Precision Wires India ltd. — Share Issue/Capital Change 2021

Dec 15, 2021

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PRECISION WIRES INDIA LIMITED

REGD. OFFICE : SAIMAN HOUSE, J. A. RAUL STREET, OFF SAYANI ROAD, PRABHADEVI, MUMBAI - 400 025, INDIA. TEL: +91-22-24376281 FAX: +91-22-24370687 E-MAIL: mumbai@pwil.net WEB: www.precisionwires.com

CIN: L31300MH1989PLC054356 WORKS: PLOT NO. 125/2, AMLI HANUMAN (66 KVA) ROAD, SILVASSA – 396 230, U.T OF D.N.H., INDIA. TEL: +91-260-2642614 FAX: +91-260-264235

Date: 15[th] December, 2021

BSE Limited (BSE)

Corporate Relationship Department, 1[st] Floor, New Trading Ring, Rotunda Building, P.J.Towers, Dalal Street, Fort, Mumbai-400 001

Company Code : 523539

The Manager, Listing Department

National Stock Exchange of India Limited (NSE)

‘Exchange Plaza’, C-1, Block G, Bandra - Kurla Complex, Bandra (E), Mumbai – 400 051. Symbol :PRECWIRE

Dear Sir/Madam,

Sub: Intimation pursuant to Regulation 30 of SEBI LODR Regulation, 2015

The Company has received the approval of shareholder through postal ballot to amend the Capital clause (Clause V) in the Memorandum of Association (MOA) of Company given as below:

“V. The Authorized Share Capital of the Company is Rs. 15,00,00,000/- (Rupees Fifteen Crores only) divided into 15,00,00,000 (Fifteen Crore) Equity Shares of Re. 1/- (Rupee One only) each with the rights, privileges and conditions attached thereto as are provided by Articles of Association of the Company for the time being in force , with power to increase and reduce the Capital of the Company and to divide the shares in the capital for the time being into several classes and to attach thereto respectively any preferential, deferred, Qualified or special rights, privileges or conditions as may be determined by or in accordance with the Articles of Association of the Company and to vary, modify, amalgamate or abrogate any such rights, privileges or conditions in such manner as may for the time being be provided by the Articles of Association of the Company.”

The certified copy of amended MOA is attached for perusal.

Kindly acknowledge and oblige

Sincerely,

For Precision Wires India Limited

DEEPIKA Digitally signed by DEEPIKA ROHIT ROHIT PANDEY Date: 2021.12.15 PANDEY 16:16:43 +05'30' Deepika Pandey Company Secretary ACS No: 41277

Encl: As Above

MEMORANDUM OF ASSOCIATION

OF

PRECISION WIRES INDIA LIMITED

• I. The name of the Company is PRECISION WIRES INDIA LIMITED.

• II. The Registered Office of the Company will be situated in the State of Maharashtra.

• III. The Objects for which the Company is established are:

A. MAIN OBJECTS OF THE COMPANY TO BE PURSUED BY THE COMPANY ON ITS INCORPORATION ARE:

1. To carry on the business of manufacturing, processing, buying, selling, trading, dealing, importing and exporting; winding wires; wires made of ferrous and non-ferrous metals and their alloys; electrical cables, wires and conductors of all types and description; sections, strips, sheets, profiles, bars, rounds, hollows, pipes, tubes, flats and foils of ferrous and non-ferrous metals and their alloys; insulating material of all types; impregnating varnishes; enamels; and resins.

B. THE OBJECTS INCIDENTAL OR ANCILLARY TO THE ATTAINMENT OF THE MAIN OBJECTS ARE:

1. To carry on metallurgical operations of all types and to prepare, process and manufacture any kind of ferrous and non-ferrous metals and their alloys from metal ores, primary metals, alloys or scrap and to fabricate, cast, extrude, draw roll, fit, press, machine, manufacture, processes, treat, weld, harden, plate, temper or anneal in any shape, size or dimension all kinds of metals and / or their alloys.

2. To carry on the business of metal finders, metal pressers, metal rollers, metal workers, drawers and extruders, mill wrights, moulders, enamellers, metal convertors, rerollers, annealers, annodisers, insulators, electroplaters and to deal in machinery, implements, plants, pipes, tools, tackles, tubes, components, spares assemblies, dies, moulds, jigs, instruments, general fittings and fixtures accessories and appliances of all kinds.

