UNITED STATES DISTRICT COURT DISTRICT OF MARYLAND ...

1 UNITED STATES DISTRICT COURT DISTRICT OF MARYLAND (Southern Division) ALDE-BINET TCHATCHOU, Individually and on Behalf of All Others Similarly Situated, Plaintiff, vs. INDIA GLOBALIZATION CAPITAL, INC., et al., Defendants. ) ) ) ) ) ) ) ) ) ) ) No. 8:18-cv-03396-PWG Judge Paul W. Grimm notice OF PENDENCY AND PROPOSED settlement OF SECURITIES CLASS ACTION If you purchased or otherwise acquired the publicly traded common stock of India Globalization Capital, Inc. ( IGC or the Company ) during the period between September 26, 2018 and October 26, 2018, both dates inclusive ( settlement Class Period ), you could get a payment from a class action settlement ( settlement ), and your rights may otherwise be affected by the settlement . A federal COURT has authorized this notice . This is not attorney advertising. If approved by the COURT , the settlement will provide $1,000,000 ( settlement Amount ), plus interest as it accrues, minus attorneys fees, costs, administrative expenses, and Award to Plaintiffs, net of any taxes on interest, to pay claims of investors who purchased IGC common stock during the settlement Class Period.

(“Settlement”), and your rights may otherwise be affected by the Settlement. A federal court has authorized this Notice. This is not attorney advertising. • If approved by the Court, the Settlement will provide $1,000,000 (“Settlement Amount”), plus

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