BHAGWATI DEVCON PRIVATE LIMITED

19, R.N. MUKHERJEE ROAD KOLKATA – 70001

CIN : U45400WB2008PTC122697
Extracts of minutes of the meeting of Board of Directors of BHAGWATI DEVCON PRIVATE
LIMITED., held at the Registered office of the Company at 19, R.N. Mukherjee Road, Kolkata –
700001 on Friday, 5th September, 2014 at 11.00 a.m.

Approval of Annual Accounts for the financial Year ended 31 st March, 2014

The draft Annual Accounts for the financial year ended 31 st March, 2014 as circulated among
the members of the Board and the matter arising thereof from were discussed at length and
thereafter the Board passed the following resolution:

“Resolved that in terms of subsection (3) of section 179 of the Companies Act, 2013, the
Balance Sheet as at 31st March,2014 and the statement of Profit & Loss for the year ended as
on that date together with the Notes and Annexure appended thereto as circulated among the
member of the Board be and are hereby considered adopted and approved.”

Resolved further that Mr. Madan Lal Agarwala and Mrs. Chanda Devi Jajodia Directors be and
are hereby authorized to sign th Annual Accounts on behalf of the Board and same be sent to
the Auditors for their report thereon.”

Approval of Directors’ Report for the year 2013-14

The draft Directors Report to the member was placed before the Board for its consideration
and approval. The Board of Director after due deliberations, passed the following resolution:

“Resolved that in term of subsection (3) of Section 179 of the Companies Act, 2013, the draft
Directors Report for the year 2013-14 as placed on the table of the meeting be and hereby
considered and approved.”

“ Resolved futher that Mr. Madan Lal Agarwala and Mrs. Chanda Devi Jajodia Director of the
company be and are hereby authorized to sign the same on behalf of Board of Directors.”

For BHAGWATI DEVCON PRIVATE LIMITED

Director

Name : Madan Lal Agarwala

DIN : 01846942
Address : 8 , B.B.D. Bag East,
Kolkata - 700001