Special resolution, issue of CCPS, with Terms Schedule

Item no. [Item number in the EGM notice] of the notice of the Extraordinary General Meeting — to be passed as a Special Resolution

ISSUE OF COMPULSORILY CONVERTIBLE PREFERENCE SHARES ON A PRIVATE PLACEMENT BASIS

"RESOLVED THAT pursuant to the provisions of Sections 42, 55 and 62(1)(c) and all other applicable provisions of the Companies Act, 2013 read with Rules 9, 10 and 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), the Foreign Exchange Management (Non-debt Instruments) Rules, 2019, the provisions of the Memorandum and Articles of Association of the Company, and subject 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 up to [Number of CCPS to be issued] ([number in words]) Compulsorily Convertible Preference Shares of the face value of Rs [Face value of each CCPS (Rs)] each ('CCPS') at an issue price of Rs [Issue price of each CCPS (Rs)] per CCPS (including a securities premium of Rs [Premium on each CCPS (Rs)] per CCPS), aggregating to Rs [Total amount to be raised by the CCPS issue (Rs)] (Rupees [Total amount to be raised in words] only), on a private placement basis to the identified persons whose names are recorded in Form PAS-5 and set out in the Annexure to the explanatory statement, on the terms and conditions set out in the Terms Schedule annexed hereto and forming part of this resolution."