3. To purchase, manufacture, construct, erect, fabricate, build, press, stamp, draw, spin, furnish, equip, utilize, procure, fine, mine and purchase, manufacture, produce or otherwise acquire, invest in, own, hold, use, sell, assign, transfer or otherwise dispose off, trade in and deal with any and all articles or things manufactured, produced, resulting or derived in metals and

Digitally signed DEEPIK by DEEPIKA ROHIT PANDEY A ROHIT Date: 2021.12.14 PANDEY 13:24:23 +05'30'

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source materials, ingredient, mixtures, derivatives and compounds and alloys thereof and any and all kinds of products of which any of the foregoing is used including mechanical and electrical machinery, apparatus, equipment, implement, devices, fixtures, supplies and accessories and casting and forgings.

1. To import, export, buy, sell, trade, barter, swap, exchange, lend, borrow or otherwise deal in ferrous and non-ferrous metals and their alloys and raw materials, stores, stock-in-trade and goods (including finished goods, chattels and effects) as may be necessary, expedient or convenient for any business carried on by the Company.

2. To carry on the business as buyers, sellers, dealers, stockiests, distributors, merchants, traders, commission agents or otherwise, trade and deal in or manufacture or provide goods or services within India as may be necessary and incidental to the attainment of the main objects of the Company.

3. To acquire, build, construct, improve, develop, give or take in exchange or on lease, rent, hire, occupy, allow, control, maintain, operate, run, sell, dispose of, carry out or alter as may be necessary or convenient any lease hold or free hold land, movable or immovable property, including buildings, workshops, warehouses, stores, easement or other rights, machinery, plant, works, stock in trade, industrial colonies, conveniences together with all modern amenities and facilities such as housing, schools, hospitals, water supply, sanitation, township and other facilities or properties which may seem calculated directly or indirectly to advance the Company's objects and interest either in consideration of a gross sum or a rent charged in cash or services.

4. To apply for, purchase or by other means acquire and protect, prolong and renew in any part of the world, any patent, patent rights, brevetd, invention, licences, protections and concessions which may appear likely to be advantageous or useful to the Company and to use and turn to account and to manufacture under or grant licence or privileges in respect of the same and to spend money in experimenting upon and testing and improving or seeking to improve any patents, inventions or rights which the Company may acquire or proposes to acquire.

5. To expend money on research, experimentation, development, testing, improving or seeking to improve existing products, patents, rights, etc., in connection with any of its activities in pursuance of the aforesaid objects and to expend money to invent, develop, or seek, any new products allied to and in the course of pursuing the objects as detailed in this clause.

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1. To procure the Company to be registered or recognized in any part of the world and to carry on the business in or any part of the world and to take such steps as may be necessary to give the Company, such rights and privileges in any part of the world as are possessed by local companies or partners or as may be thought desirable.

2. To open, establish, maintain and to discontinue offices, branch offices, regional offices, trade centres, exhibition centres, liaison offices and to keep local or resident representatives in any part of the world for the purposes of promoting the business of the Company.

3. To enter into partnership or into any arrangement for sharing profits, union of interest, co-operation, joint venture, reciprocal concession or otherwise with any person, firm or Company carrying on or engaged in or about to carry on or engage in any business or transaction which this Company is authorized to carry on and to lend money, to guarantee the contracts of or otherwise assist any person, firm or Company and to take or otherwise acquire, buy, hold shares or securities of any such person, firm or Company and to sell, hold, re-issue with or without guarantee or otherwise deal with such shares and securities.

4. To amalgamate with any other Company or Companies or bodies of persons, having similar objects.

5. To promote or join in the promotion of any Company or Companies having similar objects for the purpose of acquiring all or any of the property, rights and liabilities of the Company.

6. To take part in the management, supervision and control of the contract, rights, turnkey jobs, operations or business of any Company or undertaking entitled to carry on the business which the Company is authorized to carry on.

7. To enter into arrangement for technical collaboration and / or other form of agreement including capital participation with foreign or Indian Company for the purpose of manufacture, quality control and product improvements and for marketing of the products which the Company is empowered to manufacture and / or market and to pay or to receive for such technical assistance or collaborations, royalties or other fees in cash or by allotment of shares of the Company credited as paid up or issue of debentures or debenture stock, subject to the provisions of law for the time being in force.

