Board resolution, completion of the buy-back, extinguishment of the securities and creation of the Capital Redemption Reserve

Certified true copy of the resolutions passed at the meeting of the Board of Directors of [ABC Private Limited] held on [Date of the Board meeting recording completion] — to be held within seven days of the last date of completion of the buy-back

COMPLETION OF THE BUY-BACK OF EQUITY SHARES, EXTINGUISHMENT AND PHYSICAL DESTRUCTION OF THE SECURITIES AND TRANSFER TO THE CAPITAL REDEMPTION RESERVE ACCOUNT

The Chairman reported to the Board that the offer for buy-back of [Number of shares offered for buy-back] equity shares of the Company at Rs [Buy-back price per share (Rs)] per share, made pursuant to the [Board resolution dated ____ / special resolution passed at the extraordinary general meeting held on ____], opened on [Date the offer opened] and closed on [Date the offer closed]; that valid tenders were received in respect of [Number of shares validly tendered] equity shares from [Number of Members who tendered] Members; that the verification of the offers received was completed on [Date verification of offers was completed], being within fifteen days of the closure of the offer; that [the offer was subscribed to the extent of ____% and acceptance was accordingly made on a proportionate basis / all the shares validly tendered were accepted]; and that the consideration aggregating Rs [Consideration paid (Rs)] was paid in cash out of the separate bank account opened for the purpose, and the share certificates in respect of the shares not accepted were returned, on [Date consideration paid and unaccepted certificates returned], being within seven days of the completion of the verification.