Contribution to bona fide and charitable funds etc. - OR

Ordinary Resolution to authorise Board of Directors to contribute to bona fide and charitable funds

RESOLVED THAT pursuant to the provisions of Section 181 of the Companies Act, 2013 and other provisions, if any, of the Companies Act, 2013 or rules made there-under, the consent of the members of the Company be and is hereby accorded to the Board of Directors to contribute, donate, subscribe or otherwise provide assistance from time to time to any charitable, public, social, benevolent or general fund, society, association, institutions, trust, organization, relating/ not relating to the business of the Company or the welfare of its employees, for taking up any programme, activities of social, cultural, educational, economic, rural development of people at large and/or incur any expenditure on their behalf, up to an amount not exceeding Rs. _________/- (Rupees _______________ only) for the financial year _________ notwithstanding the fact that said amount may exceed 5% of the Company’s average net profit for the three immediately preceding financial years."

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