1. The proposal pertaining to reschedulement of outstanding amounts of Foreign Currency Convertible Bonds (FCCBs) subject to consents and approvals of RBI, any Ministry, Governmental or regulatory authority in India and bondholders & shareholders of the Company. The proposal is however yet to be approved by all the Bondholders and may undergo further changes.

2. The proposal for realignment of remaining debt of the Company subsequent to the transfer of a large part of the debt to UltraTech Cement (UTCL) upon consummation of the Scheme of Arrangement for transfer of identified Cement Plants of the Company to UTCL. This is however subject to approval of the lenders which is awaited. The final proposal may undergo certain changes depending upon the approval of all the lenders.