LEASE DEED

THIS INDENTURE OF LEASE is made at Malappuram, Kerala on this 25th day of April 2016
between

Mr. Kunhalan Haji __Koothradan House, Kaatungal, PO Munduparamba, Malappuram

Muncipality Dist. : Malappuram, Kerala (herein called THE LESSOR) of the first part which
term shall always mean and include, unless repugnant to the context, his legal heirs,
successors, administrators, assigns, representatives and nominees etc.

AND

STERLITE POWER TRANSMISSION LIMITED, a company registered under the Companies

Act,1956 and registered by the Registrar of Companies having its registered office
atSURVEY NO 208/43, PIPARIA,SILVASSA
SILVASSA, DADRA AND NAGAR HAVELI, 396230and acting through its authorized
representative namely Mr. Peter RajsinghPaulduraiNadar , (hereinafter called the lessee) of
the second part and which expression shall mean and include unless repugnant to the
context, its subsidiaries, affiliates, holding companies successors, nominees, representatives
and administrators.

Whereas the lessee is in need of a store area in order to conduct its storage affairs.

AND

Whereas the lessors by virtue of agreement to sell dt had become and is

the rightful and legal owner and in absolute possession of the Storeunit nos. Gujrathaving a
Capet area of 14,400 sq. m. situated at Gujrat- along with all rights, titles entitlements,
easements, privileges, etc. Hereinafter called the premises.(described in Annexure A
Premises)

And whereas, the lessee is desirous of taking on lease and the lessors have agreed to grant
in consideration of the covenants hereinafter contained on the part of the lessee to be
paid, observed and performed, the lease of the said premises together with the rights,
easements and appurtenances belonging thereto, including the rights as specified
hereunder, commencing from the date and for the period specified hereunder;

Now thereafter in consideration of the payments and other covenants and representations, it
is hereby agreed by and between the parties as follows;

1. That the lessors in consideration of the rent hereinafter mentioned and in consideration
of lessees covenants and representations, does hereby grant to the lessee a lease
in respect of the said premises, for their work and operations on the terms and
conditions contained in this lease deed.2

2. The term of this lease shall be for 11 months commencing from 01 01 - 2017
However the lessee cannot terminated for the first 2 months.

2.1 That the lessee shall pay to the lessors a monthly rent of Rs. 0,000 /-.

The said rent shall be paid by the lessee to the lessor monthly in advance on or
before the10th of each month as under.

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2.2 The rent is exclusive of all other charges such as service Tax, However, all other
charges like maintenance charges, and municipal taxes, levies, duties, cess or other
charges etc shall be payable by the lessor , irrespective of whether such taxes,
levies, duties, cess or other charges are in force today or are levied hereinafter by any
Govt, local body or authority or civic agency in respect of the said premises.

2.3 In the event any local body/statuary authority takes/hands over the maintenance of
such services or facilities to any other company, body/authority and where the payment
of the charges have to be made by the lessors, then such charges as may be levied in
respect of the demised premises shall be borne and paid by the lessors.

2.4 Subject to complying with all the terms and conditions to be observed, performed and
fulfilled on the part of the lessee, it shall be entitled to peacefully carry on its business
in the demise premises without any interference from the lessors or any person
claiming through, under or in trust for him.

3 The lessor hereby represent, warrant and covenant with the lessee as follows:

3.1 The lessors represent that they are the rightful and beneficial owners and in possession
of the said premises and have clean and unrestricted right thereto and are legally
competent to enter into this lease agreement, to lease the said premises and to receive
rent from the lessee.

