Special resolution, issue of redeemable preference shares, with the full commercial terms

Certified true copy of the special resolution passed at the extraordinary general meeting of the Members of [ABC Private Limited] held on [Date of the extraordinary general meeting] at [Time of the extraordinary general meeting] at [Venue of the extraordinary general meeting]

ISSUE OF REDEEMABLE PREFERENCE SHARES ON A PRIVATE PLACEMENT BASIS

“RESOLVED THAT pursuant to the provisions of Sections 42, 55, 62(1)(c) and all other applicable provisions, if any, of the Companies Act, 2013 and the rules made thereunder including Rule 9 and Rule 13 of the Companies (Share Capital and Debentures) Rules, 2014 and Rule 14 of the Companies (Prospectus and Allotment of Securities) Rules, 2014 (including any statutory modification or re-enactment thereof for the time being in force), and subject to the provisions of the memorandum and articles of association of the Company and to such approvals, consents, permissions and sanctions as may be necessary, the consent of the Members be and is hereby accorded to the Board of Directors of the Company to create, offer, issue and allot [Number of preference shares] [rate]% redeemable preference shares of the face value of Rs [Face value per preference share (Rs)] each, at an issue price of Rs [Issue price per preference share (Rs)] per share (including a premium of Rs [Premium per share on issue (Rs)] per share), aggregating Rs [Total amount to be raised (Rs)], on a private placement basis, to [name(s) of the identified person(s)], on the following terms and conditions: