EX-10.8.2.2



 Exhibit 10.8.2.2 

 

			
	



	  	 INDIA NON JUDICIAL

 
 Government of National Capital Territory of
Delhi
  

e-Stamp

	  
	  

  

					
	Certificate No.	  	:	  	IN-DL58373169416821K
			
	Certificate Issued Date	  	:	  	20-Dec-2012 04:34 PM
			
	Account Reference	  	:	  	IMPACC (IV)/ dl736103/ DELHI/ DL-DLH
			
	Unique Doc. Reference	  	:	  	SUBIN-DLDL73610316553756762452K
			
	Purchased by	  	:	  	TV 18 Home Shopping Network Limited
			
	Description of Document	  	:	  	Article 5 General Agreement
			
	Property Description	  	:	  	Credit Facility Agreement
			
	Consideration Price (Rs.)	  	:	  	0
			
		  		  	(Zero)
			
	First Party	  	:	  	TV 18 Home Shopping Network Limited
			
	Second Party	  	:	  	The Ratnakar Bank Ltd
			
	Stamp Duty Paid By	  	:	  	TV 18 Home Shopping Network Limited
			
	Stamp Duty Amount(Rs.)	  	:	  	160
			
		  		  	(One Hundred And Sixty only)

  
 



 
 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Please write or type below this
line - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 
  

					
	 This Non-Judicial Stamp Paper Forms an Integral Part of the Document title
Supplemental and Amendatory Agreement Executed on 12-Jan-13 Between TV 18 Home Shopping Network Limited and The Ratnakar Bank Ltd


  
 



 
 Statuatory Alert: 
  

	1.	The authenticity of the Stamp Certificate can be verified at Authorised Collection Centers (ACCs), SHCIL Offices and Sub-registrar Offices (SROs).



	2.	The Contact Details of ACCs, SHCIL Offices and SROs are available on the Web site “www.shcilestamp.com” 








 R-154 
 SUPPLEMENTAL AND AMENDATORY AGREEMENT 
 THIS SUPPLEMENTAL AND AMENDATORY AGREEMENT made at
New Delhi, on 12-Jan-13 
 BETWEEN 
 TV 18 Home Shopping Network Limited, a public limited company incorporated under the Companies Act, 1956 and having its registered office at 503, 504 & 507, 5th Floor, Mercantile House,
15 Kasturba Gandhi Marg, New Delhi - 110001 (hereinafter referred to as “Borrower”, which expression shall include its executors, administrators, successors and permitted assigns as the case may be) 

And 
 THE RATNAKAR BANK LIMITED, a
company incorporated under the Indian Companies Act, 1913 and an existing Company within the purview of the Companies Act, 1956 and registered with the Reserve Bank of India as Scheduled Commercial Bank and having its registered office at Shahupuri,
Kolhapur – 416 001 and administrative office at “MAHAVEER”. Shri Shahu Market Yard Shahupuri, Kolhapur – 416 005 (hereinafter referred to as “the Bank” which expression shall, unless it be repugnant to the context or
meaning thereof, be deemed to mean and include its successors in interest, assigns, holding or subsidiary company and/or associates). 

WHEREAS: 
  

	(1)	By an agreement dated 27.04.2012. as amended from time to time in respect of credit facilities granted by the Bank to the Borrower (hereinafter referred
to as the “Facility Agreement”), entered into between the Borrower and the Bank, the Bank has, at the request of the Borrower, agreed to provide / provided to the Borrower the Cash Credit facility of Rs.10,00,00,000/- (Rupees Ten
Crores Only) and Working Capital Demand Loan (WCDL) facility of Rs.30,00,00,000/- (Rupees Thirty Crores Only) amounting to aggregate credit facility of Rs.40,00,00,000/- (Rupees Forty Crores only) more particularly described in Part-A of the
Schedule-I hereunder, (hereinafter referred to as the “Existing Credit Facility/ies”) on the terms and conditions contained in the Facility Agreement. 


 

	(2)	The Borrower has now requested the Bank to enhance the WCDL facility out of Existing Credit Facility from Rs.30,00,00,000/- to Rs40,00,00,000/- .


  

	(3)	To give effect to the above, the Borrower has agreed to execute these presents in favour of the Bank. 


