Document:

Form of Warrant Agreement between Continental Stock Transfer and Registrant

 EXHIBIT 4.4 
 WARRANT AGREEMENT 
 This Warrant Agreement (this “Agreement”) is made as of
            , 2007 between Trans-India Acquisition Corporation, a Delaware corporation (the “Company”), and Continental Stock Transfer & Trust Company, a New York
corporation (the “Warrant Agent”). 
 WHEREAS, the Company is engaged in a public offering (the “Public Offering”) of
Units, each such Unit consisting of one share of common stock, par value $0.0001 per share, of the Company (“Common Stock”) and one Warrant (the “Units”), and, in connection therewith, has determined to issue and deliver up to
(i) 11,500,000 Warrants (the “Public Warrants”) to the public investors, each such Public Warrant evidencing the right of the holder thereof to purchase one share of Common Stock for $5.00, subject to adjustment as described herein;

 WHEREAS, in connection with the Public Offering, the Company has granted to I-Bankers Securities, Inc. (“I-Bankers”) and CRT
Capital Group LLC (the “Representatives” and each a “Representative”) an option to purchase 500,000 Units in the aggregate (the “Representatives’ Units”) and, in connection therewith, has determined to issue and
deliver up to 500,000 Warrants to the Representatives or their designees (the “Representatives’ Warrants,” and together with the Public Warrants, the “Registered Warrants”) each such Representatives’ Warrant evidencing
the right of the holder thereof to purchase one share of Common Stock for $6.25, subject to adjustment as described herein; 
 WHEREAS,
immediately prior to the completion of the Public Offering, the Company shall sell and issue (i) 200,000 Units in private placements (the “Private Units”) and, in connection therewith, has determined to issue and deliver up to 200,000
Warrants to the purchasers thereof (the “Private Warrants”) each such Private Warrant evidencing the right of the holder thereof to purchase one share of Common Stock for $5.00, subject to adjustment as described herein, (the Public
Warrants, Representatives’ Warrants and the Private Warrants are together referred herein as the “Warrants”); 
 WHEREAS, the
Company has filed with the Securities and Exchange Commission a Registration Statement, No. 333-136300, on Form S-1 (the “Registration Statement”) for the registration under the Securities Act of 1933, as amended (the “Act”), of,
among other securities, the Public Warrants, the Representatives’ Warrants and the Common Stock issuable upon exercise of such Warrants; 
 WHEREAS, the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption, exercise and cancellation of the
Warrants; 
 WHEREAS, the Company desires to provide for the form and provisions of the Warrants, the terms upon which they shall be issued
and exercised, and the respective rights, limitation of rights, and immunities of the Company, the Warrant Agent, and the holders of the Warrants; and 

 WHEREAS, all acts and things have been done and performed which are necessary to make the Warrants, when
executed on behalf of the Company and countersigned by or on behalf of the Warrant Agent, as provided herein, the valid, binding and legal obligations of the Company, and to authorize the execution and delivery of this Agreement. 
 NOW THEREFORE, in consideration of the mutual agreements herein contained, the parties hereto agree as follows: 
 1. Appointment of Warrant Agent. The Company hereby appoints the Warrant Agent to act as agent for the Company with respect to the Warrants, and the Warrant Agent
hereby accepts such appointment and agrees to perform the same in accordance with the terms and conditions set forth in this Agreement. 
 2.
Warrants. 
 2.1 Form of Warrants. Each Warrant shall be issued in registered form only, shall be in substantially the form of
Exhibit A hereto, the provisions of which are incorporated herein and shall be signed by, or bear the facsimile signature of, the Chairman of the Board, Chief Executive Officer, President, Chief Financial Officer, Vice President or Secretary of the
Company and shall bear a facsimile of the Company’s seal. In the event the person whose facsimile signature has been placed upon any Warrant shall have ceased to serve in the capacity in which such person signed the Warrant before such Warrant
is issued, it may be issued with the same effect as if he or she had not ceased to be such at the date of issuance. All of the Private Warrants and Representatives’ Warrants shall be issued in certificate form. All of the Public Warrants shall
initially be represented by one or more book-entry certificates (each a “Book Entry Warrant Certificate”). 
 2.2 Effect of
Countersignature. Unless and until countersigned by the Warrant Agent pursuant to this Agreement, a Warrant shall be invalid and of no effect and may not be exercised by the holder thereof. 
 2.3 Detachability of Warrants. The securities comprising the Units will not be separately transferable until 90 days after the date hereof unless
I-Bankers informs the Company of its decision to allow earlier trading (the “Detachment Date”), but in no event will separate trading of the securities comprising the Units be allowed by I-Bankers until the Company files a Current Report
on Form 8-K which includes an audited balance sheet reflecting the receipt by the Company of the net proceeds of the Public Offering including the proceeds received by the Company from the exercise of the Underwriter’s over-allotment option, if
the over-allotment option is exercised prior to the filing of the Form 8-K. 
 2.4 Legend of Warrants. Each Private Warrant and
Representatives’ Warrant, and each certificate representing Common Stock upon exercise of such Warrants or any other securities issued in respect of such stock upon any stock split, stock dividend, recapitalization, merger or similar event,
shall be stamped or otherwise imprinted with a legend in substantially the following form (in addition to any legends required by agreement or by applicable state securities laws): 
 THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS. SUCH
SECURITIES MAY NOT BE OFFERED FOR SALE, SOLD, PLEDGED OR HYPOTHECATED, OR OTHERWISE TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR AN OPINION OF COUNSEL IN A FORM REASONABLY ACCEPTABLE TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED DUE TO
AN EXEMPTION THEREFROM UNDER SAID ACT AND ANY APPLICABLE STATE SECURITIES LAWS. 
 2.5 Registration. 
 2.5.1 Warrant Register. The Warrant Agent shall maintain books (“Warrant Register”) for registration of original issuance and the
registration of transfer of the Warrants. Upon the initial issuance of the Warrants, the Warrant Agent shall issue and register the Warrants in the names of the respective holders thereof in such denominations and otherwise in accordance with
instructions delivered to the Warrant Agent by the Company. 
 All of the Public Warrants shall initially be represented by one or more
Book-Entry Warrant Certificates deposited with the Depository Trust Company (the “Depository”) and registered in the name of Cede & 

  

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Co., a nominee of the Depository. Ownership of beneficial interests in the Public Warrants shall be shown on, and the transfer of such ownership shall be
effected through, records maintained by (i) the Depository or its nominee for each Book-Entry Warrant Certificate, or (ii) institutions that have accounts with the Depository (such institution, with respect to a Warrant in its account, a
“Participant”). The term “beneficial owner” shall mean, on or after the Detachment Date, any person in whose name ownership of a beneficial interest in the Public Warrants evidenced by a Book-Entry Warrant Certificate is recorded
in the records maintained by the Depository or its nominee, and prior to the Detachment Date, the person in whose name the Unit to which such Book-Entry Warrant Certificate was initially attached as registered upon the register relating to such
Units. 
 If the Depository subsequently ceases to make its book-entry settlement system available for the Public Warrants, the Company may
instruct the Warrant Agent regarding making other arrangements for book-entry settlement. In the event that the Public Warrants are not eligible for, or it is no longer necessary to have the Public Warrants available in, book-entry form, the Warrant
Agent shall provide written instructions to the Depository to deliver to the Warrant Agent for cancellation each Book-Entry Warrant Certificate, and the Company shall instruct the Warrant Agent to deliver to the Depository definitive Warrant
certificates in physical form evidencing such Warrants. Such definitive Warrant certificates shall be in the form annexed hereto as Exhibit A with appropriate insertions, modifications and omissions, as provided above (each a “Warrant
Certificate”). 
 2.5.2 Registered Holder. Prior to due presentment for registration of transfer of any Warrant, the Company and
the Warrant Agent may deem and treat the person in whose name such Warrant shall be registered upon the Warrant Register (a “Registered Holder”) as the absolute owner of such Warrant and of each Warrant represented thereby (notwithstanding
any notation of ownership or other writing on the Warrant Certificate made by anyone other than the Company or the Warrant Agent) for the purpose of any exercise thereof, and for all other purposes, and neither the Company nor the Warrant Agent
shall be affected by any notice to the contrary. 
 2.6 Private Warrants and Representative’s Warrants. The Private Warrants and
Representatives’ Warrants shall have the same terms and be in the same form as the Public Warrants except with respect to legends as set forth above in Section 2.4 and, in the case of the Representatives’ Warrants, the Warrant Price as set
forth below in Section 3.1. 
 3. Terms and Exercise of Warrants. 
 3.1 Warrant Price. Each Public Warrant and Private Warrant shall, when countersigned by the Warrant Agent, entitle the Registered Holder thereof, subject to the provisions of such Public Warrant or Private
Warrant, as the case may be, and this Agreement, to purchase from the Company the number of shares of Common Stock stated therein, at the price of $5.00 per whole share, subject to the adjustments provided in Section 4 hereof and in the last
sentence of this Section 3.1. Each Representatives’ Warrant shall, when countersigned by the Warrant Agent, entitle the Registered Holder thereof, subject to the provisions of such Representatives’ Warrant and this Agreement, to
purchase from the Company the number of shares of Common Stock stated therein, at the price of $6.25 per whole share, subject to the adjustments provided in Section 4 hereof and in the last sentence of this Section 

  

