2. To enhance its ability to borrow through the improved networth of the company and consequently expand its fund based activities.

3. To meet the expenses of the proposed Issue, and

4. To get the shares of the company listed at the Stock Exchange.

Mr. G.S. Chawla (42) is the Managing Director and Promoter of the Company. He is looking after the day to day operation of the Company and especially, matters relating to finance and administration

Mr. G.S. Chawla graduated from Delhi University in 1972. Thereafter he worked in Ministry of Education and joined Canara Bank in 1974. He resigned from Canara Bank in 1982 as Office assistant and promoted Chawla Reprographics, a pannership firm, which is engaged in the activity to carry out the job work of Photostat, Electrostat, Ammonia Printing, Computer Printing, Typing, Binding and any other job work as may be required by customers. In 1983 he was admitted as a partner in Chawla Photostat, a partnership firm, which was formed to carry on the business of job work. Thereafter, he promoted JSG Leasing Limited in 1989, to carry on the business of Leasing/hire purchase. In 1993, he promoted AGR Exports, a partnership firm to carry out the business of export, import and trading of various items.

DIRECTORS

Mr. G.S. Chawla is ably assisted by a team of Board of Directors.

Mr. R.P.S. Chawla (40) is a graduate and has worked with various companies in different capacities after his graduation. He will be looking after the technical aspects of the Company including verification of equipments etc. He is also a partner in Chawla Photostat, Chawla Reprographics and AGR Exports.

Mr. A. S. Chawla (34) is a graduate and he is heading the marketing division of the Company. He is also a partner in Chawla Photostat, Chawla Reprographics and AGR Exports.

Other than the above Mr. Arun Khosla (43) and Mr. P.S. Kohli (45) are the other directors of the Company. Mr. Arun Khosla is practising advocate and Mr. P.S. Kohli is a member of Delhi Stock Exchange.

KEY MANAGERIAL PERSONNEL

Mr.V.K. Verma aged 46 years is a law graduate and a MBA. He worked as Senior Deputy Director with Institute of Productivity & Management for 10 years and had been financial consultant to Modi Group of Industries.

Mr. Y.K. Mehra aged 60 years (Company Secretary) is a fellow Chartered Management Accountants (England) and Associate Member of Company Secretary and cost & works Accountants of India. He has 20 years of experience in various industries at different position.

Mr. G.C.Lal Vashistha aged 37 years (Manager- Recovery Cell) is a MA and has an experience of 17 years in various capacities.

Mr. Somakumar Nair aged 30 years (Manager- Customer Relations) holds a diploma in Automobile Engineering and has a work experience of 10 years.

In addition the Company is in the process of identifying the right persons for its proposed activities.