Secs. 55 to 60 - Appointment of Lead Managers and Co-managers - Board Resolution;Secs. 55 to 60 - Appointment of Lead Managers and Co-managers - Board Resolution;

Secs. 55 to 60 - Appointment of Lead Managers and Co-managers - Board Resolution;

RESOLVED that…………..be and are hereby appointed as Lead managers to the proposed issue of ………… Equity shares and are hereby appointed as Co-managers to the said issue.

further RESOLVED that the memorandum of understanding (MOU) between the Company and the abovementioned Lead Managers (draft whereof tabled before the meeting and initialed by Chairman) be and is hereby approved.

further RESOLVED that Shri………… Managing Director of the Company and Shri………….. Secretary of the company be and are hereby jointly authorized to enter into the said memorandum of understanding (MOU) on behalf of the company with the said Lead Managers and to affix the common seal of the company thereon.