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3.1. The term “Warrant Price” as used in this Agreement refers to the price per share at which Common Stock may be purchased at the time a Warrant
is exercised. The Company in its sole discretion may lower the Warrant Price at any time prior to the Expiration Date. 
 3.2 Duration of
Warrants. A Warrant may be exercised only during the period (“Exercise Period”) commencing on the later of the consummation by the Company of a merger, capital stock exchange, stock purchase, asset acquisition or other similar business
combination or a combination of any of the foregoing, of one or more operating businesses having collectively, a fair market value (as calculated in accordance with the requirements as set forth in the Company’s Amended and Restated Certificate
of Incorporation) of at least 80% of the Company’s net assets at the time of such acquisition (a “Business Combination”), or
                     2008, and terminating at 5:00 p.m., New York City time on the earlier to occur of
(i)                     , 2012, or (ii) the date fixed for redemption of the Warrants as provided in Section 6 of this
Agreement (“Expiration Date”). Except with respect to the right to receive the Redemption Price (as set forth in Section 6 hereunder), each Warrant not exercised on or before the Expiration Date shall become void, and all rights
thereunder and all rights in respect thereof under this Agreement shall cease at the close of business on the Expiration Date. The Company in its sole discretion may extend the duration of the Warrants by delaying the Expiration Date. 
 3.3 Exercise of Warrants. A Registered Holder may exercise a Warrant by delivering, not later than 5:00 P.M., New York time, on any Business Day
during the Exercise Period (the “Exercise Date”) to the Warrant Agent at its corporate trust department (i) the Warrant Certificate evidencing the Warrants to be exercised, or, in the case of a Book-Entry Warrant Certificate, the
Warrants to be exercised (the “Book-Entry Warrants”) free on the records of the Depository to an account of the Warrant Agent at the Depository designated for such purpose in writing by the Warrant Agent to the Depository from time to
time, (ii) an election to purchase the Shares underlying the Warrants to be exercised (“Election to Purchase”), properly completed and executed by the Registered Holder on the reverse of the Warrant Certificate or, in the case of a
Book-Entry Warrant Certificate, properly delivered by the Participant in accordance with the Depository’s procedures, and (iii) (a) the Warrant Price for each Warrant to be exercised in lawful money of the United States of America by
certified or official bank check or by bank wire transfer in immediately available funds or (b) in lieu of payment of the Warrant Price, surrender its Warrant for that number of shares of Common Stock equal to the quotient obtained by dividing
(x) the product of the number of shares of Common Stock underlying the surrendered Warrant, multiplied by the difference between the Fair Market Value (defined below) and the Warrant Price by (y) the Fair Market Value. The “Fair
Market Value” shall mean the average reported last sale price of the Common Stock for the 10 trading days ending on the third trading day prior to the date on which the notice of redemption is sent to holders of Warrants pursuant to
Section 6 hereof. 
 If any of (A) the Warrant Certificate or the Book-Entry Warrants, (B) the Election to Purchase, or
(C) the Warrant Price therefor, is received by the Warrant Agent after 5:00 P.M., New York time, on the specified Exercise Date, the Warrants will be deemed to be received and exercised on the Business Day next succeeding the Exercise Date. If
the date specified as the Exercise Date is not a Business Day, the Warrants will be deemed to be received and exercised on the next succeeding day that is a Business Day. If the Warrants are received or deemed to be received after the Expiration
Date, the exercise thereof will be null and void and any funds 

  

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delivered to the Warrant Agent will be returned to the Registered Holder or Participant, as the case may be, as soon as practicable. In no event will
interest accrue on funds deposited with the Warrant Agent in respect of an exercise or attempted exercise of Warrants. The validity of any exercise of Warrants will be determined by the Company in its sole discretion and such determination will be
final and binding upon the Registered Holder and the Warrant Agent. Neither the Company nor the Warrant Agent shall have any obligation to inform a Registered Holder of the invalidity of any exercise of Warrants. 
 The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in the account of the Company maintained with the Warrant Agent
for such purpose and shall advise the Company at the end of each day on which funds for the exercise of the Warrants are received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephonic advice to the
Company in writing. 
 (i) The Warrant Agent shall, by 11:00 A.M. Eastern Time on the Business Day following the Exercise Date of any
Warrant, advise the Company and the transfer agent and registrar in respect of (a) the shares of Common Stock (the “Shares”) issuable upon such exercise as to the number of Warrants exercised in accordance with the terms and
conditions of this Agreement, (b) the instructions of each Registered Holder or Participant, as the case may be, with respect to delivery of the Shares issuable upon such exercise, and the delivery of Warrant Certificates, as appropriate,
evidencing the balance, if any, of the Warrants remaining after such exercise, (c) in case of a Book-Entry Warrant Certificate, the notation that shall be made to the records maintained by the Depository, its nominee for each Book-Entry Warrant
Certificate, or a Participant, as appropriate, evidencing the balance, if any, of the Warrants remaining after such exercise and (d) such other information as the Company or such transfer agent and registrar shall reasonably require.

 (ii) The Company shall, by 5:00 P.M., New York time, on the third Business Day next succeeding the Exercise Date of any Warrant and the
clearance of the funds in payment of the Warrant Price, execute, issue and deliver to the Warrant Agent, the Shares to which such Registered Holder or Participant, as the case may be, is entitled, in fully registered form, registered in such name or
names as may be directed by such Registered Holder or the Participant, as the case may be. Upon receipt of such Shares, the Warrant Agent shall, by 5:00 P.M., New York time, on the fifth Business Day next succeeding such Exercise Date, transmit such
Shares to or upon the order of the Registered Holder or Participant, as the case may be. 
 In lieu of delivering physical certificates
representing the Shares issuable upon exercise of Registered Warrants, provided the Company’s transfer agent is participating in the Depository Fast Automated Securities Transfer program, the Company shall use its reasonable best efforts to
cause its transfer agent to electronically transmit the Shares issuable upon exercise to the Registered Holder or Participant by crediting the account of Registered Holder’s prime broker with Depository or of the Participant through its Deposit
Withdrawal Agent Commission system. The time periods for delivery described in the immediately preceding paragraph shall apply to the electronic transmittals described herein. Notwithstanding the foregoing, the Company shall not be obligated to
deliver any securities pursuant to the exercise of a Warrant unless a registration statement under the Act with respect to the Common Stock is effective. Warrants may not be exercised by, or securities issued to, any Registered Holder in any state
in which such exercise 

  

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would be unlawful. 
 In no event shall a
Registered Holder be entitled to receive a net-cash settlement, stock or other consideration in lieu of physical settlement in shares of Common Stock, regardless of whether the Common Stock underlying the Warrants is registered pursuant to an
effective registration statement. 
 (iii) The accrual of dividends, if any, on the Shares issued upon the valid exercise of any Warrant will
be governed by the terms generally applicable to the Shares. From and after the issuance of such Shares, the former Registered Holder of the Warrants exercised will be entitled to the benefits generally available to other holders of Shares and such
former Registered Holder’s right to receive payments of dividends and any other amounts payable in respect of the Shares shall be governed by, and shall be subject to, the terms and provisions generally applicable to such Shares. 
 (iv) Warrants may be exercised only in whole numbers of Shares. No fractional shares of Common Stock are to be issued upon the exercise of the Warrant,
but rather the number of shares of Common Stock to be issued shall be rounded up to the nearest whole number. If fewer than all of the Warrants evidenced by a Warrant Certificate are exercised, a new Warrant Certificate for the number of unexercised
Warrants remaining shall be executed by the Company and countersigned by the Warrant Agent as provided in Section 2 hereof, and delivered to the holder of this Warrant Certificate at the address specified on the books of the Warrant Agent or as
otherwise specified by such Registered Holder. If fewer than all the Warrants evidenced by a Book-Entry Warrant Certificate are exercised, a notation shall be made to the records maintained by the Depository, its nominee for each Book-Entry Warrant
Certificate, or a Participant, as appropriate, evidencing the balance of the Warrants remaining after such exercise. 
 (v) The Company shall
not be required to pay any stamp or other tax or governmental charge required to be paid in connection with any transfer involved in the issue of the Shares upon the exercise of Warrants; and in the event that any such transfer is involved, the
Company shall not be required to issue or deliver any Shares until such tax or other charge shall have been paid or it has been established to the Company’s satisfaction that no such tax or other charge is due. 
 3.4 Warrant Solicitation and Warrant Solicitation Fee. 
 (a) The Company has engaged the Representatives, on a non-exclusive basis, as its agents for the solicitation of the exercise of the Warrants. The Company, at its cost, will (i) assist the Representatives with
respect to such solicitation, if requested by the Representatives, and (ii) provide the Representatives, and direct the Company’s transfer agent and the Warrant Agent to deliver to the Representatives, lists of the Registered Holders and,
to the extent known, beneficial owners of the Company’s Warrants. The Company hereby instructs the Warrant Agent to fully cooperate with the Representatives in every respect in connection with the Representatives’ solicitation activities,
including, but not limited to, providing to the Representatives, at the Company’s cost, a list of the Registered Holders and beneficial holders of the Warrants and circulating a prospectus or offering circular disclosing the compensation
arrangements referenced in Section 3.4(b) below to holders of the Warrants at the time of exercise of the Warrants. In addition to the conditions set forth in Section 3.4(b), each Representative shall accept payment of the warrant
solicitation fee provided in Section 3.4(b) only if it has provided bona 

  

