Joint Deed of Hypothecation

THIS DEED IS EXECUTED AT Mumbai on 15th day of October, 2026 by ABC Cements Corp (CIN: L26942MH1999PLC123456 | LEI: 335800N92H7K9A6J0214), a company incorporated under the Companies Act, 2013 and having its registered office at 123 Industrial Area, Mumbai, Maharashtra 400001 (hereinafter referred to as the "BORROWER").

IN FAVOR OF THE FOLLOWING LENDERS:

1. Overseas Bank (Central Office: 2704 Senger Estate, North Way, Sentosa - 14448, Singapore)
2. Indian Bank (Head Office: 445 Prince Pass, Richmond, Connecticut - 77029, United States)

I. THE RECITALS

1. The Borrower has applied for and obtained from the Lenders working capital facilities/term loans aggregating to INR 50 Cr.
2. The Lenders have agreed to grant these facilities subject to the Borrower creating a first charge by way of hypothecation on all movable assets of the Borrower.

II. THE HYPOTHECATION

The Borrower hereby hypothecates to and in favor of the Lenders as and by way of first charge as security for the due repayment of all principal moneys, interest, and costs, all tangible movable property and assets including movable machinery, plant, spares, and stores located at 22235 Luigi Inlet, New Greenfield, South Manchester in the State of Maharashtra.