the lease financing facilities of OMR 300,000 sanctioned in principle by Muscat Finance SAOG), Sultanate of Oman, to Simplex LLC he accepted on the terms and conditions be mutually agreed by and between Simplex LLC and Muscat Finance and a Corporate guarantee as per draft placed before the Committee be issued in favour of Muscat Finance (SAOG). sultanate of Oman, for an amount not exceeding OMR 300,000 (Three hundred thousand only) '(equivalent to INR 5,16,94,800 approximately at the prevailing exchange rate of INR 172.316 per unit of OMR and that Mr. Rajiv Mundhra and Mr. S. Dutta. Directors of the Company be and are hereby authorized severally to execute the Corporate Guarantee and facility documents on behalf of the Company and that the Common Seal of the Company, if required, be affixed on the documents and Corporate Guarantee either by Rajiv Mundhra or Mr. S. Dutta, Directors and Mr. B.L. Bajoria, Sr. Vice President and Company Secretary who shall sign the same in token thereof;