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fide services to the Company in connection with the exercise of the Warrants and only to the extent that an investor who exercises his Warrants specifically
designates, in writing, that a Representative solicited his, her or its exercise. In addition to soliciting, either orally or in writing, the exercise of Warrants by a Registered Holder, such services may also include disseminating information,
either orally or in writing, to Registered Holders about the Company or the market for the Company’s securities, or assisting in the processing of the exercise of Warrants. 
 (b) In each instance in which a Warrant is exercised, the Warrant Agent shall promptly give written notice of such exercise to the Company and the
Representatives (“Warrant Agent’s Exercise Notice”). If, upon the exercise of any Warrant following the later of one year from the effective date of the Registration Statement and the consummation of a Business Combination,
(i) the market price of the Company’s Common Stock is greater than the Warrant Price, (ii) disclosure of compensation arrangements between the Company and the Representatives with respect to the solicitation of the exercise of the
Warrants was made both at the time of the Public Offering and at the time of exercise (by delivery of the Prospectus or as otherwise required by applicable law, rule or regulation), (iii) the holder of the Warrant confirms in writing that the
exercise of the Warrant was solicited by a Representative, (iv) the Warrant was not held in a discretionary account, and (v) the solicitation of the exercise of the Warrant was not in violation of Regulation M (as such rule or any
successor rule may be in effect as of such time of exercise) promulgated under the Securities Exchange Act of 1934, as amended, then the Warrant Agent, simultaneously with the distribution of the Common Stock underlying the Warrants so exercised in
accordance with the instructions from the Company following receipt of the proceeds to the Company received upon exercise of such Warrant(s), shall, on behalf of the Company, pay, in the case of a cash exercise of the Warrant, a fee of 5% of the
Warrant Price to such Representative, and a fee of 5% of the value of the Common Stock (based on the Fair Market Value of the Common Stock) received by the holder upon a cashless exercise pursuant to Section 3.3(iii)(b); provided that the
Representative delivers to the Warrant Agent within ten (10) business days from the date on which the Representatives have received the Warrant Agent’s Exercise Notice, a certificate that the conditions set forth in the preceding clauses
(iii), (iv) and (v) have been satisfied. Notwithstanding the foregoing, no fee will be paid to the Representatives with respect to the exercise by the Underwriters or their affiliates or the Company’s officers or directors of Warrants
purchased by it or them and still held by them for its or their own account. The Representatives and the Company may at any time during business hours, examine the records of the Warrant Agent, including its ledger of original Warrant Certificates
returned to the Warrant Agent upon exercise of Warrants. 
 (c) The provisions of this Section 3.4 may not be modified, amended or
deleted without the prior written consent of I-Bankers. 
 3.5 Valid Issuance. All shares of Common Stock issued upon the proper
exercise of a Warrant in conformity with this Agreement shall be validly issued, fully paid and nonassessable. 
 3.6 Date of
Issuance. Each person in whose name any such certificate for shares of Common Stock is issued shall for all purposes be deemed to have become the holder of record of such shares on the date on which the Warrant was surrendered and payment of the
Warrant Price was made, irrespective of the date of delivery of such certificate, except that, if the date of such 

  

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surrender and payment is a date when the stock transfer books of the Company are closed, such person shall be deemed to have become the holder of such shares
at the close of business on the next succeeding date on which the stock transfer books are open. 
 4. Adjustments. 
 4.1 Stock Dividends – Split-Ups. If after the date hereof, and subject to the provisions of Section 4.6 below, the number of outstanding
shares of Common Stock is increased by a stock dividend payable in shares of Common Stock, or by a split-up of shares of Common Stock, or other similar event, then, on the effective date of such stock dividend, split-up or similar event, the number
of shares of Common Stock issuable on exercise of each Warrant shall be increased in proportion to such increase in outstanding shares of Common Stock. 
 4.2 Aggregation of Shares. If after the date hereof, and subject to the provisions of Section 4.6, the number of outstanding shares of Common Stock is decreased by a consolidation, combination, reverse
stock split or reclassification of shares of Common Stock or other similar event, then, on the effective date of such consolidation, combination, reverse stock split, reclassification or similar event, the number of shares of Common Stock issuable
on exercise of each Warrant shall be decreased in proportion to such decrease in outstanding shares of Common Stock. 
 4.3 Adjustments in
Warrant Price. Whenever the number of shares of Common Stock purchasable upon the exercise of the Warrants is adjusted, as provided in Sections 4.1 and 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such
Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of shares of Common Stock purchasable upon the exercise of the Warrants immediately prior to such adjustment and (y) the
denominator of which shall be the number of shares of Common Stock so purchasable immediately thereafter. 
 4.4 Replacement of Securities
upon Reorganization, etc. In case of any reclassification or reorganization of the outstanding shares of Common Stock (other than a change covered by Sections 4.1 or 4.2 above or that solely affects the par value of such shares of Common Stock),
or in the case of any merger or consolidation of the Company with or into another corporation (other than a consolidation or merger in which the Company is the continuing corporation and that does not result in any reclassification or reorganization
of the outstanding shares of Common Stock), or in the case of any sale or conveyance to another corporation or entity of the assets or other property of the Company as an entirety or substantially as an entirety in connection with which the Company
is dissolved, the Warrant holders shall thereafter have the right to purchase and receive, upon the basis and upon the terms and conditions specified in the Warrants and in lieu of the shares of Common Stock of the Company immediately theretofore
purchasable and receivable upon the exercise of the rights represented thereby, the kind and amount of shares of stock or other securities or property (including cash) receivable upon such reclassification, reorganization, merger or consolidation,
or upon a dissolution following any such sale or transfer, that the Warrant holder would have received if such Warrant holder had exercised his, her or its Warrant(s) immediately prior to such event; and if any reclassification also results in a
change in shares of Common Stock covered by Sections 4.1 or 4.2 above, then such adjustment shall be made pursuant to Sections 4.1, 4.2, 4.3 above and this Section 4.4. The provisions of this Section 4.4 shall similarly apply to successive
reclassifications, reorganizations, mergers or consolidations, sales or other transfers. 
  

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 4.5 Notices of Changes in Warrant. Upon every adjustment of the Warrant Price or the number of
shares issuable upon exercise of a Warrant, the Company shall give written notice thereof to the Warrant Agent, which notice shall state the Warrant Price resulting from such adjustment and the increase or decrease, if any, in the number of shares
purchasable at such price upon the exercise of a Warrant, setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based. Upon the occurrence of any event specified in Sections 4.1, 4.2, 4.3 or 4.4
above, then, in any such event, the Company shall give written notice to the Warrant holder, at the last address set forth for such holder in the warrant register, of the record date or the effective date of the event. Failure to give such notice,
or any defect therein, shall not affect the legality or validity of such event. 
 4.6 No Fractional Shares. Notwithstanding any
provision contained in this Agreement to the contrary, the Company shall not issue fractional shares upon exercise of Warrants. If, by reason of any adjustment made pursuant to this Section 4, the holder of any Warrant would be entitled, upon
the exercise of such Warrant, to receive a fractional interest in a share, the Company shall, upon such exercise, round up to the nearest whole number the number of the shares of Common Stock to be issued to the Warrant holder. 
 4.7 Form of Warrant. The form of Warrant need not be changed because of any adjustment pursuant to this Section 4, and Warrants issued after
such adjustment may state the same Warrant Price and the same number of shares as is stated in the Warrants initially issued pursuant to this Agreement. However, the Company may at any time in its sole discretion make any change in the form of
Warrant that the Company may deem appropriate and that does not affect the substance thereof, and any Warrant thereafter issued or countersigned, whether in exchange or substitution for an outstanding Warrant or otherwise, may be in the form as so
changed. 
 5. Transfer and Exchange of Warrants. 
 5.1 Transfer of Warrants. Prior to the Detachment Date, the Public Warrants, Representatives’ Warrants and the Private Warrants may be transferred or exchanged only together with the Unit in which such Warrant is included, and
only for the purpose of effecting, or in conjunction with, a transfer or exchange of such Unit. Furthermore, each transfer of a Public Unit, Representatives’ Unit or a Private Unit on the register relating to such Units shall operate also to
transfer the Warrant included in such Unit. 
 5.2 Registration of Transfer. The Warrant Agent shall register the transfer, from time
to time, of any outstanding Warrant upon the Warrant Register, upon surrender of such Warrant for transfer, properly endorsed with signatures properly guaranteed and accompanied by appropriate instructions for transfer. Upon any such transfer, a new
Warrant representing an equal aggregate number of Warrants shall be issued and the old Warrant shall be cancelled by the Warrant Agent. The Warrants so cancelled shall be delivered by the Warrant Agent to the Company from time to time upon request.

  

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 5.3 Procedure for Surrender of Warrants. Warrants may be surrendered to the Warrant Agent,
together with a written request for exchange or transfer, and thereupon the Warrant Agent shall issue in exchange therefor one or more new Warrants as requested by the Registered Holder of the Warrants so surrendered, representing an equal aggregate
number of Warrants; provided, however, that except as otherwise provided herein or in any Book-Entry Warrant Certificate, each Book-Entry Warrant Certificate may be transferred only in whole and only to the Depository, to another nominee of the
Depository, to a successor depository, or to a nominee of a successor depository; provided further, however, that in the event that a Warrant surrendered for transfer bears a restrictive legend, the Warrant Agent shall not cancel such Warrant and
issue new Warrants in exchange therefor until the Warrant Agent has received an opinion of counsel for the Company stating that such transfer may be made and indicating whether the new Warrants must also bear a restrictive legend. Upon any such
registration of transfer, the Company shall execute, and the Warrant Agent shall countersign and deliver, in the name of the designated transferee a new Warrant Certificate or Warrant Certificates of any authorized denomination evidencing in the
aggregate a like number of unexercised Warrants. 
 5.4 Fractional Warrants. The Warrant Agent shall not be required to effect any
registration of transfer or exchange which will result in the issuance of a Warrant Certificate for a fraction of a Warrant. 
 5.5
Service Charges. No service charge shall be made for any exchange or registration of transfer of Warrants. 
 5.6 Warrant Execution
and Countersignature. The Warrant Agent is hereby authorized to countersign and to deliver, in accordance with the terms of this Agreement, the Warrants required to be issued pursuant to the provisions of this Section 5, and the Company,
whenever required by the Warrant Agent, will supply the Warrant Agent with Warrants duly executed on behalf of the Company for such purpose. 
 6.
Redemption. 
 6.1 Redemption. Subject to Section 6.4 hereof, with the prior written consent of I-Bankers, not less than
all of the outstanding Warrants may be redeemed, at the option of the Company, at any time after they become exercisable and prior to their expiration, at the office of the Warrant Agent, upon the notice referred to in Section 6.2, at the price
of $0.01 per Warrant (“Redemption Price”), provided that the last sales price of the Common Stock has been at least $11.50 per share (subject to adjustment as contemplated in Section 4 hereof) for any twenty (20) trading days
within a thirty (30) trading day period ending on the third business day prior to the date on which notice of redemption is given. The provisions of this Section 6.1 may not be modified, amended or deleted without the prior written consent
of I-Bankers. 
 6.2 Date Fixed for, and Notice of, Redemption. In the event the Company shall elect to redeem all of the Warrants,
the Company shall fix a date for the redemption (the “Redemption Date”). Notice of redemption shall be mailed by first class mail, postage prepaid, by the Company not less than 30 days prior to the date fixed for redemption to the
Registered Holders of the Warrants to be redeemed at their last addresses as they shall appear on the Warrant Register (the “Redemption Notice”). Any notice mailed in the manner herein provided shall be conclusively presumed to have been
duly given on the date sent whether or not the Registered Holder received such notice. 
  

