Declaration of Final Dividend at AGM – Ordinary Resolution

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

“RESOLVED THAT pursuant to the provisions of Section 123 and other applicable provisions, if any, of the Companies Act, 2013 and the Articles of Association of the Company, and as recommended by the Board of Directors, a final dividend of ₹[●] per equity share of ₹[●] each fully paid up ([●]%) for the financial year ended [●], aggregating ₹[●] (Rupees [●] only), be and is hereby declared out of the profits of the Company and be paid to the members whose names appear in the Register of Members, or in the records of the depositories as beneficial owners, as on [●].

RESOLVED FURTHER THAT [the interim dividend of ₹[●] per equity share paid on [●] be and is hereby confirmed, and] the final dividend shall be paid within thirty days from the date of this declaration, subject to deduction of tax at source under applicable income-tax law.

RESOLVED FURTHER THAT any Director and/or the Company Secretary of the Company be and is hereby severally authorised to deposit the amount of the dividend in a separate account with a scheduled bank within five days of this declaration, to make payment of the dividend and to do all such acts, deeds and things as may be necessary for giving effect to this resolution.”