LEASE DEED

This Deed of Lease (“Lease Deed”) is made and executed on 10.03.2023 at Lalganj, Uttar Pradesh, which
is effective from 17.01.2023 (“Effective Date) and valid upto 16.12.2023.

BY AND BETWEEN

Lalganj, Raebareli, Uttar Pradesh- 229215 ( PAN No. ALAPS6127M) (hereinafter referred as “LESSOR”,
which expression shall, unless excluded by or repugnant to the content include their heirs, successors,
executors, administrators, legal representatives, agents and assignees) of the First Part.

AND

Egis India Consulting Engineers Pvt. Ltd ., a company incorporated under the provisions of the
Companies Act, 1956 and having its registered office at T-305, TF, Tirupati Plaza, Sector-XI, (MLU) PKT-4,
Plot No. 11, Dwarka, New Delhi -110 075 and Corporate Office at Plot No 80, Sector 32, Gurgaon-122001,
Haryana, India, (hereinafter referred to as the “LESSEE”, which expression shall unless repugnant to the
context thereof, mean and include its legal representative and permitted assigns) of the Other Part.

WHEREAS:

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 1. The Lessor is the absolute Owner and is in peaceful possession of property situated at “Lalganj,
Tehsil- Lalganj, Dist.- Raebareli, Uttar Pradesh- 229215” hereinafter referred as “Premised”
for (more fully described in “Schedule of Property-1”). Property use for the project namely
“ROADS & HIGHWAYS - [Adani - Ganga Expressway] - Lalganj - EIRH1UP037 ”

2. The Lessor is in lawful possession and has clear, absolute, unrestricted title and ownership rights
over the Demised Premises.

3. The Lessor has represented to the Lessee that the title of the Demised, is free from all charges,
lien, mortgages, encumbrances and imputation of any/whatever kind and the Lessor is lawfully
entitled to lease Demised Premises; to the Lessee.

4. The Parties have now agreed to enter a Deed of Lease for a period of Eleven (11) months
commencing from 17.01.2023 to 16.12.2023 to on the terms and conditions set forth under this
Lease Deed.

NOW THIS DEED WITNESSETH AS FOLLOWS:

1.0 Period of Lease

1.1 The duration of the lease in respect of the Demised premises shall be for period
commencing from 17.01.2023 to 16.12.2023 subject to extendable with mutual increase
in rent can be considered on mutual agreement 5% increase in the monthly rent for every
renewal.

1.2 The Lessor shall hand over peaceful vacant and furnished (with articles as mentioned and
described under Schedule 2 – “Description of the items provided by the Lessor”)
possession of the Demised Premises to the Lessee on the 17.01.2023.

1.3 That on or before 16.12.2023 the Lessee shall return the peaceful, vacant, physical and
legal possession of the Demised Premises, with no arrears due, to the Lessor unless the
Parties agree to enter into a fresh lease agreement on mutually acceptable terms.

2.0 Monthly Rent and TDS

2.1 That the monthly rent for the Demised Premises for the period from 17.01.2023 to
16.12.2023 shall be Rs.

2.2 Payment shall be made subject to deduction of tax at source at the applicable rate under
the provisions of Income Tax Act. That the Lessee shall provide the Lessor with the TDS
certificates for all payments made under this lease agreement made during the financial

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 year, at the end of each financial year or at a frequency provided in the relevant laws of
India.

3.0 Mode of Payment

3.1 The monthly rent shall be paid by the Lessee to the Lessor subject to deduction of tax at
source (TDS) as applicable and shall be paid each month in advance by the 10 thday of the
month by way of cheque/demand draft drawn in favour of:

“Bank Of Baroda”

4.0 Interest Free Security Deposit

4.1 The Lessee shall pay to the Lessor an interest free refundable security ( 01 months’
advance Rent) deposit of Rs.
against the lease agreement dated 17.01.2023 (commencement date) for the Demised
Premises.