3.2 That the actual physical possession of the said premises shall be handed over to the
lessee on 01 12 - 2017. The lessor shall permit to the lessee to carry out at the cost
of the lessee, but without any way damaging the main structure of the said premises,
erection of internal partitions as may be necessary for the business of the lessee.
Provided further that lessee shall upon vacating the said premises remove all such
fittings and restore the said premises to the lessors in its original conditions except
reasonable wear and tear.(The permitted alterations, changes are as per annexure B
Alterations Permitted )

3.3 The lessor shall pay the property taxes levied on the said premises as per applicable
laws and requirements of the government and shall always keep the lessee harmless
for expenses incurred in this regard provided the lessee is not in breach, and
alternations and renovations under taken by the lessee in the said premises are in
accordance with all applicable laws and requirements. In the event of lessee being in
such breach or violations of any applicable laws and requirements from time to time,
the lessee shall keep the lessors harmless and indemnified in this regard.

3.4 That if the lessors at any time during the period of the lease or extension if mutually
agreed upon thereof, sells, transfers, assigns or otherwise disposes off its rights in the
said premises as a whole or in part then in that event the lessee shall have no
objections whatsoever and shall attorn to such transfers and transfer on the same
terms and conditions as are contained herein without any objections or conditions.
However a letter shall be issued by the prospective new lessor in favor of lessee
confirming that the terms herein agreed shall be binding on the new land lord and that
the new land lord assumes all rights and responsibilities of lessors as if this lease had
originally been executed with such new land lord as the lessors and he will also
acknowledge the security deposit by the lessee to the lessors, whose benefits shall be
transferred to the new land lord and all adjustment shall be in accordance with this
lease. However the lessor shall intimate the lessee in writing in advance of any such
decisions taken.

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 3.5 That if the lessor, at any time during the period of the lease or extension, creates an
third party interest in the said premises by way of pledge, mortgage etc,. the lessor
shall inform such third party of the existence of this indenture of lease and obtain form
such third party a letter addressed to the lessee confirming that such third party shall
not in any way interfere in the rights of the lessee granted under this indenture of
lease.

4. The lessee hereby represent, warrant and covenant with the lessors as follows:

4.1 To promptly pay the rent herein agreed and reserved on or before the 10 th of each
month and to promptly pay all payments due and payable under this lease deed.

4.2 To regularly pay all the bills for consumption of electricity charges as demanded by the
relevant competent authorities concerned for the period of occupation of said premises
and provide a Original copy of such paid bills to the lessor.

4.3 To permit the lessors, its officers, employees and agents to inspect the demise premise
at all reasonable hours after providing prior intimation to the lessee, provided that in
event of an emergency where the safety of the building and/or the occupants therein
are at stake, lessors, its servants or agents shall have the right to enter the demise
premises without prior notice to the lessee in the presence of its authorized
officers/officers of the maintenance agency.

4.4 To handover to the lessors vacant, peaceful, physical possession of the said premises
in as good condition as existing on the commencement date subject to reasonable
wear and tear, upon the expiry of this lease deed or its prior termination in accordance
with the provisions of this lease deed.

4.5 To use the said premises for its work and operations as a commercial office only and
not to carry on or permit to carry on in the demise premise or in any other part thereof
any activity which shall be unlawful, immoral, obnoxious or of nuisance, annoyance or
disturbance to the lessors or other occupants of the building or store any material or
goods of hazardous or combustible nature in the said premises or any common area
which will or is likely to cause damage to the said premises or which may in any
manner interfere with the use of any common areas or facility.

4.6 To keep the lessors harmless and indemnified against any penal action, loss or
damage due to misuse of the demise premises or the business activity carried out by
the lessee, for which the lessee is solely liable.

4.7 Not to put up any sign board, publicity or advertisement material or loud speakers or
screens or other equipments on the external faade of the building or any window or
any where in the common areas. The lessee can however, display its name plates or
sign board at the appropriate designated place as provided in the building by the
maintenance agency.

4.8 The lessee shall not sublet, assign, transfer or part with the possession of the demise
premises to anyone else except its holding/subsidiary company or group company.

4.9 Not to make any structural alternations and additions in the demised premises without
the prior written permission of the lessor.

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 4.10 Not to do any act or deal or thing which may have an adverse impact on or render
void or voidable any insurance policy taken by the lessors or maintenance agency in
respect of building or the demise premises.

