Part 2

Confirmation of Information Accuracy

The Company having carefully, reviewed the information contained in this
Annual Registration Statement, hereby certify that the said information
is accurate, complete and true, is not misleading and does not omit any
material information which is required to be disclosed and false or
that:

  (1) The financial statements and financial information forming a part
  hereof contain accurate and complete material information in respect
  of the financial condition, results of operations and cash flows of
  the Company and its subsidiaries;

  (2) The Company is responsible for arranging for an effective
  disclosure system to assure that the Company properly and completely
  discloses the material information of the Company and its
  subsidiaries, and shall be responsible for monitoring to ensure
  compliance with such system;

  (3) The Company is responsible for arranging for an effective internal
  controls and monitoring them to ensure compliance with such system,
  and the Company has reported the information as of 31 December 2011
  relating to the internal control, including the deficiency and
  material change of the internal control that may affect preparation of
  financial reports of the Company and its subsidiaries, to the auditor
  and Audit Committee.

As evidence that all documents are the same set of documents that the
Company has reviewed and there is no reasonable ground to suspect that
the said information is inaccurate, incomplete, false, misleading or
that it omits any substantial matters which are required to be reported,
The Company assigned Mr. Ashok Jain to initial all pages hereof. If any
pages do not have the initials of Mr. Ashok Jain indicated, it shall be
deemed that the Company has not reviewed the aforesaid information.

+---+-----+-----------------+--------------------+----------------+----+
|   |     |   Name          | Position           | Signature      |    |
+===+=====+=================+====================+================+====+
|   |     |                 |                    |                |    |
+---+-----+-----------------+--------------------+----------------+----+
|   |     | Mr. Aloke Lohia | Vice Chairman and  | Aloke Lohia    |    |
|   |     |                 | Group Chief        |                |    |
|   |     |                 | Executive Officer  | ------         |    |
|   |     |                 |                    | -------------- |    |
|   |     |                 |                    | -------------- |    |
+---+-----+-----------------+--------------------+----------------+----+
|   |     |                 |                    |                |    |
+---+-----+-----------------+--------------------+----------------+----+
|   |     | Mr. Sashi       | Director and       | Sashi Prakash  |    |
|   |     | Prakash Khaitan | President of the   | Khaitan        |    |
|   |     |                 | Wool Business      |                |    |
|   |     |                 |                    | ------         |    |
|   |     |                 |                    | -------------- |    |
|   |     |                 |                    | -------------- |    |
+---+-----+-----------------+--------------------+----------------+----+
|   |     |                 |                    |                |    |
+---+-----+-----------------+--------------------+----------------+----+
|   | Pr  | Mr. Ashok Jain  | Joint Vice         | Ashok Jain     |    |
|   | oxy |                 | President of       |                |    |
|   |     |                 |                    | ------         |    |
|   |     |                 | Corporate Finance  | -------------- |    |
|   |     |                 |                    | -------------- |    |
+---+-----+-----------------+--------------------+----------------+----+