4.2 The said security deposit shall be refunded by the Lessor at the time vacant peaceful
possession of the Demised Premises is returned to Lessor subject to payment of any
outstanding rent, dues, bona fide charges payable by the Lessee, and the cost of any
repairs for any damage incurred to the Demised Premises solely attributable to the Lessee,
normal wear and tear accepted. In case the Lessor fails to refund the full Security Deposit
to the Lessee on expiry or early termination of the Lease Deed forthwith, the Lessor shall
be liable to pay interest at the rate of 20% per annum to the Lessee on the unpaid Security
Deposit from the date of such expiry or early termination, as the case may be. It is also
agreed that the Lessee shall continue to retain the said Demised Premise till the Security
Deposit is refunded in full by the Lessor to the Lessee without the Lessee liable to pay to
the Lessor any rent or mesne profit or any other amount for the duration of such retention
by the Lessee of the said Demised Premises. This is without prejudice to other remedies
available to the Lessee to recover the Security Deposit.

5.0 Termination

5.1 The Parties shall have the right to terminate the lease by giving One Month Notice in
writing or One Month Rent (01) in lieu thereof.

5.2 That the Lessor shall be liable to refund the security deposit in whole upon the termination
of this Agreement by giving One Month (01) advance notice in writing by either party.

6.0 Water, Electricity, Telephone, Monthly Maintenance Charges and Internet

6.1 That the electricity (power and light) & water charges shall be paid by the Lessee at the
prevailing rate of electricity per unit as per the actual meter reading of Govt installed
electric meter by due date or whichever is earlier. The Lessor shall ensure that there are

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 no dues in this regard before handing over the Demised Premises to the Lessee on the
17.01.2023.

6.2 That the telephone connection, internet connection/Wi-Fi or cable TV connection shall be
installed as per the requirement by the lessee and the rental for the same shall be borne
by the lessee.

6.3 Lessor shall be liable to pay all statutory bills with regard to the said premises.

7.0 Premises in Good Condition

7.1 That the Lessee’s has satisfied itself that the Demised Premises are in good condition. The
Lessee undertakes to keep the Demised Premises along with the fittings and fixtures in
good and habitable condition and shall return the same in similar condition, normal wear
and tear accepted.

8.0 Repairs

8.1 That the day-to-day minor repairs of the Demised Premises will be the responsibility for
the Lessee at its own expense.

8.2 Any major repairs shall be done by the Lessor within 2 days of receipt of notice of the
same, except in emergency situations where the Lessee shall have such repairs done
without any notice. In case, the Lessor is unable to rectify such major repairs within the
time frame, the Lessee shall, at the cost of the Lessor, have such repairs done. Lessee shall
deduct all cost incurred by it pertaining to such repairs from the rent/charges due to the
Lessor.

9.0 Structural Additions

9.1 That the Lessee shall not carry out any structural additions and alterations to the
Demised Premises.

10.0 Compliance with Rules

10.1 That the Lessor shall comply with all the rules and regulations of the local or other
authorities applicable to the Demised Premises as well as the rules and bye laws
framed and as amended from time to time, and shall indemnify the Lessee in case of
any breach thereof.

11.0 Conduct of the Lessee

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 11.1 While the Lessee occupies the Demised Premises it shall co-operate with the
neighbourhood of said Demised Premises. The Lessee shall not cause any nuisance or
misuse its tenancy. The Lessee shall not carry on any activity in any part of the
premises which shall be or likely to be unlawful, obnoxious or is likely to cause
nuisance, annoyance or hazard to any person nor shall it store any goods of hazardous
or combustible nature or by weight so heavy as to affect the construction of the
structures of the building or to damage any part of the Demised Premises.

11.2 That the LESSEE shall not sub-let the said premises or any portion thereof to anybody
else.

12.0 Taxes & Cesses

12.1 That the Lessor shall pay all applicable taxes/cesses levied or demanded, including any
penalties from time to time on the Demised Premises by the local or Government
authorities. However, if the Demised Premises are misused by the Lessee, the resultant
misuse charges and/or penalties shall be borne by the Lessee.

12.2 The GST will be paid by the Lessee, if applicable. Whereas Lessor has to declare the GST
number to the Lessee for claiming the GST.

13.0 Lessor to indemnify Lessee

13.1 That the Lessor will keep the Lessee free and harmless of any demands, claims, actions
or proceedings by any third person or government authorities in respect of the
Demised Premises.