 10 

 6.3 Exercise After Notice of Redemption. The Warrants may be exercised in accordance with
Section 3 of this Agreement at any time after the Redemption Notice shall have been given by the Company pursuant to Section 6.2 hereof and prior to the time and date fixed for redemption. On and after the Redemption Date, the Registered
Holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price. 
 6.4
Outstanding Warrants Only. The Company understands that the redemption rights provided for by this Section 6 apply only to outstanding Warrants. To the extent a person holds rights to purchase Warrants, such purchase rights shall not be
extinguished by redemption. However, once such purchase rights are exercised, the Company may redeem the Warrants issued upon such exercise provided that the criteria for redemption is met. The provisions of this Section 6.4 may not be
modified, amended or deleted without the prior written consent of I-Bankers. 
 7. Other Provisions Relating to Rights of Holders of Warrants.

 7.1 No Rights as Stockholder. A Warrant does not entitle the Registered Holder thereof to any of the rights of a stockholder of the
Company, including, without limitation, the right to receive dividends, or other distributions, exercise any preemptive rights to vote or to consent or to receive notice as stockholders in respect of the meetings of stockholders or the election of
directors of the Company or any other matter. 
 7.2 Lost, Stolen, Mutilated, or Destroyed Warrants. If any Warrant is lost, stolen,
mutilated, or destroyed, the Company and the Warrant Agent may on such terms as to indemnity or otherwise as they may in their discretion impose (which shall, in the case of a mutilated Warrant, include the surrender thereof), issue a new Warrant of
like denomination, tenor, and date as the Warrant so lost, stolen, mutilated, or destroyed. Any such new Warrant shall constitute a substitute contractual obligation of the Company, whether or not the allegedly lost, stolen, mutilated, or destroyed
Warrant shall be at any time enforceable by anyone. 
 7.3 Reservation of Common Stock. The Company shall at all times reserve and
keep available a number of its authorized but unissued shares of Common Stock that will be sufficient to permit the exercise in full of all outstanding Warrants issued pursuant to this Agreement. 
 7.4 Registration of Common Stock. The Company agrees that prior to the commencement of the Exercise Period, it shall file with the Securities and
Exchange Commission a post-effective amendment to the Registration Statement, or a new registration statement, for the registration under the Act of, and it shall take such action as is necessary to qualify for sale in those states in which the
Warrants were initially offered by the Company, the Common Stock issuable upon exercise of the Warrants. In either case, the Company will use its reasonable best efforts to cause the same to become effective and to maintain the effectiveness of such
registration statement until the expiration of the Warrants in accordance with the provisions of this Agreement. The provisions of this Section 7.4 may not be modified, amended or deleted without the prior written consent of I-Bankers.

  

 11 

 8. Concerning the Warrant Agent and Other Matters. 
 8.1 Payment of Taxes. The Company will from time to time promptly pay all taxes and charges that may be imposed upon the Company or the Warrant
Agent in respect of the issuance or delivery of shares of Common Stock upon the exercise of Warrants, but the Company shall not be obligated to pay any transfer taxes in respect of the Warrants or such shares. 
 8.2 Resignation, Consolidation, or Merger of Warrant Agent. 
 8.2.1 Appointment of Successor Warrant Agent. The Warrant Agent, or any successor to it hereafter appointed, may resign its duties and be discharged from all further duties and liabilities hereunder after
giving sixty (60) days’ prior written notice to the Company. If the office of the Warrant Agent becomes vacant by resignation or incapacity to act or otherwise, the Company shall appoint in writing a successor warrant agent in place of the
Warrant Agent. If the Company shall fail to make such appointment within a period of 30 days after it has been notified in writing of such resignation or incapacity by the Warrant Agent or by the holder of the Warrant (who shall, with such notice,
submit his Warrant for inspection by the Company), then the holder of any Warrant may apply to the Supreme Court of the State of New York for the County of New York for the appointment of a successor Warrant Agent at the Company’s cost. Any
successor warrant agent, whether appointed by the Company or by such court, shall be a corporation organized and existing under the laws of the State of New York, in good standing and having its principal office in the Borough of Manhattan, City and
State of New York, and authorized under such laws to exercise corporate trust powers and subject to supervision or examination by federal or state authority. After appointment, any successor warrant agent shall be vested with all the authority,
powers, rights, immunities, duties, and obligations of its predecessor warrant agent with like effect as if originally named as warrant agent hereunder, without any further act or deed; but if for any reason it becomes necessary or appropriate, the
predecessor warrant agent shall execute and deliver, at the expense of the Company, an instrument transferring to such successor warrant agent all the authority, powers, and rights of such predecessor warrant agent hereunder; and upon request of any
successor warrant agent the Company shall make, execute, acknowledge, and deliver any and all instruments in writing for more fully and effectually vesting in and confirming to such successor warrant agent all such authority, powers, rights,
immunities, duties, and obligations. 
 8.2.2 Notice of Successor Warrant Agent. In the event a successor warrant agent shall be
appointed, the Company shall give notice thereof to the predecessor warrant agent and the transfer agent for the Common Stock not later than the effective date of any such appointment. 
 8.2.3 Merger or Consolidation of Warrant Agent. Any corporation into which the Warrant Agent may be merged or with which it may be consolidated or
any corporation resulting from any merger or consolidation to which the Warrant Agent shall be a party shall be the successor warrant agent under this Agreement without any further act. 
  

 12 

 8.3 Fees and Expenses of Warrant Agent. 
 8.3.1 Remuneration. The Company agrees to pay the Warrant Agent reasonable remuneration for its services as Warrant Agent hereunder and will
reimburse the Warrant Agent upon demand for all expenditures that the Warrant Agent may reasonably incur in the execution of its duties hereunder. 
 8.3.2 Further Assurances. The Company agrees to perform, execute, acknowledge, and deliver or cause to be performed, executed, acknowledged, and delivered all such further acts, instruments, and assurances as may reasonably be
required by the Warrant Agent for the carrying out or performing of the provisions of this Agreement. 
 8.4 Liability of Warrant
Agent. 
 8.4.1 Reliance on Company Statement. Whenever in the performance of its duties under this Agreement, the Warrant Agent
shall deem it necessary or desirable that any fact or matter be proved or established by the Company prior to taking or suffering any action hereunder, such fact or matter (unless other evidence in respect thereof be herein specifically prescribed)
may be deemed to be conclusively proved and established by a statement signed by the Chief Executive Officer, President or Chairman of the Board of the Company and delivered to the Warrant Agent. The Warrant Agent may rely upon such statement for
any action taken or suffered in good faith by it pursuant to the provisions of this Agreement. 
 8.4.2 Indemnity. The Warrant Agent
shall be liable hereunder only for its own negligence, willful misconduct or bad faith. The Company agrees to indemnify the Warrant Agent and save it harmless against any and all liabilities, including judgments, costs and reasonable counsel fees,
for anything done or omitted by the Warrant Agent in the execution of this Agreement except as a result of the Warrant Agent’s negligence, willful misconduct, or bad faith. 
 8.4.3 Exclusions. The Warrant Agent shall have no responsibility with respect to the validity of this Agreement or with respect to the validity or
execution of any Warrant (except its countersignature thereof); nor shall it be responsible for any breach by the Company of any covenant or condition contained in this Agreement or in any Warrant; nor shall it be responsible to make any adjustments
required under the provisions of Section 4 hereof or responsible for the manner, method, or amount of any such adjustment or the ascertaining of the existence of facts that would require any such adjustment; nor shall it by any act hereunder be
deemed to make any representation or warranty as to the authorization or reservation of any shares of Common Stock to be issued pursuant to this Agreement or any Warrant or as to whether any shares of Common Stock will when issued be valid and fully
paid and nonassessable. 
 8.5 Acceptance of Agency. The Warrant Agent hereby accepts the agency established by this Agreement and
agrees to perform the same upon the terms and conditions herein set forth and among other things, shall account promptly to the Company with respect to Warrants exercised and concurrently account for, and pay to the Company, all moneys received by
the Warrant Agent for the purchase of shares of the Company’s Common Stock through the exercise of Warrants. 
  

