Dynacons Systems & Solutions Ltd. — Governance Information 2021

Sep 3, 2021

September 2, 2021

To, National Stock Exchange of India Limited Exchange Plaza, C— 1, Block G, Bandra Kurla Complex, Bandra (East), Mumbai — 400051 Symbol — DSSL

Sub: Reply to clarification vide., communication through mail date September 1, 2021

Ref: Outcome of Board Meeting dated September 1, 2021 w.r.t Alteration of Memorandum of Association of the Company

Dear Sir(s),

With reference to the clarification sought from Dynacons Systems & Solutions Limited by the Exchange w.r.t the Outcome of the Board Meeting dated September1, 2021, with regard to Alteration of Memorandum of Association of the Company, please find attached herewith the details of:

1. Brief Amendments to the Memorandum of Association — Annexure I

Further, please note that there is no alteration / amendment of the main objects of the Company. The said alteration is in regard to matters in furtherance of main objects for better administrative purpose and with a view to align the existing MOA of the Company with Table A of the Schedule I of the Companies Act 2013.

We request you to take the same on your record and acknowledge the same.

Thanking you,

For Dynacons Systems & Solutions Ltd.

Encl: as above

Dynacons CIN NO Systems : L72200MH1995PLC093130 & Solutions Limited Certified ISO 9001:2008, ISO 20000-1:2011, ISO 27001:2013 Registered Office : 78, Ratnajyot Industrial Estate, Irla Lane, Vile Parle West, Mumbai - 400 056. Corporate Office : 3rd Floor, A Wing, Sunteck Centre, Subhash Road, Near Garware Chowk, Vile Parle East, Mumbai - 400 057. G@® +91-22-66889900 | HA +91-22-26716641 | @ www.dynacons.com | WM sales@dynacons.com | 1860-123-4444

Annexure —I

Brief Alteration to Memorandum of Association

• 1. Deletion of the Clause III Part (A) heading of the Memorandum of Association and replaced by new heading as reproduced below:
• A. THE OBJECTS TO BE PURSUED BY THE COMPANY ON ITS INCORPORATION ARE:
• 1. Deletion of the Clause III Part (B) heading of the Memorandum of association and replaced by new heading as reproduced below:
• B.MATTERS WHICH ARE NECESSARY FOR FURTHERANCE OF THE OBJECTS SPECIFIED IN CLAUSE TII(B) ARE:
• 3, a as 46 and 62 of Clause III Part (B) be replaced by new Sub Clause 45 and 61 as reproduced below:
• 1. In the event of winding up of the company to distribute any of the property of the company amongst themselves in cash or kind.
• 1. To subscribe or contribute or otherwise to assist or to guarantee money to charitable, benevolent, religious, scientific, national, public, or any other useful institutions in their objects or purposes or for any exhibitions but not for political objects.
• 1. Addition of the sub clause 69,70 and 71 of Clause IIT Part (B) as stated below:
• 69.To carry on business to invest in and to hold, sell and deal with the stocks, shares, bonds debenture stock securities of any Government, State, company, corporation, co-op, society, municipal or local or other such body or authority, financial institution and any other corporate body and to pledge and make advances upon, hold in trust, issue or commission or otherwise, dispose of any of the investments aforesaid and to act as agents, underwriters, managers to other interests in copyrights and rights of representations and any other rights of or in any plays, operas, dramas, musical compositions, songs, Cinema, or T.V. Films. Video and other Tapes or any other entertaining or educational productions either artistic or commercial.
• 1. To act as technical and management consultants in relation to all aspects of data processing, data Processing systems, computer systems, application and system software, process Control System, Computers, Type Setting, Printing at all the branches of computer science in India and abroad and further to act as agents for Indian and International Firms Companies providing equipment and services in the areas of Management science and computer science and to buy, sell, import, export, hire, lease, install, maintain, and use equipment and accessories, know-how and services, software hard ware related to all the aspects of management services and computer service.

• 1. To carry on the business of providing solutions and services related to Web-Technologies, Internet and E-commerce, including to design, develop, maintain, operate, own, establish, install, host, provide, create, facilitate, supply, sale, purchase, license or otherwise deal in Internet portals, Internet networks, Media Portals, Internet solutions, Internet gateways, Internet service providers, E-commerce, Web-site designing, Web based and Web enabled services and applications, E commerce service provider, E-commerce solutions, E-commerce platforms, E-commerce education, E-commerce technologies and E-business solutions.
• C. The existing Part C i.e. "OTHER OBJECTS" Clause of the Memorandum of Association of the Company be deleted and all the sub clauses of Clause III Part B shall be renumbered from 1 to ⁷¹ (both inclusive) of revised Memorandum of Association of the Company.
• D. Deletion of the Clause IV of the Memorandum of Association and replaced by new Clause IV as reproduced below:

The liability of the member(s) is limited and this liability is limited to the amount unpaid, If any, on the shares held by them.

For Dynacons Systems & Solutions Ltd.

CALMS &

' oy \' 2 ) >t Mu Ravishankar Singh ©: wens Company Secretary. Compliance Officer