1) Pari Passu Charge with Kotak Mahindra Bank (erstwhile Lakshmi Vilas Bank) on the factory lands at T.S.No. 92/2, ward No.E, Block -7, 63 pallapatty Village, itteri Road, Salem West Joint III Sub Reg Div, Salem Taluk, Salem District, belonging to B.S. Shanmugam admeasuring 0.95 acres boundaries of which are as follows. North of Kaialinga Udaiyar Property, South of Perumal Property, East of itteri Road, West of 16'0 Road