 13 

 8.6 Waiver. The Warrant Agent hereby waives any and all right, title, interest or claim of any
kind (“Claim”) in or to any distribution of the Trust Account (as defined in that certain Investment Management Trust Agreement, dated as of the date hereof, by and between the Company and the Warrant Agent as trustee thereunder), and
hereby agrees not to seek recourse, reimbursement, payment or satisfaction for any Claim against the Trust Fund for any reason whatsoever. 
 9.
Miscellaneous Provisions. 
 9.1 Successors. All the covenants and provisions of this Agreement by or for the benefit of the
Company or the Warrant Agent shall bind and inure to the benefit of their respective successors and assigns. 
 9.2 Notices. Any
notice, statement or demand authorized by this Agreement to be given or made by the Warrant Agent or by the holder of any Warrant to or on the Company shall be sufficiently given when so delivered if by hand or overnight delivery or if sent by
certified mail or private courier service within five days after deposit of such notice, postage prepaid, addressed (until another address is filed in writing by the Company with the Warrant Agent), as follows: 
 Trans-India Acquisition Corporation 
 300 Wacker Drive, Suite 1000 
 Chicago, Illinois 60606 
 Attn: Bobba Venkatadri, CEO 
 with a copy in
each case to: 
 Hayden Bergman Rooney 
 Professional Corporation 
 150 Post Street, Suite 650 
 San Francisco, California 94108 
 Attn: Kevin K. Rooney, Esq. 
 Any notice,
statement or demand authorized by this Agreement to be given or made by the holder of any Warrant or by the Company to or on the Warrant Agent shall be sufficiently given when so delivered if by hand or overnight delivery or if sent by certified
mail or private courier service within five days after deposit of such notice, postage prepaid, addressed (until another address is filed in writing by the Warrant Agent with the Company), as follows: 
 Continental Stock Transfer & Trust Company 
 17 Battery Place 
 New York, New York 10004 
 Attn: Compliance Department 
  

 14 

 with a copy in each case to: 
 Dilworth Paxson LLP 
 1133 Connecticut Avenue N.W., Suite 620 
 Washington, DC 20036 
 Attn: Kathleen L. Cerveny, Esq. 
 and 
 I-Bankers Securities, Inc. 
 125 E. John Carpenter Freeway, Suite 260 
 Irving, TX 75062 
 Attn: Shelly Gluck, President 
 9.3 Applicable Law. The validity, interpretation, and performance of this Agreement shall be governed in all respects by the laws of the State of
New York, without giving effect to conflict of laws. The Company hereby agrees that any action, proceeding or claim against it arising out of or relating in any way to this Agreement shall be brought and enforced in the courts of the State of New
York or the United States District Court for the Southern District of New York, and irrevocably submits to such jurisdiction, which jurisdiction shall be exclusive. The Company hereby waives any objection to such exclusive jurisdiction and that such
courts represent an inconvenient forum. Any such process or summons to be served upon the Company may be served by transmitting a copy thereof by registered or certified mail, return receipt requested, postage prepaid, addressed to it at the address
set forth in Section 9.2 hereof. Such mailing shall be deemed personal service and shall be legal and binding upon the Company in any action, proceeding or claim. 
 9.4 Persons Having Rights under this Agreement. Nothing in this Agreement expressed and nothing that may be implied from any of the provisions hereof is intended, or shall be construed, to confer upon, or give
to, any person or corporation other than the parties hereto and the Registered Holders and, for the purposes of Sections 3.4, 6.1, 6.4, 7.4 and 9.2 hereof, the Representatives, any right, remedy, or claim under or by reason of this Agreement or of
any covenant, condition, stipulation, promise, or agreement hereof. The Representatives shall be deemed to be third-party beneficiaries of this Agreement with respect to Sections 3.4, 6.1, 6.4, 7.4 and 9.2 hereof. All covenants, conditions,
stipulations, promises, and agreements contained in this Agreement shall be for the sole and exclusive benefit of the parties hereto (and the Representatives with respect to the Sections 3.4, 6.1, 6.4, 7.4 and 9.2 hereof) and their successors and
assigns and of the Registered Holders. 
 9.5 Examination of the Warrant Agreement. A copy of this Agreement shall be available at all
reasonable times at the office of the Warrant Agent in the Borough of Manhattan, City and State of New York, for inspection by the Registered Holder of any Warrant. The Warrant Agent may require any such holder to submit his Warrant for inspection
by it. 
 9.6 Counterparts. This Agreement may be executed in any number of counterparts and each of such counterparts shall for all
purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument. 
  

 15 

 9.7 Effect of Headings. The Section headings herein are for convenience only and are not part of
this Agreement and shall not affect the interpretation thereof. 
 [Remainder of Page Intentionally Left Blank] 
  

 16 

 IN WITNESS WHEREOF, the parties have duly executed this Warrant Agreement as of the date first written
above. 
  

			
	TRANS-INDIA ACQUISITION CORPORATION
		
	By:	 	  

	Name:	 	Bobba Venkatadri
	Title:	 	Chief Executive Officer
	
	 CONTINENTAL STOCK TRANSFER
 & TRUST
COMPANY

		
	By:	 	  

	Name:	 	Steven Nelson
	Title:	 	Chairman

  

 17 

 EXHIBIT A 
 SPECIMEN WARRANT CERTIFICATE 
  

			
	NUMBER                 	  	                 WARRANTS
		
	 [Symbol]
	  	

 (SEE REVERSE SIDE FOR LEGEND) 
 THIS WARRANT WILL BE VOID IF NOT EXERCISED PRIOR TO 
 5:00 P.M. NEW YORK CITY TIME,
                    , 2012 
 TRANS-INDIA ACQUISITION CORPORATION 
 CUSIP
                 
 WARRANT 
 THIS CERTIFIES THAT, for value received
                                        
                             is the registered holder of a Warrant or Warrants expiring
                            , 2012 (the “Warrant”) to purchase one fully paid and
non-assessable share of Common Stock, par value $0.0001 per share (“Shares”), of Trans-India Acquisition Corporation, a Delaware corporation (the “Company”), for each Warrant evidenced by this Warrant Certificate. The Warrant
entitles the holder thereof to purchase from the Company, commencing on the later of (i) the consummation by the Company of a merger, capital stock exchange, asset acquisition or other similar business combination or
(ii)                     , 2008, such number of Shares of the Company at the price of $5.00 per share, upon surrender of this Warrant
Certificate and payment of the Warrant Price at the office or agency of the Warrant Agent, Continental Stock Transfer & Trust Company (such payment to be made by check made payable to the Warrant Agent), but only subject to the conditions
set forth herein and in the Warrant Agreement between the Company and Continental Stock Transfer & Trust Company. In no event shall the registered holder of this Warrant be entitled to receive a net-cash settlement, shares of stock or other
consideration in lieu of physical settlement in Shares of the Company. The Warrant Agreement provides that upon the occurrence of certain events the Warrant Price and the number of Warrant Shares purchasable hereunder, set forth on the face hereof,
may, subject to certain conditions, be adjusted. The term Warrant Price as used in this Warrant Certificate refers to the price per Share at which Shares may be purchased at the time the Warrant is exercised. 
 No fraction of a Share will be issued upon any exercise of a Warrant. If the holder of a Warrant would be entitled to receive a fraction of a Share upon any exercise of
a Warrant, the Company shall, upon such exercise, round up or down to the nearest whole number the number of Shares to be issued to such holder. 
 Upon any
exercise of the Warrant for less than the total number of full Shares provided for herein, there shall be issued to the registered holder hereof or his assignee a new Warrant Certificate covering the number of Shares for which the Warrant has not
been exercised. 

 Warrant Certificates, when surrendered at the office or agency of the Warrant Agent by the registered holder hereof in
person or by attorney duly authorized in writing, may be exchanged in the manner and subject to the limitations provided in the Warrant Agreement, but without payment of any service charge, for another Warrant Certificate or Warrant Certificates of
like tenor and evidencing in the aggregate a like number of Warrants. 
 Upon due presentment for registration of transfer of the Warrant Certificate at the
office or agency of the Warrant Agent, a new Warrant Certificate or Warrant Certificates of like tenor and evidencing in the aggregate a like number of Warrants shall be issued to the transferee in exchange for this Warrant Certificate, subject to
the limitations provided in the Warrant Agreement, without charge except for any applicable tax or other governmental charge. 
 The Company and the Warrant
Agent may deem and treat the registered holder as the absolute owner of this Warrant Certificate (notwithstanding any notation of ownership or other writing hereon made by anyone), for the purpose of any exercise hereof, of any distribution to the
registered holder, and for all other purposes, and neither the Company nor the Warrant Agent shall be affected by any notice to the contrary. 
 This Warrant
does not entitle the registered holder to any of the rights of a stockholder of the Company. 
 The Company reserves the right to call the Warrant at any
time prior to its exercise, with a notice of call in writing to the holders of record of the Warrant, giving 30 days’ notice of such call at any time after the Warrant becomes exercisable if the last sale price of the Shares has been at least
$11.50 per share on each of 20 trading days within any 30 trading day period ending on the third business day prior to the date on which notice of such call is given. The call price of the Warrants is to be $0.01 per Warrant. Any Warrant either not
exercised or tendered back to the Company by the end of the date specified in the notice of call shall be canceled on the books of the Company and have no further value except for the $0.01 call price. 
  