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1. To remunerate or make donations (by cash or other assets or buy the allotment of fully or partly paid shares or by call on shares, debentures, debenture stock or securities of this or any other Company or in any other manner) whether out of the Company's capital, profits or otherwise to any person or firm or Company for services rendered or to be rendered in introducing any property or business to the Company or placing or assisting to place or guaranteeing the subscription of any shares debentures debenture-stock or other securities of the Company may think proper.

2. To enter into any arrangement with any Government or State Authority, Municipal, Local or otherwise that may seem conducive to the Company's objects or any of them and to obtain from any such Government or State Authority, any rights, privileges and concessions which may seem conducive to the Company's objects or any of them.

3. To buy, lease or otherwise acquire lands, buildings and other properties and to sell, mortgage or hypothecate or otherwise dispose of all or any of the properties and assets of the Company on such terms and conditions as the Company may think fit.

4. To purchase or otherwise acquire and undertake the whole or any part of the business, property, rights and liabilities of any person, firm or Company carrying on any business which this Company is authorized to carry on and to purchase, acquire, apply for, hold, sell and deal in shares, stocks debentures or debenture stock of any such person, firm or Company and to conduct, make or carry into effect any arrangement in regard to the winding up of the business of any such person, firm or Company.

5. To apply for, tender, purchase or otherwise acquire any contract or concession for or in relation to the construction, erection, equipment, improvement management administration or control of works and conveniences and to undertake, execute, carry out, dispose of or otherwise turn to account the same.

6. Subject, to the provisions of the Companies Act 1956 and the rules framed hereunder and the directives issued by the Reserve Bank of India to borrow or raise money or to receive or to take money on deposit or loan on interest or otherwise from banks, financial institutions, government agencies, co-operative societies, persons, companies, firms in such manner as the Company may think fit and in particular by the issue of debentures or debenture-stock, perpetual or otherwise including debentures or debenture stock convertible into shares of this

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Company or perpetual annuities and in security of any such money borrowed, raised or received, to mortgage, pledge, hypothecate or otherwise charge the whole or any part of the property (movable or immovable) assets or revenue of the Company, present or future including its uncalled capital by special assignments or otherwise to transfer or convey the same absolutely or in trust and to give the lenders power of sale and other powers as may seem expedient and to purchase, redeem or pay off any such securities. The Company shall not carry on any banking or insurance business in which may fall within the purview of the Banking Regulations Act 1949 or the Insurance Act 1938, respectively.

1. To open accounts with any individual, firm or Company or with any bank or banks and to pay into and to withdraw moneys from such account or accounts.

2. To draw, make, issue, accept and to endorse discount and negotiate promissory notes, hundies, bills of exchange, bill of lading, delivery orders, warrants, warehouse-keeper's certificates and other negotiable or commercial or mercantile instruments connected with the business of the Company.

3. To lend or deposit moneys belonging to or entrusted to or at the disposal of the Company to such person or Company and in particular to customers and others having dealings with the Company with or without security, upon terms as may be thought proper and guarantee the performance of contracts by such person or Company but not to do the business of banking as defined in the Banking Regulation Act.

4. Subject to the provisions of the Companies Act 1956 to accumulate funds and to invest or otherwise deal with and invest money belonging to the Company in any deposits, shares, stocks, debentures, debenture stock, bonds, obligations or securities by original subscription, having similar objects, tender, purchase, exchange and to subscribe for the same either conditionally or otherwise and to guarantee the subscription thereof and to exercise and enforce all rights and powers conferred by or incidental to the ownership thereof.

5. To undertake and execute any trust, the undertaking whereof may seem desirable either gratuitously or otherwise.

6. Subject to the provisions of the Companies Act, 1956 to subscribe or contribute or otherwise to assist or to guarantee money to charitable, benevole, religious, scientific, national or other institutions or objects or any public, general or useful objects.

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1. To provide for the welfare of the employees or ex-employees of the Company and the wives, widows, families or dependents or connections of such persons by building or contributing to the building of houses, dwellings or by grant of money, pensions, gratuity, bonus, payment towards insurance or other payment or by creating from time to time, subscribing or contributing to, adding or supporting provident funds of trusts or conveniences and by providing or subscribing or contributing towards places of instruction or recreating hospitals and dispensaries medical and other attendance and other assistance as the Company shall think fit.

