Karnavati

Applicant Karnavati Holdings, Inc. is a Delaware corporation. Its principal place of business is 1209 Orange Street, Wilmington, DE 19801. Like Searles Valley Holdings, LLC, which it will succeed, Karnavati is a holding company of businesses that focus on mining, processing, marketing, and distributing soda ash, sodium sulfate and refined boron products and associated activities.

Karnavati is a wholly owned subsidiary of Nirma , Limited ("Nirma"), whose principal place of business is Nirma House, Ashram Road, Ahmedabad 380 009, Gujarat, India. Nirma is a publicly traded company in India and one of the largest manufacturers of soap and detergent products in India. It is vertically integrated and owns and operates soda ash mining operations and other industrial facilities in India.