Phone No.: 30767700 Fax No.: 24902363 PIRAMAL ESTATES PRIVATE LIMITED CIN: UITI00MH1999PTC122652 Regd.Office: Piramal Tower, I" Floor, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400 013, CERTIFIED TRUE COPY OF THE RESOLUTION PASSED BY THE BOARD OF DIRECTORS OF THE COMPANY ON 12™ JUNE, 2014 “RESOLVED THAT consent of the Board be and is hereby accorded to the proposal for acquiring, all the 50,070 equity shares of Rs. 10/- each of Flashnet Solutions Info (India) Limited from its existing members as per the list tabled at the meeting (and initialed by the Chairman for the purpose of identification) for a consideration not exceeding Rs. 10,000/- per share and other terms and conditions as may be agreed upon AND THAT Mr. Khusbru Jijina or Mr. Sunil Adukia, Authorised Representatives of the Company be and are hereby authorized to finalise, sign and execute all the agreements, deeds, documents, undertakings, writings and all such other documents as may be necessary in this regard and in general to do all such acts, deeds, matters and things as may be necessary for the purpose of giving effect to this resolution.” CERTIFIED TO BE TRUE Ae COMPANY SECRETARY