2. To pay all costs, charges and expenses of and incidental to the formation, promotion registration and establishment of the Company and issue of its capital including any underwriting or other commission, broker's fee and charges in connection therewith including costs, charges of negotiations and contracts and arrangements made prior to and in anticipation of the formation and incorporation of the Company.

3. To do all or any of the above things in India or in any part of the world as principal, agent, contractors, or trustees and either alone or in conjunction with others.

4. To distribute any of the properties of the Company amongst the members in specie or kind upon the winding up of the Company, subject to the provisions of the Companies Act, 1956.

C. OTHER OBJECTS:

1. To carry on the business of manufactures, dealers, agents factors, importers, exporters, merchants and financiers of all kinds of man-made fibres and man-made fibreyarns of all kinds, manmade fibre cords of all kinds and man-made fibre fabrics of all kinds, mixed with or without mixing, materials like woolen, cotton metallic or any other fibres or vegetable, mineral or animal origin, manufacturing such man-made fibres and manmade fibre products of all description and kinds with or without mixing fibres of other origin as described above, by any process using petrochemicals of all description or by using vegetable or mineral oils or products of all description required to produce such manmade fibres.

2. To carry on the business of manufacturers, dealers, importers and exporters, merchants, agents, factors and financers and particularly manufacturers, dealers, etc., of all types of petrochemicals like naphtha, Methane, Ethylene, Propylene, Butenes, Naphthalene, Cyclohexane, Cyclohexanone, Benzene, Phenol,

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Acetic Acid, Cellulose Acetate, Vinyl Acetates, Ammonia, Caprolactam, Adipic Acid, Hexamethylene, Diamine Nylon, Nylon-6, Nylon 6.11, Nylon 7, their fibres, castings, mouldings, sheets, rods, etc., Ortho-xylene, Phthalic Anhydride, Alkyd resins, Polyester fibres and films, mixed Xylenes, Paraxylene, Meta-xylene Toluene, cumene, Phenol, Styrene, Synthetic Rubbers Betenes, Butadiene, Methacrolein, Maleic Anhydride Methacrylates, Alkyd resins, Urea, Metanol formaldehyde UF, PF and MF resins, Hydrogen-cyanide, Poly-methyl Methacrylate, Acetylene, P.V.C. Polyethylene, Ethylene, dichloride, Ethylene oxide, Ethyleneglocol, Polyglycol, Polyurethanes, Paraxylenes, Polystyreness, Polypropylene Isopropanon, Acetone, Propylene oxide, Propylene glycol, Acrylonitrile, Acrolein, Acylicesters, Acrylic Fibres, Allyl Chioride, Epichlor-hydrin, Epoxy resins, and all other petrochemical products and polymers in all their forms like resins, fibres, sheets mouldings, castings, etc.

1. To carry on the business of manufacturing, buying, selling, exchanging, converting, altering, importing, exporting, processing, twisting, weaving or otherwise handling or dealing in or using or advising users in the proper use of, cotton, yarn, pure silk yarn, artificial silk yarn, staple fibres and such other natural fibres, fibres and fibrous materials, or allied products, by-products, substances or substitutes for all or any of them or yarn or yarns, for textile or other use, as may be practicable.

2. To manufacture, buy, sell, convert and fabricate, film bags, tubes, containers of any size or shape rigid, flexible or a composite of both, from any thermoplastics or thermosetting materials by the moulding, processing, extruding, blowing or any combination of the above and any other methods of forming or conversion and to undertake the sealing, printing, stamping, shaping, packing of articles mentioned above.

3. To promote, establish, acquire and run or otherwise carry on the business of plastic industry or business of manufacturers of and dealers in plastic products and materials, Thermoplastic and Thermosetting and of wax, bakelite, celluloid products, chemicals of all sorts and other articles or things and similar or allied products or processes and to sell, purchase or otherwise acquire or deal in materials or things in connection with such trade, industry or manufacture.

4. To carry on business of the manufacturers and dealers, importers and exporters of natural and synthetic resins, moulding powders, adhesives and cements, oil paints distempers, cellular paints, colours, varnishes, enamels, gold and silver leaf enamels, spirits and other allied articles.

