Extract of the minutes of meetings of the board of directors of S.

KARUNAGARAN MANAGEMENT CONSUL-

TANCY PRIVATE LIMITED Chennai held at the registered office of the company situated FLAT NO: D10
JAINS ANSURTA APTS, 126, VALLUVARKOTTAM HIGH ROAD, NUNGAMBAKKAM, CHENNAI-600034 on
17TH February 2011.

We hereby certify that the following resolution of the board of directors of S.KARUNAGARAN MANAGEMENT
CONSULTANCY PRIVATE LIMITED was passed at a meeting of the board of directors held at the registered office of
the company on & has been duly recorded in the minutes of meetings book of the company at on 17TH February 2011.

“RESOLVED THAT banking account for the company to be opened and operated with M/s HDFC BANK LTD branch at
chennai & the said bank be and is hereby authorised to honour all cheques, bills of exchange, promissory notes and other
orders for payments drawn, accepted, made or signed on behalf of the company “SEVERALLY” by SIVAKANTH
KARUNAKARAN OR SIVAKAR KARUNAGARAN OR SAROJA GANESAN NADAR to act upon any instruction
on given relating to the account whether the same is overdrawn or not, or relating to the transaction of the company.

“RESOLVED FURTHER THAT “ SEVERALLY” SIVAKANTH KARUNAKARAN OR SIVAKAR

KARUNAGARAN OR SAROJA GANESAN NADAR is hereby instructed to deliver to the said bank a copy of the
resolution signed by the chairman, specimen signatures of the directors & a copy of MEMORANDUM OF ASSOCIATION
and ARTICLES OF ASSOCIATION OF THE COMPANY.

Name of the directors:

1. SIVAKANTH KARUNAKARAN

2. SIVAKAR KARUNAGARAN

3. SAROJA GANESAN NADAR