14.0 Representation and Warrantees of the Lessor

14.1 That the Lessor hereby assures to the covenants with the Lessee that:

a) The Lessee, paying the sum hereby reserved and observing and performing
the conditions and covenants herein contained, shall quietly and peaceably
hold, possess and enjoy the Demised Premises during the said term without
any interruption and disturbance by the Lessor or any person claiming under
or in trust for her, provided, however, and it is expressly agreed and
declared by and between the Parties hereto that, in case of non-payment of
rent or in the event of breach of any of the conditions and covenants to be
observed, the Lessor shall have the rights envisaged under the provisions of
Clause 17 and may act accordingly.

b) The Lessor shall indemnify and keep the Lessee fully indemnified and held
harmless from and against all damages, costs and expenses caused to or
incurred by the Lessee as a result of any defect in the title of the Lessor
which disturbs or interferes with the Lessee’s possession and enjoyment of
the Demised Premises. Lessor has provided payment receipt of electricity
bill dated 09th June, 2021 (Account No. 732003314759 and Service

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 Connection (SC) No. LL11011045086) as ownership proof for the demised
premises and Lessor has also acknowledge and verified that provided
ownership proof is true and correct in nature.

c) In the event the Lessor transfers, alienates or encumbers or otherwise

howsoever disposes of or deals with the Demised Premise or any part
thereof or her right, title and interest therein during the term of this deed of
lease or during the term of any mutually agreed upon extension, the Lessor
shall intimate the Lessee about the same in writing and the future owner or
successor-in-title of the Demised Premises shall be bound to honour the
terms of this Deed of Lease, and the Lessor shall get an undertaking from
the said purchaser / transferee to that effect.

d) The Lessor shall acknowledge and give valid receipts for each and every
payment made by the Lessee to the Lessor, which shall be conclusive proof
of such payments unless the cheque/draft issued for the purpose is
dishonoured by the concerned bank.

e) The Demised Premises are free from all encumbrances whatsoever and the
Lessor has not entered into any agreement or arrangement for the disposing
of or dealing with the Demised Premises or any part thereof/or the Lessor’s
right, title and interest in the Demised Premises in any manner whatsoever.

f) The Lessor confirms that in case for any reason whatsoever the premises in
reference or any part thereof cannot be used for residence purposes
because of any fire, riot, earthquake, civil commotion, or due to any natural
calamity, over which the Lessee has no control, the Lessee shall have the
right to terminate the lease forthwith and vacate the premises and the
Lessor shall refund the security deposit and other sum of amount, if any, to
the Lessee forthwith after adjusting their dues, if any.

15.0 Right of Inspection

15.1 That the Lessor or her authorized agents, servants, workmen etc., shall have the right
to visit in person and enter the Demised Premises for inspection or to carry out
repairs/construction, as and when required, by giving 24 hours’ notice to the occupant
with his/her consent. If the occupant is unable /unwilling to give his consent for that
time, he/she shall communicate in writing to the Lessor a time and date during the
week following the date of a written request by the Lessor, when the Lessor or her
authorized agent, servants, workmen etc. may enter the premises for the said
purposes.

16.0 Registration

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 16.1 That this Agreement is to be stamped and registered and the Lessor & Lessee will bear
equally all expenses incurred in stamping, execution and registration of this Deed of
Lease.

17.0 Obedience to the Terms of the Agreement

17.1 That both the Parties shall observe and adhere to the terms and conditions contained
hereinabove. Failure of either Party to enforce at any time or for any period of time
that provisions hereof shall not be construed to be a waiver of any provisions or of the
right thereof to enforce each and every provision.

18.0 Dispute Resolution

18.1 It is hereby agreed by and between the Parties hereto that if any dispute or difference
shall arise between the Parties hereto concerning construction, meaning or effect of
this deed of lease or any part thereof, or the respective rights or liabilities herein
concerned, the same shall in the
first place be referred to mediation, and in the second place be referred to sole
Arbitrator appointed with the mutual consent of both the parties in accordance with
and under the provisions of the Arbitration & Conciliation Act, 1996 or any
amendment or statutory modification thereof. The place of arbitral proceedings shall
be Raebareli, Uttar Pradesh and the language shall be English.

