H&F Ironman Limited   (HK Ironman):

• IGC owns 100% of HK Ironman
  
• HK Ironman owns 95% of PRC Ironman
  
• PRC Ironman Incorporated in 2008; located in Linxi, China
  
• refines low-grade ore to high-grade ore of 65-67%
  
• Operate an iron ore beneficiation plant of 2.2 square kilometers with iron ore deposits of well over 3 million tons.
  

• IGC owns 77% of TBL
  
• Engages in national infrastructure development in India: roads, tunnels, canals, etc.
  
• Incorporated in 1982; located in Kerala, India
  
• Impressive list of clientele includes: National Highway Authority of India and Indian Railroad
  

• IGC owns 100% of IMT
  
• Exports iron ore to China from India
  
• Operate 2 shipping hubs - Krishnapatnam port (east coast of India) and Goa port (west coast of India)
  
• Operate an ore grinder in Goa - crush 10mm ore into fine ore, value add service
  
• Operate using back to back Letters of Credit
  
• Incorporated in 2009; located in Chennai, India
  

• IGC owns 100% of LPL
  
• Engages in logistics, transport and delivery of ore, cement, aggregate and other material
  
• Incorporated in 2009; located in Nagpur, India
  

• IGC owns 100% of MPL
  
• Engages in mining, quarrying, and trading of rock aggregate for the infrastructure industry
  
• Services and sources numerous quarries throughout India, buys and sell rock aggregate for infrastructure industries
  
• Supply cement, brick and construction materials through agency agreements
  
• Rock aggregate is used for road construction, power plants, railroads and dams
  
• Incorporated in 2009; located in Nagpur, India