. The second online bid and onwards will have to be higher than the H1 rate by minimum one increment value, or higher. The minimum bid increment amount shall be display at the time of auction. The Bidding Rates will be on Per MT /Per Number etc. Bidding in the last minutes and seconds should be avoided in the bidders own interest Neither the Service Provider nor Seller will be responsible for any lapses /failure on the part of the vendor, in such cases. The Auto Bid feature allows Bidders to place an automated bid against other Bidders in an auction and bid without having to enter a new amount each time a competing Bidder submits a new offer. Auto bid is not a confirmed bid. It is only the maximum ceiling amount set by the bidder to enable the auction engine to place bids on his behalf, whenever he is out bided, up to the ceiling set by him. You will be able to view the following on your screen along with the necessary fields in the Forward Auction:- (a) Highest Bid in the Auction. (b) Bid Placed by you. (c) Opening Price & Increment Value. (d) Final Closing Price. Training: Steelez.com will provide training (online) if required by the bidders at a mutually Convenient date and time before the Auction.

8 TERMS & CONDITIONS OF FORWARD AUCTION (TO BE SIGNED ON EACH PAGE BY THE PARTICIPANT IN AUCTION) Subject to the reserve price, if any, fixed by HOLDING PVT LTD and subject to the terms and conditions set out herein, sale shall be made to the HIGHEST BIDDERS (H1 and H2) on AS IS WHERE IS BASIS and NO COMPLAINT BASIS IS. HOLDING PVT LTD does not undertake any responsibility to procure any permission/license etc. in respect of the auction property offered for sale. After the Lifting the material, Buyer is supposed to the check the material with respect to Invoices before taking out the material from the seller premises. HOLDING PVT LTD reserves the right to enter into parallel contact to more than one bidder. In that case H2 party needs to match H1 price. H1 bidder will lift the material for first part of working days of the contact period as per SOB (Share of Business). H2 bidder will lift for second half of working days of contact period as per SOB. HOLDING PVT LTD reserves the right to modify and amend the terms & conditions and announce the same at any time before the auction concludes. Announcements during the auction on the website including announcement of any additional conditions OR correction in the catalogue and/or additions or deletions of items being offered for sale are being done with the consent and knowledge of HOLDING PVT LTD and it is binding on the bidder. HOLDING PVT LTD and e-business dot Com Pvt Ltd is not responsible for any damages, including damages that result from, but are not limited to negligence. E-Business dot Com Pvt. Ltd will not be held responsible for consequential damages, including but not limited to systems problems, inability to use the system, loss of electronic information etc. HOLDING PVT LTD Steelez.com will not entertain any complaints or objections once Bid is placed. In the event of failure on the part of the successful bidder to fulfill his contractual obligations,posco INDIA HOLDING PVT LTD Steelez reserves the right to debar such bidder from participating in any future auction conducted by Steelez on behalf of HOLDING PVT LTD and take any other penal action as described in the contract. The highest bidder does not get any right to demand acceptance of his offer. SELLER reserves the right to accept/ reject/ cancel any bid, withdraw any portion of the Auction Property at any stage from Auction even after acceptance of bid/ issue of delivery order or release order/ deposit of full value by successful bidder without assigning any reason thereof. In the event of such rejection/ cancellation/ withdrawal, SELLER, shall refund the value of Auction Property, if paid for, to the successful bidder. SELLER shall not be responsible for any damages/loss whatsoever to the successful bidder on account of such withdrawal. Quantity can vary 25 % +- on th material Auctioned. In no case, Buyer will be allowed to take the materials without complete payment of Invoice. LIFTING OF MATERIAL:-The time is the essence of the contract and the successful tenderer (s) should start lifting the material with immediate effect on award of contract. PENALTY FOR NON LIFTING OF MATERIAL:-In case the materials are not lifted from the factory as indicated in the Contract sheet/schedule, POSCO-IDPC, reserves its rights to dispose it off to any other party and loss will be made good by the successful tenderers and HOLDING PVT LTD The successful tender(s) shall also be liable to pay loss and damages. No extension will normally be permitted either for deposit of amount or for lifting the materials. Such extension, if any, in special case, will be valid only if permitted in writing by POSCO-IDPC NO DELAY IN LIFTING OF MATERIAL & PAYMENTS. The quantity of scrap may vary as per production volumes. Penalty for not lifting as per Penalty Clause. There shall be no employer/employees relationship between The Buyer and HOLDING PVT LTD, The Buyer shall have entire charge/control/supervision of the work here in and this manner will be answerable or accountable for any accident or injury of any kind or death which may occur to any of The Buyer s employee during the time and in the course of the performance of the work under this contract or for any injury, loss or damage arising from negligence or carelessness of The Buyer or their property including the employees, supervisor office or agents of the HOLDING PVT LTD and its proprietor nor for any amount, claim or liability civil or criminal pertaining to license, taxes permits for overtime work or any other permits, all of which shall be for the account of The Buyer, Who hereby covenant and agrees to

9 assume all claims arising out of and related to foregoing including but not limited to other direct or indirect Labor problem and claims and to hold the HOLDING PVT LTD officer, agents and employees free and harmless there from. The Customer shall be solely responsible to pay the wages and any other dues / claim in respect of such staff and will also abide by and deposit mandatory dues under the PF Act, ESI Act and any other act which may come into force at any later stage/related to this contract. Details of PF & ESI of employees should be paid on monthly basis along with loading charges. Sellers will not at any time be responsible for any injuries caused due to accident within its premises either to the buyer or his representative / labor etc., and the buyer will make proper arrangements for any claim arising out of the employment under any status. It is the responsibility of the buyer to provide necessary safety appliances (like hand gloves / safety shoes etc.,) to the laborers, who are engaged for loading the materials. If any accident or damage to the property / life etc. arises by reason of any act of negligence / omission / default or non-compliance with any of the Terms & Conditions or statutory regulations or rules and regulations applicable within the Seller s premises, on the part of the Buyer / his representative or employees, resulting in death or injury to any persons or damages to the property of the SELLER or any third party, then in such an event the Buyer will have to pay compensation to such person including the employees of the SELLER for such accident or injury / death or damage caused to their employees or to any of the Seller s employees or to others or to the Seller s property. The Buyer shall in such event, keep the SELLER fully indemnified from any demand, claims or proceedings thereof. Acceptance of the above terms and conditions:- We confirm that we have read and clearly understood above terms and conditions. We undertake to abide by these terms and condition:- (Signature) Name and Designation of Authorized Signatory with seal

E-Auction 24 th January, 2015

Under the Instruction of The Regional Head (Finance) Caparo Engineering India Ltd. E-Auction 24 th January, 2015 E-Auction Between 11.00 AM to 3:00 PM (NOTE: AUTO TIME EXTENSION FOR EVERY 10 MINS AND MAXIMUM