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1. To carry on the business of water proofers and manufacturers of India Rubber, leather, imitation lather, leather cloth, plastics, oil cloth, linoleum, tarpaulins, hospital sheetings and articles made therefrom.

2. To carry on the business of manufacturers of and dealers in chemicals of any nature and kind whatsoever and as wholesale or retail chemists, druggists, analytical or pharmaceutical chemists, drysalters, oil and colour men, importers, exporters and manufacturers of and dealers in heavy chemicals, alkalies, acids, drugs, tanins, essences, pharmaceutical, sizing, medicinal, chemical , industrial and other preparations and articles of any nature and kind whatsoever; mineral and other waters, soaps, cements, oils, fats paints, varnishes, compounds, rubber chemicals or preparations, drugs dyestuffs, organic or mineral intermediates, paints and colour grinders and of electrical, chemical photographical, surgical and scientific apparatus and materials and to manufacture, refine, manipulate, import and deal in salts and marine minerals and their derivatives by - products and compounds of any kind whatsoever.

3. To carry on the business of electrical engineers and contractors, suppliers of electricity, manufacturers of and dealers in railway tramway, electric, magnetic, galvanic and other apparatus, and suppliers of light, heat sound and power.

4. To carry on the business of Financers, Guarantee Brokers, Concessionaires and Merchants.

5. To carry on business as Agents of all kinds and descriptions.

6. To carry on business of manufacturing, producing, processing, treating, making, taking on hire or otherwise acquiring, blending, formulating, packaging, finishing, distributing, selling, marketing, wholeselling, retailing, importing, exporting, buying, fabricating, assembling, servicing, repairing, maintaining of all types / grade, kinds sizes and descriptions of photographic films, photo papers, chemicals, reagents, substances, equipments, instruments, accessories, raw materials for photographic goods, tools, apparatus, products and supplies, for audio visual communication films and products, image and document productions and copying and information gathering, recording, handing, storing, retrieval products and computers and their components.

7. To manufacture, produce, make extract, refine, purity, separate, process, treat, formulates, blend, buy, sell, market, distribute, export, import store, pack and otherwise deal in all types of

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gaseous, liquid or solid organic and inorganic chemicals, their compounds, derivatives and by products, mixtures and finished products thereof, including petrochemicals, fertilizers pesticides, fungicides, weedicides, insecticides and drugs, intermediates, plastics, polymers, bio-chemicals, detergents, cosmetics, glass and industrial chemicals.

1. To carry out investigation, basic and fundamental research, applied research, design, development, experimental work, pilot plant work, commercial work, scale up works and every description in all branches of science, engineering and technology for producing, discovering, invention, making improvements in modifications to effecting cost reduction or energy savings in all forms of energy including solar energy, nuclear energy, thermal energy, hydro electric energy, energy from gases, minerals, chemicals, elements and compounds of very description.

2. To carry on the business as exporters and importers of services, goods or merchandise of any description and for that purpose indent, buy, sell, deal, manufacture, import, export raw materials, commodities and manufactured products including chemicals, dyes, plastics, polythene, leather rubber and pulp products, automobiles, transport vehicles and all other types of vehicles, agricultural and forest produce, tea, coffee, tobacco, cotton, foodgrain, edible oils, electric and electronic goods, cables and wires, machinery and equipments, spare parts and appliances, scientific equipments, minerals, iron, steel, hardware and tools, textiles, garments, made-ups, jewellery, pearls, stones, marine products, meat, poultry and dairy products, perfumery, cosmetics, toileteries, glass, metals, paper, packing materials, detergents and soaps, petrol, diesel, oil and lubricants of all kinds, films and other items, as may be authorized or permitted by Government through trade policies and also act as an export and /or import house.

3. To investigate, search, survey, prospect, explore, extract, drill, mine, dig, raise, pump, produce, refine, purify, separate, treat, process, blend, store, transport, distribute, market, sell, pack and otherwise deal in mineral oils and their derivatives, byproducts, mixtures in gaseous, liquid or solid forms.

4. To carry on the business of investment Company and to buy, underwrite, invest in and acquire and hold shares, stocks, debentures, debenture stock, bonds, obligations and securities issued or guaranteed by any Company, firm, person, government, local authority or institution whether in India or elsewhere and to deal with and turn to account the same.