19.0 Jurisdiction

19.1 In case of any dispute to this agreement and the clauses herein, the same will be
settled in the jurisdiction of the civil courts at Raebareli, Uttar Pradesh.

20.0 Duplicate Agreements

20.1 That this Agreement has been executed in duplicate with the original being retained
by the Lessor and one copy retained by the Lessee.

21.0 Business Ethics and Compliance: Owner shall, at all times, be in compliance with Business
Ethics commitment as provided in Annexure-A of this Agreement.

IN WITNESS WHEREOF, the Parties hereto have signed this agreement to rent at Rs. / only on the date
first mentioned above in the presence of the following witnesses:

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LESSEE: LESSOR:

Egis India Consulting Engineers Pvt. Ltd.

(Authorised Signatory)

Schedule 1

Description of the Demised Premises

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The Demised premises taken on rent is part building premises Plot No. 294, Vill. Korihara, Lalganj,
Tehsil- Lalganj, Dist.- Raebareli, Uttar Pradesh- 229215.

Area of premises is sqft………

South:

North:

East:

West:

Schedule 2

Please give the details of Furnished/Semi Furnished/ NON- Furnished

Semi furnished

ANNEXURE-A

Ethics and Compliance Clause

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 I. The Parties must abide by and commit to abiding by the highest standards pertaining to
business ethics and integrity, and must comply with all national and international laws and regulations
applicable to the Agreement in addition to the stipulations given hereafter.

In this regard, Surendra Bahadur Singh must obtain from its subcontractors or suppliers or partners,
where these exist – and in advance of all interventions by the latter in the project addressed by the
present Agreement – a written commitment to comply with all the stipulations of the present
Agreement, including the present article.

II. In the scope of the present Agreement. Surendra Bahadur Singh must comply with the rules of
Egis’ “Partners' Code of Integrity”. Specifically, Surendra Bahadur Singh must sign the ethical covenant
found in the appendix to the present Agreement.

III. The Parties must preserve and commit to preserving:

- all documentation demonstrating the compliance of their procedures with all laws, regulations,
codes and treaties applicable to the Agreement;
- the completeness, rigour and fidelity of the accounts kept in regard to the Agreement, which
accurately reflect the nature and amounts of all transactions made;
-
for the entire duration of the Agreement and for the five (5) years following its completion, or for longer
periods where provided in the main agreement.

At the first written request of the Lessee, Surendra Bahadur Singh must submit all substantiating
documents and materials attesting to its compliance with the items addressed in the aforementioned
paragraph.

The Lessee is also entitled at any time and at its own expense to conduct or commission audits in the
event of non-compliance or suspected breach of the present article, subject to prior notification of its
intention to conduct such audits. In such cases, Surendra Bahadur Singh shall issue the personnel of the
Lessee or the persons duly designated for this purpose by the latter with rights to access its facilities
and/or sites, and to give up all information and/or documentation requested in this connection.

IV. In accordance with the fundamental principles defined by the United Nations Universal
Declaration of Human Rights, the conventions of the International Labour Organization, the United
Nations Global Compact and the OECD Guidelines for Multinational Enterprises, the Parties shall comply
with the existing laws and regulations, along with all the corresponding set of principles as defined
hereafter.

 Fight against corruption

In application of the principles enshrined in international and regional conventions on the fight
against corruption and in compliance with the anti-bribery laws:

- the Parties shall not pay and commit not to paying commission, directly or indirectly, at any
time;
- the Parties shall not grant and commit not to pledging undue advantage in the accomplishment
of their missions and/or their contracts with public bodies or private companies.

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- Surendra Bahadur Singh must immediately inform the Lessee of breaches of its obligations
under the terms of the present Agreement and/or of breaches of which it is notified under the
same terms.

 Compliance with Competition laws

Surendra Bahadur Singh shall refrain from all practices intended to bring about, or whose effects
may bring about, the inhibition, restriction or distortion of the rules of free competition. It must
scrupulously respect the laws and rules in this regard and must not engage in any form of coercion
or fraudulent practice. It must implement processes for the selection of its partners, notably its
suppliers and subcontractors. It must actively resist anti-competitive practices, training its teams
accordingly.

 Conflicts of interest

Surendra Bahadur Singh must at all times ensure that none of its employees, managers,
representatives or shareholders is affected by a situation of conflict of interest in regard to the
present Agreement, i.e. a situation in which personal interests are likely to interfere with
professional interests.

Immediately it learns of such a situation, Surendra Bahadur Singh must inform the Lessee so that
steps can be taken to remedy the situation.

 Duty of Vigilance

The Parties must implement, and commit to implementing, the governance measures promoting
respect for areas involving human rights, fundamental freedoms, and the health and safety of
persons and the environment.

Surendra Bahadur Singh shall perform its services in conditions respecting the social responsibility
criteria of the Lessee and the national, European and international conventions, laws and regulations
in the aforementioned areas.

Surendra Bahadur Singh must respect and actively cooperate with the Lessee to ensure compliance
with, notably:

- rules pertaining to the prevention in the area of personnel’s health and safety of people. In
particular, the Parties shall analyse and assess the risks in these fields and implement
appropriate measures to prevent these risks, and shall monitor events which have occurred in
these fields.

- legislation and regulations relating to the labour law applicable in the countries where all or part
of the services are performed, and particularly those relating to non-discrimination, lawful
employment, and the continual improvement of the working conditions of its personnel and
suppliers.

In particular, for the performance of their services the Parties shall have recourse, directly or
indirectly, only to workers who are lawfully employed in regard to the applicable requirements
of social law.

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- environmental regulations applicable in the countries where all or part of the services are
performed, and the implementation of actions to limit the environmental impact of its activities.

Surendra Bahadur Singh must notify the Lessee in a timely fashion, of (i) all information permitting
risks to be prevented and all instances of non-compliance with the obligations indicated above, and
(ii) all information relative to the non-compliance and the remedial measures taken.

 Sexual abuse and harassment

Surendra Bahadur Singh shall take the appropriate measures to prevent its employees and other
persons acting under its direction in the performance of its services:
- from indulging in acts, speech or conduct constituting or likely to constitute harassment of a
moral or sexual nature, and/or discriminatory measures;
- from indulging in acts of sexual abuse or exploitation in regard to others; note in this regard that
with the exception of married couples and notwithstanding legal provisions on the age of
consent, all sexual activity with persons aged under 18 is held to constitute such an act;
- from soliciting sexual favours or imposing other forms of conduct of a degrading or exploitative
nature in exchange for a sum of money, goods, services or other.

Surendra Bahadur Singh has implemented or shall be implementing procedures for whistleblowing,
internal inquiries and punishments in regard to such acts brought to its attention. It must
immediately inform the Lessee of the alerts it has received in relation to the project addressed by
the Agreement and of the measures taken in response.

 Export controls, compliance with embargoes and sanctions

For the purposes of the preceding paragraph, the Parties agree to adopt the following definitions:
- Sanctioning authority: Any State, organization, or competent state or organization authority
adopting the lists of international sanctions.
These include: The United Nations Organization, the European Union and/or all present or future
member states of the European Union, the United States of America, the United Kingdom, Hong
Kong;
- Person subject to sanctions: all natural or legal persons, groups or entities included on one of the
lists of sanctions adopted by a sanctioning authority;
- Country subject to sanctions: a country, State or region included on one of the lists of sanctions
adopted by a sanctioning authority.

Surendra Bahadur Singh declares and guarantees that neither it nor any of its directors, managers,
salaried personnel or employees or respective agents:

i. is a person subject to sanctions imposed by a sanctioning authority;

ii. or:
a. is a person owned or controlled by a person subject to sanctions;
b. and/or has received funds or other assets directly from a person subject to sanctions;
c. and/or is located or incorporated in a country subject to sanctions, or a citizen or resident
thereof;
d. and/or is engaged in activity with a person subject to sanctions or with a person located,
incorporated or resident in a country subject to sanctions.

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 Specifically, Surendra Bahadur Singh must refrain from:
- entering into business relationships with a person subject to sanctions imposed by a sanctioning
authority;
- buying or selling equipment and/or services from a country subject to sanctions, or operating in
such a country.

V. In the event of the total or partial non-compliance with one or more of the stipulations of the
present article, the Lessee reserves the right to suspend and/or terminate the Agreement under the
terms of the article of the Agreement addressing the termination or completion of the Agreement.

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