					
	By	 		 	
			
	  
	 		 	  

	Secretary	 		 	Chairman of the Board

 SUBSCRIPTION FORM 
 To Be Executed by the Registered Holder in Order to Exercise Warrants 
 The undersigned Registered Holder irrevocably elects
to exercise                      Warrants represented by this Warrant Certificate, and to purchase the shares of Common Stock issuable upon
the exercise of such Warrants, and requests that Certificates for such shares shall be issued in the name of 
  
  

 (PLEASE TYPE OR PRINT NAME AND
ADDRESS) 
  

  

  

 (SOCIAL SECURITY
OR TAX IDENTIFICATION NUMBER) 
 and be delivered to _________________________________________________________________________________________________________________________________ 
 (PLEASE PRINT OR TYPE NAME AND ADDRESS) 
 and, if such number of Warrants shall not be all the Warrants
evidenced by this Warrant Certificate, that a new Warrant Certificate for the balance of such Warrants be registered in the name of, and delivered to, the Registered Holder at the address stated below: 
  

			
	Dated:
                                	 	  

		 	(SIGNATURE)
		
		 	  

		 	(ADDRESS)
		 	  

		
		 	  

		 	(TAX IDENTIFICATION NUMBER)

 ASSIGNMENT 
 To Be Executed by the Registered Holder in Order to Assign Warrants 
 For Value Received,
                                 hereby sell, assign, and transfer unto

  
  

 (PLEASE TYPE OR PRINT NAME AND ADDRESS) 
  

  

 (SOCIAL SECURITY OR TAX
IDENTIFICATION NUMBER) 

 and be delivered to____________________________________________________________________________________ 
 (PLEASE PRINT OR TYPE NAME AND ADDRESS) 
                                  of the Warrants represented by this
Warrant Certificate, and hereby irrevocably constitute and appoint Attorney to transfer this Warrant Certificate on the books of the Company, with full power of substitution in the premises. 
  

			
	Dated:
                                	 	  

		 	(SIGNATURE)

 THE SIGNATURE TO THE ASSIGNMENT OF THE SUBSCRIPTION FORM MUST CORRESPOND TO THE NAME WRITTEN UPON THE FACE OF THIS
WARRANT CERTIFICATE IN EVERY PARTICULAR, WITHOUT ALTERATION OR ENLARGEMENT OR ANY CHANGE WHATSOEVER, AND MUST BE GUARANTEED BY A COMMERCIAL BANK OR TRUST COMPANY OR A MEMBER FIRM OF THE AMERICAN STOCK EXCHANGE, NEW YORK STOCK EXCHANGE, PACIFIC STOCK
EXCHANGE OR CHICAGO STOCK EXCHANGE.Form of Investment Management Trust Agreement

 Exhibit 10.3 
 INVESTMENT MANAGEMENT TRUST AGREEMENT 
 This Investment Management Trust Agreement Agreement (this
“Agreement”) is made as of                     , 2007 by and between Trans-India Acquisition Corporation, a Delaware corporation
(the “Company”) and Continental Stock Transfer & Trust Company, a New York corporation (the “Trustee”). 
 WHEREAS, the Company’s Registration Statement on Form S-1, as amended, No. 333-136300 (together with any registration statement filed pursuant to Rule 462(b), the “Registration Statement”), for its initial public
offering of securities (the “IPO”) has been declared effective as of the date hereof by the Securities and Exchange Commission (the “Effective Date”); and 
 WHEREAS, the Company has agreed to issue securities in private placements that will occur immediately prior to the IPO (the “Private
Placements”); 
 WHEREAS, I-Bankers Securities, Inc. (“I-Bankers”) and CRT Capital Group LLC (the “Representatives”)
are acting as the representatives of the underwriters in the IPO (collectively, the “Underwriters”); and 
 WHEREAS, as described
in the Registration Statement, and in accordance with (i) the Company’s Amended and Restated Certificate of Incorporation, $73,400,000 of the gross proceeds of the IPO ($84,560,000 if the underwriters’ over-allotment option is
exercised in full), (ii) the Subscription Agreement, dated July 28, 2006, and the Regulation S Subscription Agreement, dated November 13, 2006, each among the Company and certain purchasers, $1,600,000 of the gross proceeds of the Private
Placements, and (iii) the Underwriting Agreement, dated                     , 2007 among the Company and the Representatives, as
representatives of the Underwriters, $3,200,000 (or $3,680,000 if the underwriters’ over-allotment option is exercised in full), representing a portion of the underwriters’ discounts and commissions and non-accountable expenses (the
“Escrowed Fees”) that the Representatives, on behalf of the Underwriters, have agreed to deposit into the Trust Account (as defined below), will be delivered to the Trustee to be deposited and held in a trust account for the benefit of the
Company, the Underwriters and the holders of the Company’s common stock, par value $0.0001 per share (the “Common Stock”) included in the units of the Company’s securities issued in the IPO (the amounts to be delivered to the
Trustee will be referred to herein as the “Property”; the stockholders for whose benefit the Trustee shall hold the Property will be referred to as the “Public Stockholders,” and the Public Stockholders, the Underwriters and the
Company will be referred to together as the “Beneficiaries”); 
 WHEREAS, the Escrowed Fees will be paid from the Trust Account to
the Representatives only upon the consummation of a Business Combination in accordance with the Termination Letter (as defined below); and 
 WHEREAS, the Company and the Trustee desire to enter into this Agreement to set forth the terms and conditions pursuant to which the Trustee shall hold the Property; 
 NOW THEREFORE, in consideration of the mutual agreements herein contained, the parties hereto agree as follows: 
 1. Agreements and Covenants of Trustee. 
 The Trustee
hereby agrees and covenants to: 
 (a) Hold the Property in trust for the Beneficiaries in accordance with the terms of this Agreement, in
segregated trust accounts (“Trust Account”) established by the Trustee at J.P. Morgan Chase N.A. and at a brokerage institution selected by the Trustee; 

 (b) Manage, supervise and administer the Trust Account subject to the terms and conditions set forth
herein; 
 (c) In a timely manner, upon the written instruction of the Company, to invest and reinvest the Property in any “Government
Security” or in money market funds selected by the Company meeting the conditions specified in Rule 2a-7 promulgated under the Investment Company Act of 1940, as amended, as determined by the Company. As used herein, “Government
Security” means any Treasury Bill issued by the United States, having a maturity of one hundred and eighty (180) days or less; 
 (d) Collect and receive, when due, all principal and income arising from the Property, net of taxes, which shall become part of the “Property,” as such term is used herein; 
 (e) Notify the Company of all communications received by it with respect to any Property requiring action by the Company; 
 (f) Supply any necessary information or documents as may be requested by the Company in connection with the Company’s preparation of the tax returns
relating to income from the Property in the Trust Account or otherwise; 
 (g) Participate in any plan or proceeding for protecting or
enforcing any right or interest arising from the Property if, as and when instructed by the Company in writing to do so; 
 (h) Render to the
Company and to I-Bankers, and to such other person as the Company may instruct, monthly written statements of the activities of and amounts in the Trust Account reflecting all receipts and disbursements of the Trust Account; 
 (i) If there is any income or other tax obligation relating to the income from the Property in the Trust Account as determined by the Company, then, from
time to time, at the written instruction of the Company, the Trustee shall promptly to the extent there is not sufficient cash in the Trust Account to pay such tax obligation, liquidate such assets held in the Trust Account as shall be designated by
the Company in writing, and disburse to the Company by wire transfer, out of the income from the Property and, to the extent necessary, from the Property in the Trust Account, the amount indicated by the Company as owing in respect of such income
tax obligation; and 
 (j) Commence liquidation of the Trust Account only upon receipt of and only in accordance with the terms of a letter
(the “Termination Letter”), in a form substantially similar to that attached hereto as either Exhibit A or Exhibit B, signed on behalf of the Company by its President or Chairman of the Board and Secretary, and complete the liquidation of
the Trust Account and distribute the Property in the Trust Account only as directed in the Termination Letter and the other documents referred to therein. 
  

 2 

 2. Limited Distributions Of Income From Trust Account. 
 The Trustee agrees to make distributions from the Trust Account as follows: 
 (a) If there is any income tax obligation relating to the income from the Property in the Trust Account, then, at the written instruction of the Company,
the Trustee shall disburse to the Company by wire transfer, out of the income from the Property and, to the extent necessary, from the Property in the Trust Account, the amount indicated by the Company as required to pay income taxes; 
 (b) Upon written request from the Company in a form substantially similar to that attached hereto as Exhibit C, which may be given not more than once in
any calendar month (except during the first month following the Effective Date, during which period the request may not be more than once per week), the Trustee shall distribute to the Company by wire transfer income collected on the Property
through the last day of the calendar month immediately preceding the date of receipt of the Company’s request (except during the first month following the Effective Date, during which period the Trustee shall distribute the income collected on
the Property through the last day of the week immediately preceding the date of receipt of the Company’s request); provided, however, that the maximum amount of distributions, net of taxes, that the Company may request and the Trustee shall
distribute pursuant to this Section 2(b) shall be $2,300,000; and 
 (c) Except as provided in Section 2(a) and 2(b) above, no
other distributions from the Trust Account shall be permitted except in accordance with Sections 1(i) and 1(j) hereof. 
 3. Agreements and Covenants of
the Company. 
 The Company hereby agrees and covenants to: 
 (a) Give all instructions to the Trustee hereunder in writing, signed by the Company’s President or Chairman of the Board. In addition, except with
respect to its duties under Section 1(i) above, the Trustee shall be entitled to rely on, and shall be protected in relying on, any verbal or telephonic advice or instruction which it in good faith believes to be given by any one of the persons
authorized above to give written instructions, provided that the Company shall promptly confirm such instructions in writing; 
 (b) Hold the
Trustee harmless and indemnify the Trustee from and against, any and all expenses, including reasonable counsel fees and disbursements, or loss suffered by the Trustee in connection with any action, suit or other proceeding brought against the
Trustee involving any claim, or in connection with any claim or demand which in any way arises out of or relates to this Agreement, the services of the Trustee hereunder, or the Property or any income earned from investment of the Property, except
for expenses and losses resulting from the Trustee’s gross negligence or willful misconduct. Promptly after the receipt by the Trustee of notice of demand or claim or the commencement of any action, suit or proceeding, pursuant to which the
Trustee intends to seek indemnification under this paragraph, it shall notify the Company in writing of such claim (hereinafter referred to as the “Indemnified Claim”). The Trustee shall have the right to conduct and manage the defense
against such Indemnified Claim, provided, that the Trustee shall obtain the consent of the Company with respect to the selection of counsel, which consent shall not be unreasonably withheld. The Company may participate in such action with its own
counsel; 
  

