Enarai finance ltd
Nonrefund of Non convertible Debentures (Option III)

Regd. folio No. EF 3103632 Allotment letter No.203632

Name of holders BHALCHANDRA S JOSHI

VEENA B JOSHI

NO OF DEBENTURES TWO ONLY ****2****

Distinctive No.00002552 to 00002553

Amount Rs.10000/-

Given under the common seal of the company this 1ST DATE OF SEPTEMBER 1996