Board resolution, annual confirmation of unregistered CIC status

Certified true copy of the resolution passed by the Board of Directors of [Name of the company] at its meeting held on [Date of the board meeting]

"RESOLVED THAT the Board has considered the assessment note dated [Date of the CIC assessment note] on the Company's status under the Reserve Bank of India (Core Investment Companies) Directions, 2025 based on the audited balance sheet as at [31.03.YYYY], and records that:

1. the Company holds [Investments and loans in group companies as % of net assets]% of its net assets in investments in and loans to group companies and [Equity in group companies as % of net assets]% of its net assets in equity shares (including instruments compulsorily convertible into equity within ten years) of group companies;

2. the Company has not traded in its investments in group companies except by way of block sale for dilution or disinvestment, and has not carried on any financial activity other than investment in bank deposits, money market instruments, government securities and bonds or debentures of group companies, loans to group companies and guarantees on behalf of group companies;

3. the asset size of the Company is Rs [Company's asset size (Rs crore)] crore and the aggregate asset size of all Core Investment Companies in the group is Rs [Aggregate asset size of CICs in the group (Rs crore)] crore; and

4. [the aggregate asset size is below Rs 100 crore / the Company has not raised or held public funds, directly or indirectly, during the year];