 3 

 (c) Pay the Trustee an initial acceptance fee, an annual fee and a transaction processing fee for each
disbursement made pursuant to Sections 2(a) and 2(b) as set forth on Schedule A hereto, which fees shall be subject to modification by the parties from time to time. It is expressly understood that the Property shall not be used to pay such fees and
further agreed that said transaction processing fees shall be deducted by the Trustee from the disbursements made to the Company pursuant to Section 2(b). The Company shall pay the Trustee the initial acceptance fee and first year’s fee at
the consummation of the IPO and thereafter on the anniversary of the Effective Date. The Trustee shall refund to the Company the annual fee (on a pro rata basis) with respect to any period after the liquidation of the Trust Fund. The Company shall
not be responsible for any other fees or charges of the Trustee except as set forth in this Section 3(c) and as may be provided in Section 3(b) hereof (it being expressly understood that the Property shall not be used to make any payments
to the Trustee under such Sections); 
 (d) Provide to the Trustee a copy of any letter of intent, agreement in principle or definitive
agreement that is executed by the Company prior to the conclusion of 18 months following consummation of the IPO; 
 (e) Provide to the
Trustee a copy of the certified oath and report of an independent inspector of election in respect of the stockholder vote at the meeting called by the Company to consider and act upon any proposed business combination transaction or liquidation of
the Company, as the case may be; and 
 (f) Provide to the Trustee a copy of the executed agreement between the Company and the Designated
Paying Agent on or before the Transfer Date (as such terms are defined in Exhibit B hereto). 
 4. Limitations of Liability. 
 The Trustee shall have no responsibility or liability to: 
 (a) Take any action with respect to the Property, other than as directed in Section 1 hereof and the Trustee shall have no liability to any party except for liability arising out of its own gross negligence or
willful misconduct; 
 (b) Institute any proceeding for the collection of any principal and income arising from, or institute, appear in or
defend any proceeding of any kind with respect to, any of the Property unless and until it shall have received written instructions from the Company given as provided herein to do so and the Company shall have advanced or guaranteed to it funds
sufficient to pay any expenses incident thereto; 
 (c) Change the investment of any Property, other than in compliance with
Section 1(c); 
 (d) Refund any depreciation in principal of any Property; 
 (e) Assume that the authority of any person designated by the Company to give instructions hereunder shall not be continuing unless provided otherwise in
such designation, or unless the Company shall have delivered a written revocation of such authority to the Trustee; 
 (f) The other parties
hereto or to anyone else for any action taken or omitted by it, or any action suffered by it to be taken or omitted, in good faith and in the exercise of its own best judgment, except for its gross negligence or willful misconduct. The Trustee may
rely conclusively and shall be protected in acting upon any order, judgment, instruction, notice, 

  

 4 

 
demand, certificate, opinion or advice of counsel (including counsel chosen by the Trustee), statement, instrument, report or other paper or document (not
only as to its due execution and the validity and effectiveness of its provisions, but also as to the truth and acceptability of any information therein contained) which is believed by the Trustee, in good faith, to be genuine and to be signed or
presented by the proper person or persons. The Trustee shall not be bound by any notice or demand, or any waiver, modification, termination or rescission of this agreement or any of the terms hereof, unless evidenced by a written instrument
delivered to the Trustee signed by the proper party or parties and, if the duties or rights of the Trustee are affected, unless it shall give its prior written consent thereto; 
 (g) Verify the correctness of the information set forth in the Registration Statement or to confirm or assure that any acquisition made by the Company or
any other action taken by it is as contemplated by the Registration Statement; 
 (h) Prepare, execute and file any tax reports, income or
other tax returns and pay any income taxes with respect to income and activities relating to the Trust Account, regardless of whether such tax is payable by the Trust Account or the Company (including but not limited to income tax obligations), it
being expressly understood that as set forth in Section 1(i), if there is any income or other tax obligation relating to the Trust Account or the Property in the Trust Account, as determined from time to time by the Company and regardless of
whether such tax is payable by the Company or the Trust, at the written instruction of the Company, the Trustee shall issue a check directly to the Company, out of the Property in the Trust Account, for the amount indicated by the Company as owing
to each such taxing authority; and 
 (i) Verify calculations, qualify or otherwise approve Company requests for distributions pursuant to
Section 1(i), 2(a) or 2(b) above. 
 5. Termination. 
 This Agreement shall terminate as follows: 
 (a) If the Trustee gives written notice to the Company that it
desires to resign under this Agreement, the Company shall use its reasonable efforts to locate a successor trustee. At such time that the Company notifies the Trustee that a successor trustee has been appointed by the Company and has agreed to
become subject to the terms of this Agreement, the Trustee shall transfer the management of the Trust Account to the successor trustee, including but not limited to the transfer of copies of the reports and statements relating to the Trust Account,
whereupon this Agreement shall terminate; provided, however, that, in the event that the Company does not locate a successor trustee within ninety days of receipt of the resignation notice from the Trustee, the Trustee may submit an application to
have the Property deposited with the United States District Court for the Southern District of New York and upon such deposit, the Trustee shall be immune from any liability whatsoever; 
 (b) At such time that the Trustee has completed the liquidation of the Trust Account in accordance with the provisions of Section 1(j) hereof, and
distributed the Property in 

  

 5 

 
accordance with the provisions of the Termination Letter, this Agreement shall terminate except with respect to Section 3(b). 
 6. Miscellaneous. 
 (a) The Company and the Trustee
each acknowledge that the Trustee will follow the security procedures set forth below with respect to funds transferred from the Trust Account. Upon receipt of written instructions, the Trustee will confirm such instructions with an Authorized
Individual at an Authorized Telephone Number listed on the attached Exhibit D. The Company and the Trustee will each restrict access to confidential information relating to such security procedures to authorized persons. Each party must notify the
other party immediately if it has reason to believe unauthorized persons may have obtained access to such information, or of any change in its authorized personnel. In executing funds transfers, the Trustee will rely upon account numbers or other
identifying numbers of a beneficiary, beneficiary’s bank or intermediary bank, rather than names. The Trustee shall not be liable for any loss, liability or expense resulting from any error in an account number or other identifying number,
provided it has accurately transmitted the numbers provided. 
 (b) This Agreement shall be governed by and construed and enforced in
accordance with the laws of the State of New York, without giving effect to conflict of laws. 
 (c) This Agreement may be executed in any
number of counterparts and each of such counterparts shall for all purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument. 
 (d) This Agreement contains the entire agreement and understanding of the parties hereto with respect to the subject matter hereof. The parties hereto
may change, waive, amend or modify any provision contained herein that may be defective or inconsistent with any other provision contained herein only upon the written consent of each of the parties hereto; provided that such action shall not
materially adversely affect the interests of the Public Stockholders. Any other change, waiver, amendment or modification to this Agreement shall be subject to approval by a majority of the Public Stockholders. As to any claim, cross-claim or
counterclaim in any way relating to this Agreement, each party waives the right to trial by jury. 
 (e) The parties hereto consent to the
jurisdiction and venue of any state or federal court located in the City of New York for purposes of resolving any disputes hereunder. 
 (f)
Any notice, consent or request to be given in connection with any of the terms or provisions of this Agreement shall be in writing and shall be sent by express mail or similar private courier service, by certified mail (return receipt requested), by
hand delivery or by facsimile transmission: 
 if to the Trustee, to: 
 Continental Stock Transfer & Trust Company 
 17 Battery Place 
 8th Floor 
 New York, New York 10004 
 Attn: Frank Di Paolo, CFO 
 Fax: (212) 616-7620 
  

 6 

 if to the Company, to: 
 Trans-India Acquisition Corporation 
 300 South Wacker Drive 
 Suite 1000 
 Chicago, Illinois 60606 
 Attn: Bobba Venkatadri, CEO 
 Fax: (312) 922-9283 
 with a copy to: 
 Hayden Bergman Rooney 
 Professional Corporation 
 150 Post Street, Suite 650 
 San Francisco, California 94108 
 Attn: Kevin K. Rooney, Esq. 
 Fax: (415) 399-9320 
 in either case with a copy on behalf of the Representatives to: 
 I-Bankers Securities, Inc.

 125 E. John Carpenter Freeway, Suite 260 
 Irving, TX 75062 
 Attn: Shelly Gluck, President 
 Fax: (214) 687-0023 
 with a copy to: 
 Dilworth Paxson LLP 
 1133 Connecticut Avenue N.W. Suite 620 
 Washington, DC 20036 
 Attn: Kathleen Cerveny, Esq. 
 Fax: (202) 452-0930 
 (g) This Agreement may not be assigned by the Trustee without the prior consent of the Company. This agreement may be assigned by the Company to a
wholly-owned subsidiary of the Company upon written notice to the Trustee. 
 (h) The Section headings herein are for convenience only and
are not part of this Agreement and shall not affect the interpretation thereof. 
 (i) Each of the Trustee and the Company hereby represents
that it has the full right and power and has been duly authorized to enter into this Agreement and to perform its respective obligations as contemplated hereunder. The Trustee acknowledges and agrees that it shall not make any claims or proceed
against the Trust Account, including by way of set-off, and shall not be entitled to any part of the Property under any circumstance. 
  

