CERTIFIED TRUE COPY OF THE RESOLUTION PASSED BY THE BOARD

OF DIRECTORS AT THEIR MEETING HELD ON 25/03/2023

Issue of UnsecuredNon-Convertible Redeemable Debentures on private

placement basis:

“RESOLVED THAT pursuant to section 42, 71 of the Companies Act, 2013 and all
other applicable provisions, if any, of the Companies Act, 2013 (the “Act”), (including
any statutory modification(s) or re-enactment(s) thereof, for the time being in force)
read with the Rules made thereunder, as may be amended from time to time,the
provision of the Memorandum and Articles of Association of the Company and
subject to such other applicable laws, rules, regulations and guidelines, the consent
of the Board of Directors of the Company be and is hereby accorded for making
offer(s) or invitation(s) to subscribe to 380 (No.)Unsecured Non-Convertible
Redeemable Debenturesof Rs.1000/- eachon a private placement basis to
NABKISAN Finance Limited.

RESOLVED FURTHER THAT the draft letter of offer for private placement
(PAS -4) containing, inter alia, the terms of issue placed before the meeting and
initialledby the Chairman of the Board for the purpose of identification be and are
hereby approved and Mr.R.Selvaraj, Director and Mr.S.Srinivasan, Director of the
Company be directed to issue the saidletter of offer.

RESOLVED FURTHER THAT for the purpose of giving effect to the foregoing
Resolution, Mr.R.Selvaraj, Director and Mr.S.Srinivasan, Director be and are
hereby authorized to do all such acts, deeds, filings, matters and things and execute
all such deeds, documents, instruments and writings as may be required.”

//CERTIFIED TRUE COPY//

Signature of the Authorised signatories with seal

Rathinam Selvaraj Selvaraj Tamilselvi RangasamyJagadeesan

(Director) (Director) (Director)

Asaithambi Sumathi R.Ramalingam G.Ramu

(Director) (Director) (Director)

S.Srinivasan M.Sabari
(Director) (CEO)