  
 1 








 NOW THIS SUPPLEMENTAL AND AMENDATORY AGREEMENT WITNESSETH AS FOLLOWS: 

 

	1	At the request of the Borrower, the Bank has agreed to enhance the WCDL facility out of Existing Credit Facility from Rs.30,00,00,000/- to
Rs.40,00,00,000/-, as more particularly described in Part-B of the Schedule-1 hereunder (hereinafter referred to as the “Additional Credit Facility/ies”). on the terms and conditions contained herein and also in the letters of
sanction, in the relative security documents, the General Conditions and the Facility Agreement, for the purpose specified in the Facility Agreement. The Existing Facility and the Additional Credit Facility shall hereinafter collectively be referred
to as the “Aggregate Credit Facilities”. The expression “Aggregate Credit Facilities” as appearing in the Facility Agreement and the other documents shall for all purposes and intents include the Additional Credit Facility.


 The respective amount of the Additional Credit Facility/ies / Revised Credit Facility(ies) agreed to be provided
/ amended by the Bank are as indicated in Part-B of Schedule 1 hereto. 
  

	2.	The provisions of this Agreement shall become effective from the date hereof. 


 

	3.	This Agreement shall be read in conjunction with the Facility Agreement and be enforced as if the provisions of this Agreement were incorporated therein by way of
addition / modification / amendment. To the extent of any inconsistency between the terms of this Agreement and the Facility Agreement, the provisions of this Agreement shall prevail. In the event of any inconsistency in the terms of the respective
letters of sanction / credit arrangement letters, the provisions of this Agreement, the Facility Agreement and the General Conditions will, unless otherwise specifically stated in the letters of sanction / credit arrangement letters, prevail for all
intents and purposes. 

  

	4.	Save for changes specified hereinabove, all the other terms and conditions of the Facility Agreement shall remain unchanged and in full force and effect.


  

	5.	The stamp duty is paid on the Facility Agreement as per the provisions of the relevant Stamp Act as applicable at the place of execution and the stamp duty as payable
on the additional credit facilities secured by these presents has been paid on this agreement. 


  
 2 








 SCHEDULE-I 
 PART-A Existing Credit Facilities: 
  

																	
	 Nature of Credit Facility
	  	Amt.
Rs.	  	Rate of Interest*	 	Penal
Interest	 	 	Periodicity
of
charging
interest	  	Margin	 	 	Repayment
	 Working Capital Demand Loan
	  	30.00 Crs	  	To be decided at
the time of
disbursement.	 	 	2	% p.a. 	 	Monthly	  	 	25	% 	 	On Demand
	 Cash Credit
	  	10.00 Crs	  	BR +2.50% p.a.
i.e. 13.50 % p.a.	 	 	2	% p.a. 	 	Monthly	  	 	25	% 	 	On Demand
		  	  

	 TOTAL
	  	 Rs.40,00,00,000/- (Rupees Forty Crores only

		  	  


  

	*	In case of working capital limits, the minimum interest shall be equal to three months’ interest at agreed rate on the sanctioned limit, as and by way of
commitment charges 

 PART-B Revised Credit Facilities: 

 

																	
	 Nature of Credit Facility
	  	Amt.
Rs.	 	Rate of Interest*	 	Penal
Interest	 	 	Periodicity
of
charging
interest	  	Margin	 	 	Repayment
	 Working Capital Demand Loan
	  	40.00 Crs
(enhanced
by Rs.10.00
Crores)	 	To be decided at
the time of
disbursement.	 	 	2	% p.a. 	 	Monthly	  	 	25	% 	 	On Demand
	 Cash Credit
	  	10.00 Crs	 	BR +2.50% p.a.
i.e. 13.50 % p.a.	 	 	2	% p.a. 	 	Monthly	  	 	25	% 	 	On Demand
		  	  

	 TOTAL
	  	 Rs.50,00,00,000/- (Rupees Fifty Crores only)

		  	  


  

	*	In case of working capital limits, the minimum interest shall be equal to three months’ interest at agreed rate on the sanctioned limit, as and by way of
commitment charges 

 IN WITNESS WHEREOF the Borrower has executed these presents on the date mentioned above. 

SIGNED AND DELIVERED BY 
  

	
	For TV 18 Home Shopping Network Limited
	
	/s/ SACHIN RASTOGI
	Director/Authorised Signatory (ies)


  
 3 









			
	 The Common Seal of

TV 18 Home Shopping Network Limited
 the
Borrower within named was affixed hereunto in the presence of:

	
	 /s/ ROSHNI TANDON

	 Ms. ROSHNI TANDON



			
	Shri./ Smt.	 	  



			
	 Directors/ Company Secretary of the Borrowers in pursuance of the Board Resolution dated 10/01/13 and
they have signed below the Seal to confirm that the Seal was affixed in their presence.


  

			
	SIGNED SEALED AND DELIVERED BY
	
	THE RATNAKAR BANK LTD through its authorized
	Representative Shri.	 	 /s/ BHARAT RUNGTA



  
 4