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1. To manufacture, produce, fabricate, process, buy, sell, market, exchange, alter, improve, import, export, give on hire or otherwise deal in electrical , electronic or electromechanical or mechanical equipments, appliances, machineries, their components, accessories, spare parts, systems required for industrial, agricultural, domestic or other purposes including all types of meters, measuring instruments, testing instruments, calibrating instruments, protection, auxiliary and other relays, sonic or ultra sonic equipments, readers, computers, mini computers, data processing equipments, micro-wave equipments, remote control systems, broad casting and cinematographic equipments, testroom equipments, scientific instruments, medical and surgical equipments, oscilloscopes, electric motors of all types, electric furnaces, cremation furnaces, instrument transformer, current transformer, potential transformer, power line carrier communication equipments, telemetering equipments, bus ducts, tap changers, tensile testing equipments, switch and control board, control panels, time switches, radio control switches, circuit breakers of all types, switchgear and control gears, porcelain insulators, starters, boosters, rectifiers, low and high voltage transformers, capacitors, vacuum gauges, amplifiers, audio systems, calculators, electronic components including capacitors, transistors, connectors, electric and electromechanical parts, printed circuit boards, diodes, resistors, indicators, transformers, ferrites tubes, television tubes, picture tubes, incandescent lamp, miniature lamps and tubes, integrated circuits, thyristors, lamination sheets, stampings, all types of insulating materials, fuses, floppy disc, magnetic tapes, magnetic disc, record player and changer.

2. To collect data from various government and semi-government sources, to analyse the same and to provide reports and analysis to various interested companies, financial institutions, banks and other clients and also to carry on business of publishers of journals, news letters, periodicals, Magazines, reporting financial and monetary matters.

3. To carry on the business as transporter and carrier of goods, luggage, merchandise, animals or passengers from place to place either by air or by land or river or sea or partly by sea or river and partly by land or air and for the purpose own, hire, take on rent, give on rent, sale, purchase, market and deal in motor vehicles, aeroplanes, animal drawn vehicles, car, ships, steamer, trucks, buses, minibuses and to carry on the business of general carrier railway and forwarding agents, clearing agents, warehousemen, storekeeper, bonded caremen and common caremen and for the purpose of own, hire, lease, take on rent, give on rent any building, warehouses, or other facilities and to operate, establish own and maintain garages, service stations,

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workshops, terminal freight points and to store, repair, rent and lease motors, buses, automobiles or other vehicles.

1. To carry on the business of extracting edible or non-edible oils, rasa, rasayana, basic substance, elements or ingredients from all types of oil seeds, cash crops, seeds, food grains, cereals, agricultural produces, vegetables, leaves, roots, flowers, herbs, plants, shrubs and trees and for the purpose to run or carry on extraction plants, processing or refining plants and all other allied actives and to deal in purchase, sell, export, import or market such resultant products or produces and their byproducts, joint products, raw materials or semi processed materials.

2. To carry on the business as buyers, sellers, exchangers, importers, assemblers, distributors or dealers in all the accessories, raw materials, spare parts and components required for the purpose of the business of the Company.

3. 55[a] To carry on in India and elsewhere the business to generate, transmit, receive, distribute, supply, produce, improve, buy, sell, resell, trade, acquire, use, consume, transmit, accumulate, employ, develop and supply electric power produced through conventional and / or non-conventional methods / inputs such as wind, solar, gas, lignite, geo-hydal, tidal waves, coal, biomass, atomic, thermal, hydraulic and / or through other alternative & / or renewable sources of energy as may be developed and invented and to act as agent, broker, trader, representative, owner, consultant, collaborator or otherwise to deal in above business.

Inserted by Special Resolution passed by way of Postal Ballots on 20th November, 2010.

55[b] To promote, own, acquire, erect, construct, establish, maintain, improve, manage, operate, alter, carry-on, control, take on hire / lease power plants, co-generation power plants, energy conservation projects, power houses, transmission , receiving and distribution systems of generation, distribution, transmission and supply of electrical and other energy and buy, sell, trade, exchange, market, function as a licensee, deal market and trade in electrical power and other energy to the State Electricity Board/s, State Government/s, Appropriate Authorities, other Licensees, Utilities, specific industrial areas / Units and other consumers for industrial, commercial, agricultural, household and any other purpose/s in India and elsewhere in any area as permitted by any State Government, Central Government, Local Authority, State Electricity Board/s and any other competent authority in accordance with the provisions of Indian Electricity Act, 2003 and/or Electricity (Supply) Act, 1948 or any other statutory modifications or re-enactment thereof and rules made there under.