 7 

 (j) The Trustee hereby consents to the inclusion of Continental Stock Transfer & Trust Company
in the Registration Statement and other materials relating to the IPO. 
 [Remainder of Page Intentionally Left Blank] 
  

 8 

 IN WITNESS WHEREOF, the parties have duly executed this Investment Management Trust Agreement as of the
date first written above. 
  

			
	 CONTINENTAL STOCK TRANSFER
 & TRUST COMPANY

		
	 By:
	 	  
		 	 Name: Steven Nelson

		 	 Title:   Chairman

	
	 TRANS-INDIA ACQUISITION CORPORATION

		
	 By:
	 	  
		 	 Name: Bobba Venkatadri

		 	 Title:   Chief Executive Officer

  
 [Signature Page to
Investment Management Trust Agreement] 
  

 9 

 EXHIBIT A 
 [LETTERHEAD OF COMPANY] 
 [INSERT DATE] 
 Continental Stock Transfer & Trust Company 
 17 Battery Place 
 8th Floor 
 New York, New York 10004 

	Attn:	Steven Nelson, President 

  

	Re:	Trust Account No. [                    ] 

	    	Termination Letter 

 Gentlemen: 
 Pursuant to Section 1(i) of the Investment Management Trust Agreement between Trans-India Acquisition Corporation (the “Company”) and
Continental Stock Transfer & Trust Company (the “Trustee”), dated as of                     , 2007 (the “Trust
Agreement”), this is to advise you that the Company has entered into an agreement (“Business Agreement”) with
                     (the “Target Business”) to consummate a business combination transaction with Target Business (a “Business
Combination”) on or about                     . The Company shall notify you at least 48 hours in advance of the actual date of the
consummation of the Business Combination (the “Consummation Date”). Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Trust Agreement. 
 In accordance with the terms of the Trust Agreement, we hereby authorize you to commence liquidation of the Trust Account to the effect that, on the
Consummation Date, all of funds held in the Trust Account will be immediately available for transfer to the account or accounts that the Company shall direct in writing on the Consummation Date. 
 On the Consummation Date (i) counsel for the Company shall deliver to you written notification that the Business Combination has been consummated
(the “Counsel Letter”) and (ii) the Company shall deliver to you written instructions with respect to the transfer of the funds held in the Trust Account which shall have been approved in writing by I-Bankers Securities, Inc. (the
“Instruction Letter”), including but not limited to (a) the funds to be delivered to any Public Stockholder that has properly exercised conversion rights (as described in the Registration Statement), (b) the Escrowed Fees to be delivered
to the Representatives on behalf of the underwriters together with interest thereon less $0.32 for each share converted to cash by Public Stockholders, and (c) the remaining funds to the account or accounts of the Company. You are hereby directed
and authorized to disburse the funds held in the Trust Account immediately upon your receipt of both the Counsel Letter and the Instruction Letter. In the event that certain deposits held in the Trust Account may not be liquidated by the
Consummation Date without penalty, you will notify the Company of the same and the Company shall direct you as to whether such funds should remain in the Trust Account and distributed after the Consummation Date to the Company. Upon the distribution
of all the funds in the Trust Account pursuant to the terms hereof, the Trust Agreement shall be terminated. 
 In the event that the
Business Combination is not consummated on the Consummation Date described in the notice thereof and we have not notified you on or before the original Consummation Date of a new Consummation Date, then the funds held in the Trust Account shall be
reinvested as provided in the Trust Agreement on the business day immediately following the Consummation Date as set forth in the notice. 

			
	 Very truly yours,

	
	 TRANS-INDIA ACQUISITION CORPORATION

		
	 By:
	 	  
	 Name:
	 	 Bobba Venkatadri

	 Title:
	 	 Chief Executive Officer

 Approved: 
  

			
	I-BANKERS SECURITIES, INC.
		
	By:	 	  
	 Name:
	 	 Shelley Gluck

	 Title:
	 	 President

 EXHIBIT B 
 [LETTERHEAD OF COMPANY] 
 [INSERT DATE] 
 Continental Stock Transfer & Trust Company 
 17 Battery Place 
 8th Floor 
 New York, New York 10004 

	Attn:	Frank Di Paolo, CFO 

  

	Re:	Trust Account No. [                    ] 

	    	Termination Letter 

 Gentlemen: 
 Pursuant to paragraph 1(i) of the Investment Management Trust Agreement between Trans-India Acquisition Corporation (the “Company”) and
Continental Stock Transfer & Trust Company (the “Trustee”), dated as of                     , 2007 (the “Trust
Agreement”), this is to advise you that the Company has been dissolved due to the Company’s inability to effect a business combination transaction within the time frame specified in the Company’s prospectus relating to its IPO. The
Company has obtained approval of its plan of liquidation by its stockholders as required by Delaware law. Attached hereto is a certified copy of the Certificate of Dissolution as filed with the Delaware Secretary of State along with the oath and
report of the inspector of elections with respect to such stockholder vote and a copy of the plan of liquidation, as so approved. Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Trust Agreement.

 In accordance with the terms of the Trust Agreement, we hereby authorize you to commence liquidation of the Trust Account. You will notify
the Company and                      (the “Designated Paying Agent”) in writing as to when all of the funds in the Trust Account
will be available for immediate transfer (the “Transfer Date”). The Designated Paying Agent shall thereafter notify you as to the account or accounts of the Designated Paying Agent that the funds in the Trust Account should be transferred
to on the Transfer Date so that the Designated Paying Agent may commence distribution of such funds in accordance with the Company’s instructions including (a) the funds to be delivered to any Public Stockholder that has properly exercised
conversion rights (as described in the Registration Statement) and (b) the remaining funds in accordance with the Company’s Amended and Restated Certificate of Incorporation. You shall have no obligation to oversee the Designated Paying
Agent’s distribution of the funds. Upon the payment to the Designated Paying Agent of all the funds in the Trust Account, the Trust Agreement shall terminate in accordance with the terms thereof. 
  

			
	 Very truly yours,

	
	 TRANS-INDIA ACQUISITION CORPORATION

		
	 By:
	 	  
	 Name:
	 	 Bobba Venkatadri

	 Title:
	 	 Chief Executive Officer

 EXHIBIT C 
 [LETTERHEAD OF COMPANY] 
 [INSERT DATE] 
 Continental Stock Transfer & Trust Company 
 17 Battery Place 
 New York, New York 10004 

	Attn:	[                        ] 

  

	Re:	Trust Account No. [                    ] — Distribution of Income on
Property 

 Gentlemen: 
 Pursuant to Section 2(b) of the Investment Management Trust Agreement between Trans-India Acquisition Corporation (the “Company”) and Continental Stock Transfer & Trust Company
(“Trustee”), dated as of                     , 2007 (the “Trust Agreement”), we are requesting for payment of taxes and/or
working capital purposes that you deliver to us $                     representing income earned on the Property from
                     to
                    . In accordance with the terms of the Trust Agreement, you are hereby directed and authorized to transfer said amount,
less any fees due the Trustee pursuant to Section 3(c) of the Trust Agreement, immediately upon your receipt of this letter to the Company’s operating account at: 
  

			
	Bank:	  	[                    ]
	ABA #:	  	[                    ]
	Account Name:	  	                      .
	Account Number:	  	[                    ]
	Reference:	  	 Distribution of Income Earned on Trust Property;
 or
Income Tax Payment Amount

  

			
	 Very truly yours,

	
	 TRANS-INDIA ACQUISITION CORPORATION

		
	 By:
	 	  
	 Name:
	 	 Bobba Venkatadri

	 Title:
	 	 Chief Executive Officer

 EXHIBIT D 
 AUTHORIZED INDIVIDUAL(S) AND TELEPHONE NUMBERS 
 AUTHORIZED FOR TELEPHONE CALL BACK 

 

			
	COMPANY:	  	 Trans-India Acquisition Corporation
 300 South Wacker Drive
 Suite 1000
 Chicago, Illinois 60606
 Attn: Bobba Venkatadri, Chief Executive Officer
 Telephone: (312) 922-1980

		
	TRUSTEE:	  	 Continental Stock Transfer & Trust Company
 17
Battery Place
 8th
Floor
 New York, New York 10004
 Attn: Steven Nelson,
President
 Telephone: (212) 845-3202

 SCHEDULE A 
 Schedule of fees pursuant to Section 3(c) of Investment Management Trust Agreement 
 between Trans-India
Acquisition Corporation and 
 Continental Stock Transfer & Trust Company 
  

						
	 Fee Item
	  	 Time and method of payment
	  	Amount
	Initial acceptance fee	  	Initial closing of IPO by wire transfer	  	$	1,000
	Annual fee	  	First year, initial closing of IPO by wire transfer; thereafter on the anniversary of the effective date of the IPO by wire transfer or check	  	$	3,000
	Transaction processing fee for disbursements to Company under Sections 2(a) and 2(b)	  	Deduction by Trustee from disbursement made to Company under Section 2(b)	  	$	250

  

									
		 		 	 Agreed:

	 Dated:
                    , 2007
	 		 	
		 		 	 TRANS-INDIA ACQUISITION CORPORATION

					
		 		 		 	 By:
	 	  
		 		 		 		 	 Authorized Officer

			
		 		 	 CONTINENTAL STOCK TRANSFER & TRUST CO.

					
		 		 		 	 By:
	 	  
		 		 		 		 	 Authorized Officer

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