AGREEMENT OF ASSOCIATION OF PERSONS

This Agreement of Association of Persons executed on this 06 th day

of April 2016 by and between.

1. Mr. Manoj Kapurchand Kala

Age : 43 Years, Occ.: Profession

R/o : Row house no 16, Chandraguptanagari, Behind Chankyapuri,

Garkheda, Aurangabad.

PAN :

( Hereinafter called as First member )

2.Mr. Narendra S/o Laljibhai Ghelani,

Age :53 Years, Occ. : Business,
R/o.: 26, Taksh Banglo,
Vasva Road, Vadodara
Pan No-ABRPP0267A
( Hereinafter called as Second member )

3.Mr. Vishitbhai S/o Ravjibhai Ghelani,

Age :41 Years, Occ. : Business,
R/o.: Nathshree, C1, Pride Galaxy
Paithan Road, Itkheda, Aurangabad
Pan No-AHIPG8523H
( Hereinafter called as Third member )

AND

4.Mr. Amogh Abhaykumar Yambal

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Hereinafter called as Fourth member )

Whereas the above named parties have decided to form an ASSOCIATION OF

PERSONS (AOP) w.e.f.

06 th day of April 2016 for development and construction of project at

land jointly owned at Open Plot No. 01 admeasuring 1558.90 Sq.Mt. forming
part of Survey No. 03/P, Mustafabad, Aurangabad

AND Whereas it is necessary to reduce into writing the terms and

conditions for the above AOP known as Auracon Ventures.

We the parties aforesaid do hereby of our freewill and consent agree to and
conform as under:

1.That the parties mentioned hereinbefore are the co-owners of plot situated
at Plot No. 01 admeasuring 1558.90 Sq.Mt. forming part of Survey No. 03/P,
Mustafabad, Aurangabad ---------- through sale deed-----------------------in the
ratio

2.ANDWHEREAS theco-owners and possessors of the above plot and now

they decided to develop and construct commercial or residential building at
said plot.

3.That the above named Parties has decided to form an AOP known as
Auracon Ventures for carrying on the business of builders and developers
on said plot in the name of AOP with its Principal place of business at Plot No.
01. Survey No. 03/P, Mustafabad, Aurangabad So for the purpose they will
bring this land in AOP for the purpose of development.

3. That the AOP shall run the business of civil construction and development
in the name of AOP i.e. Auracon Ventures. The business activities may be
extended to other transaction with the mutual consent of all the parties.
4. That the financial year of the firm shall be from 1st April to 31st March
every year.

5. That the duration of the AOP shall be limited to Activities of this project
only. And AOP should cease to exist on sales of project.

6. That a bank A/c shall be opened in any Scheduled or Co-operative Bank or

Banks as the parties may decide in joint name of the parties and/or in the
name of AOP and the same shall be operated jointly and/or severally by all
the parties as decided among them.

7. That all the parties have a right to look after day-to-day work and
activities of business.

8. That all of the parties have an authority to look after and manage the
business of AOP fruitfully in the interest of AOP, borrow Money, take loans
form Bank or parties, to sign document, to enter into any business contracts
and so other activities which required for smooth running of the AOP with the
greatest interest of the business activities carried over by the said Auracon
Ventures.

9. That all or any one of the parties shall sign any agreement, document etc.
as and when require on behalf of the AOP.

9. That at the end of the year the profit or loss of the A.O.P. shall be
distributed among the members in the ratio as below.

1. Mr. Manoj Kapurchand Kala

2.Mr. Narendra S/o Laljibhai Ghelani,

 In witness whereof we the parties have signed this Agreement of Association
of Person on this 06 th day of April 2016 in the presence of the following
witness.

Witness:
Members of AOP

1. Mr. Manoj Kapurchand

Kala

2.Mr. Narendra S/o Laljibhai Ghelani,