ADDENDUM TO LEASE — CHANGE OF AREA OR RENT
This Addendum is made at Chandigarh on 3 April 2026
BETWEEN
Sethi Estates Private Limited, of House No. 1204, Sector 33-C, Chandigarh 160020, acting through Harpreet Kaur Sethi, Director, authorised by board resolution dated 4 March 2026, PAN AABCS1234K, GSTIN 03AABCS1234K1ZQ (the "Lessor", which expression includes the Lessor's successors in title and permitted assigns);
AND
Northline Analytics Private Limited, of Plot No. 8, Phase 8-B, Industrial Area, S.A.S. Nagar (Mohali) 160055, acting through Rohit Nair, Director, authorised by board resolution dated 6 March 2026, PAN AAECN5678L (the "Lessee", which expression includes the Lessee's successors and permitted assigns).
The Lessor and the Lessee are together the "Parties" and each a "Party".
RECITALS
A. By a lease dated 1 April 2026 (the "Lease"), the Lessor demised to the Lessee the premises described as: Unit 305, Third Floor, Tower B, Bestech Business Tower, Plot No. C-2, Sector 66, S.A.S. Nagar (Mohali) (the "Premises"), situated within the State of Punjab. The Lease is registered as follows: Document No. 2214/2022, Book I, registered on 5 April 2022 at the office of the Sub-Registrar, S.A.S. Nagar (Mohali).
B. The Premises presently comprise 2,400 square feet, and the rent presently payable under the Lease is ₹3,60,000 (Rupees Three Lakh Sixty Thousand only) per month. Unless sooner determined, the term of the Lease expires on 4 April 2026. The Lease is subsisting and neither Party has served notice to determine it.
C. The Parties have agreed to vary the Lease as recorded in clause 2 below, and are executing this Addendum to record that variation, the date from which it takes effect, and to confirm that the Lease otherwise continues unchanged.
NOW THIS ADDENDUM WITNESSES as follows.
- DEFINITIONS AND INTERPRETATION
1.1 Words and expressions defined in the Lease have the same meaning in this Addendum unless this Addendum provides otherwise.
1.2 This Addendum is supplemental to the Lease and forms part of it. From the Effective Date, references in the Lease to "this Lease" are to be read as references to the Lease as varied by this Addendum.
1.3 "Effective Date" means 2 April 2026. "Term" means the term of the Lease.
1.4 If there is any conflict between this Addendum and the Lease on the subject of the area of the Premises or the rent payable for them, this Addendum prevails. On every other subject, the Lease prevails.
- THE CHANGE