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Shareholder Meeting -EGM On March 07Th, 2018.

| Updated on February 12, 2018 Published on February 12, 2018

1. CONSENT OF SHAREHOLDERS TO APPROVE BORROWING LIMITS OF THE COMPANY UNDER SECTION 180 (1) (C) OF COMPANIES ACT, 2013:

To consider and, if thought fit, to pass, with or without modification(s), the following resolution as a Special Resolution:

"RESOLVED THAT pursuant to the provisions of Section 180(1)(c) of the Companies Act, 2013, rules made thereunder (including any statutory modification or re-enactment thereof) and other applicable provisions, if any, the approval of the members be and is hereby accorded to borrow money from time to time, any sum or sums of money(ies) which together with monies already borrowed by the Company apart from temporary loans obtained or to be obtained from the Companys bankers in the ordinary course of business, exceeding the aggregate of paid-up share capital of the Company and its free reserves, provided that the total amount so borrowed by the Board shall not at any time exceed Rs. 4,25,00,000 ( Four crore twenty five lakh only)."

"RESOLVED FURTHER THAT the Board be and is hereby authorised and empowered to delegate the power to borrow, arrange or settle the terms and conditions on which all such monies are to be borrowed from time to time as to interest, repayment, security or otherwise howsoever as it may think fit and to all other acts, deeds, matters and things as may be deemed necessary and incidental for giving effect to this resolution, including execution of all such documents, instruments and writings, as may be required."

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Source : BSE - www.bseindia.com

Published on February 12, 2018
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