April 16, 2014 Mr. Nitin A. Shirgurkar (Email: nitin@nascomail.com) Managing Director (MD) NASCO Group (NASCO India Builders; NASCO India Developers; NIEVO Spaces) Marcus Building 59 (194) Crescent Cross Nandidurga Road Bangalore 560 046 Karnataka State India Subject: Amazing Experience! Dear Mr. Nitin A. Shirgurkar, Please allow me to thank you for the Amazing Experience I experienced while working for your Group from March 15, 2011 to January 21, 2014. And here are some of the Amazing Facts from this period:

1) To help you, I extended Rupees 300,000 Sundry Credit from my personal finances into Kanakapura and Haroballe projects because you did not send me petty cash to run the projects! Managing projects without petty cash is unheard-of in the global projects profession. No NASCO Group employee has extended such credit to you, especially in a foreign land. For this good deed you never thanked me even once, and instead punished me by refusing to return this money even after 400 days! This action is devoid of all and any professional and civilized courtesies. Amazing!

2) To finally resolve my Sundry Credit balance, you instructed your employees to obtain from me in writing that this financial matter has been resolved. But, again under your instructions, I was being given two checks back-dated by one year! As you well know, in India any checks older than six months are null and void. Why this jiggery-pokery from an MD? And that too for helping your NASCO Group? Amazing!

3) Yet you sent petty cash weekly by the lakhs (1 Lakh = 100,000) to other employees for projects. Many of these employees, who do not know how to manage and/or handle money, simply absconded with the cash! Just think of Mr. Chandrik (Cyrus Mistry of NASCO), Mr. Nandu Patil, Mr. Bajrang Kadolikar and others. But as an MD you never took any action against them and they got away with it. Amazing!

4) You deduct penalties from employee wages of 1.5% per day for delaying paperwork beyond three days. This five minutes matter of my sundry credit was delayed beyond 400 days by you. What happened to your own work rules and work ethics? Amazing!

5) Rupees 80,000 worth of steel was stolen from the Haroballe project site. You were advised by others to hire a lawyer to settle this matter because Kohri was not qualified enough. But all the steel was returned after I settled these shenanigans through the Sathanur Police Station without spending a single Rupee! You are well aware of the moral ethics in the local law enforcement system. Yet you never appreciated all the legal fees and the police fees saved, nor the tough problem resolved. This is the most ungrateful and peculiar response from an MD. Amazing!

6) Construction steel scrap from our Kanakapura project sites was being stolen piece by piece. So I collected and sold this steel scrap and put Rupees 45,000 into the NASCO Group accounts. This is for the very first time in NASCO that the residual value of the steel scrap was salvaged. Just ask NASCO Accounts. Yet you accuse me of doing nothing for the company. Amazing!

7) For small exigencies such as medical treatment for laborers and/or their children; or tea and biscuits for laborers (as small reward for good work); or socks for laborers; or BESCOM service charges; or even daily rations for laborers, I bore the costs personally in the interest of projects progress. Up to now, not a single NASCO Group employee has done this. The total costs of these expenses exceeds my Rupees 17,000 in residual salary that you are trying to put into your own pocket. Amazing!

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