Board resolution, transfer of unpaid dividend and the underlying shares to the IEPF

Certified true copy of the resolution passed at the meeting of the Board of Directors of [ABC Private Limited] held on [Date of the board meeting]

TRANSFER OF UNPAID AND UNCLAIMED DIVIDEND AND THE UNDERLYING SHARES TO THE INVESTOR EDUCATION AND PROTECTION FUND

The Chairman informed the Board that the dividend declared for the financial year [20__-__] and transferred to the Unpaid Dividend Account of the Company on [DD.MM.YYYY] has remained unpaid and unclaimed for a period of seven years from the date of that transfer, and that a sum of [Rs ____ (Rupees ____ only)], together with the interest accrued thereon of [Interest accrued on the unpaid dividend (Rs)], is accordingly required to be transferred to the Investor Education and Protection Fund under Section 124(5) of the Companies Act, 2013. He further informed the Board that [Number of equity shares to be transferred to the IEPF] equity shares of the Company held by [Number of members whose shares are to be transferred] Members, in respect of which the dividend has not been paid or claimed for seven consecutive years or more, are required to be transferred to the Fund under Section 124(6) of the said Act.