4.11 To pay for all costs of consumption of electricity charges, telecommunication charges
and other utilities consumed by it in the said premises based on demand/bills raised by
the concerned authorities.

4.12 Not to misuse the common areas of the building as also not to obstruct any common
area, any corridor, passages, stairways, basements etc. and not to place any
personnel (including security guard) or store any goods or install any equipments or
erect any works in common areas, technical rooms or on the terrace.

4.13 Not to install in or at the demised premises any pay telephones or telephones
operated by coins, credit cards or any other form of payment.

4.14 To take out insurance for any contents, goods etc. owned and kept by the lessee in
the demise premises.

5. The following mutual covenants are agreed by and between the parties:

5.1 Any breach by the lessee to pay the rents and all other charges as mutually agreed
in this lease deed and such failure continues for 15 days after due date, then lessor
shall be permitted to terminate the agreement by giving 7 days notice to pay the
rent alongwith interest for the delayed period . In case of failure on the part of lessee
to pay the rent, it shall result in automatic cancellation/termination of this lease deed.
The lessee shall be liable to handover the peaceful, vacant, physical possession of
the premises to the lessors with full costs, charges and damages.

5.2 The lessee shall not sublet, transfer, assign or in any way part with the possession of
the demise premises-as stipulated vide clause 4.8 hereinabove, in such case the
lease deed shall result in automatic cancellation/termination of this lease deed and
the lessee shall be liable to handover the peaceful, vacant, physical possession of
the premises to the lessors with full costs, charges and damages.

5.3 The lessee shall handover vacant, peaceful, physical possession of the demise premises to
the lessors upon the expiry of this lease deed or extended lease or its prior termination as
laid out in the lease deed vide clauses 2, 2.1, 2.2, 2.3 and 2.4.

5.4 All costs including stamp duty payable in respect of execution and registration of this lease
deed shall be born by Lessee. Original copy of the registered lease deed shall be kept in
physical possession by the lessors. With the certified true copy given to the lessee.

5.5 Failure of either party to enforce at any time or for any period of time the provisions hereof
shall not be construed to be waiver of any provisions nor the lessee shall be held
responsible for any consequences or liabilities under this agreement, if it is prevented
sufficiently from performing its obligations under the terms of this lease agreement by reason
of restrictive governmental laws or regulations or rights, insurrection, war, terrorism, Acts of
God etc.

5.6 That any notice, letter or communication to be made, served or communicated under these
presents shall be deemed to be duly made, served or communicated only if the notice or
letter of communication is addressed to the lessor or the lessee in writing at the address
herein under mentioned and sent by Registered post/Fax/courier service/email etc. or at the
changed address as may be intimated in writing by the lessors or lessee to each others.

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5.7 No modifications, change, variation of the terms and conditions of this lease agreements
shall be valid unless agreed to and executed by both the parties in writing.

5.8 That the rights and obligations of the parties arising out of this agreement shall be construed
and enforced in accordance with the laws of India. That this lease agreement is governed
by the provisions of prevalent laws in Jammu and Kashmir as applicable.

5.9 That this lease agreement shall be governed by the jurisdiction of civil court of Jammu to the
exclusion of all other courts in all matters arising out of and touching and/or concerning this
lease deed.

5.10 The official language for correspondence between the parties and for any proceedings
thereto shall be in English and notices required to be served by either of the parties upon
other shall be in English language.

5.11 Any dispute arising from the Agreement shall be referred to a panel of three arbitrators, one
to be appointed by the LESSEE, the other by the LESSOR, and the third by the two
appointed arbitrators, and the arbitration process would be governed by the Arbitration &
Conciliation Act, 1996 as revised and modified from time to time. The award of the
Arbitrator shall be final and binding on the parties to the reference. The
arbitration proceedings shall be held only in Jammu.

IN WITNESS WHEREOF the parties have signed here to in Bagodaraon the --------------
above written.

WITNESSES:
LESSOR

1.

LESSEE

2.

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