M/s MANOHAR DARYAYANI

DEED OF RECONSTITUTION

(w.e.f. 16th March2105)

THIS DEED OF RECONSTITUTION made at Mumbai on this 4th day of June

2015 BETWEEN

(1)Mr. Raghvendra Thakur 59 year , Indian citizen , residing at ,

Vivekanand society , T.H. Kataria Marg, Mahim ,Mumbai
400016; hereinafter referred to as The Continuing Partner (which
expression shall unless it be repugnant to the context or meaning
thereof be deemed to mean and include his respective executors,
administrators, successors and permitted assignees) of the First
Part.

AND
(1)M/s Ashmin Minerals Pvt. Ltd., a company incorporated under the
companies Act, 1956, having its registered office at 276, Lawerence
& Mayo Bldg, 2nd Floor DN Road, Fort , Mumbai 400001 ; both
collectively hereinafter referred to as the INCOMING
PARTNER(which expression shall unless it be repugnant to the
context or meaning thereof be deemed to mean and include his
respective executors, administrators, successors and permitted
assignees) Second partner.

AND
WHEREAS the continuing partner & and the retiring partners are
cerrying on the business of mining, excavation, processor & Exporters
of Bauxite under the firm and name of M/s MANOHAR DARYAYANI
(the said firm) as per Partnership Deed dated 11th November 2014;

AND WHEREAS the retiring partners are no longer interested in the

business of the firm and intend to retire from the firm w.e.f. 16th March
2015;

AND WHEREAS the accounts in relation to the said firm as on 1st April
2016 has been mutually made up, adjusted and approved by and
between the continuing partner and Retiring partners;

AND WHEREAS the retirement of the retiring partners and taking

over of the said firm by the continuing partner is taking place on the
basis of such accounts duly approved by all the partners;

AND WHEREAS w.e.f. 1st April 2016 said firm along with the
goodwill and all its assets including trade name, benefit and any
contract, agreement and liabilities specified hereunder shall belong to
and be carried on jointly by the Continuing Partners and that the said
firm shall be treated as the reconstituted firm. In the premises
aforesaid, the parties hereto have agreed to record the terms and
conditions hereafter appearing .
NOW THIS INDENTURE WITHNESSETH AND IT IS HEREBY
AGREED BY AND BETWEEN THE PARTIES HERETO AS FOLLOWS:

1. Preamble shall from integral part of the agreement.

2. The Retiring partners of the Third Part agree to retire from the
said firm w.e.f. 1st April 2016.

3. In pursuance of the said Agreement and in consideration of the

premise, the Retiring Partners do hereby declare that the said
partnership between them and the continuing partner shall be
considered as determined so far as the Retiring partners are
concerned as and from 1st April 2016 and that the said
partnership Deed dated 11th November, 2014 as well as all
clauses, provisions and things therein contained or previous
deeds, so far as the Retiring partners are concerned , shall cease
and be void from 1st April 2016.

4. The Retiring partners hereby confirm that he had inspected all

books of accounts & records of Partnership and that all the
accounts of the said partnership up to 31st March2016 have
been made up and adjusted to the mutual satisfaction of the
parties of the first and third part and it has been agreed between
them that the amounts standing to the credit to capital account
of Retiring partners shall become payable by the Continuing
partner in full payment of the claims of the Retiring partners
including their capital invested in the firm and share of profit or
loss up to 31st March 2016.

5. The Retiring partners hereby confirm that they have handed over
all Books of accounts & records of Partnership firm to continuing
partners and Continuing partnersdo hereby confirm that they
have inspected & received all books of accounts & records
handed over them by Retiring partner.

6.