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• IV. The liability of the member is limited

• V. The Authorised Share Capital of the Company is Rs. 50,00,000/- (Rupees Fifty Lakhs only) divided into 5,00,000 (Five Lakh) Equity Shares of Rs. 10/- (Rupees Ten only) each.

Amended by Resolution passed at the EGM held on 8th June 1990

Amended by Resolution passed at the AGM held on 24th Sept. 1990

The Authorised Share Capital of the Company is Rs. 95,00,000 (Rupees Ninety five lakhs only) divided into 5,00,000 (Five lakhs) Equity Shares of Rs. 10/- (Rs. Ten only) each, and 10,000 (Ten Thousand) 14% Cumulative Redeemable Preference Shares of Rs. 100/- (Rs. One hundred only) each [such Preference Shares shall confer upon the Holders thereof the right to be paid out of any profits of the Company a fixed, cumulative preference dividend at the rate or rates as may be specified by the terms of issue from time to time but (free of Income-tax but subject to the deductions of tax at the prescribed rate) on the capital for the time being paid-up or credited as paid-up thereon and a right on the winding up of the Company to be paid all arrears of such dividend, whether earned or declared or not, down to the commencement of winding up and also to be repaid the amount of Capital paid-up or credited as paid up on the preference shares held by them, respectively, in priority to any payment in respect of the Equity Shares but shall not confer any other right in the profits of Assets of the Company] and 3,50,000 (Three lakhs fifty thousand) unclassified Shares of Rs. 10/(Rupees ten each) with the power to increase and reduce the Capital of the Company and to divide the Shares in the Capital for the time being into several classes and to attach thereto respectively any preferential, deferred, qualified or special rights privilege or conditions as may be determined by or in accordance with the regulations of the Company and to vary, modify, or abrogate any such rights, privileges or condition in such a manner as may for the time being provided be by the regulations of the Company."

The Authorised Share Capital of the Company is Rs. 95,00,000 (Rupees Ninety five lakhs only) divided into 8,50,000 (Eight lakhs fifty thousand) Equity Shares of Rs. 10/- (Rs. Ten) each and 10,000 (Ten Thousand) 14% Cumulative Redeemable Preference Shares of Rs.100/- (Rs. One hundred) each [such Preference Shares shall confer upon the Holder thereof the right to be paid out of any profits of the Company a fixed, cumulative preference dividend at the rate or rates as may be specified by the terms of issue from time to time but (free of Income Tax but subject to the deduction of tax at the prescribed rate] on the capital for the time being paid-up or credited as paid-up thereon and a right on the winding up of the Company to be paid all arrears of such dividend, whether earned or declared or not, down to the commencement of winding up and also to be repaid the amount of capital paid-up or credited as paid up on the preference shares held by them, respectively, in priority to any payment in respect of the Equity Shares but shall not confer any other right in the profits of assets of the Company] and with the power to increase and reduce the capital of the company and to divide the shares in the capital for the time being into several classes and to attach thereto respectively any preferential, deferred, qualified or special

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rights, privileges or conditions as may be determined by or in accordance with the regulations of the company and to vary, modify or abrogate any such rights, privileges or condition in such manner as may for the time being be provided by the regulations of the Company.

The Authorised Share Capital of the Company is Rs. 5,00,00,000 (Rupees Five Crores only) divided into 45,00,000 (Forty Five Lakhs) Equity Shares of Rs. 10/- (Rupees Ten only) each, and 10,000 (Ten Thousand) Cumulative Redeemable Preference Shares of Rs. 100/- (Rupees One hundred only) each [such Preference Shares shall confer upon the holders thereof the right to be paid out of any profits of the Company a fixed, cumulative preference dividend at the rate or rates as may be specified by the terms of issue from time to time but on the capital for the time being paid-up or credited as paid-up thereon and a right on the winding up of the Company to be paid all arrears of such dividend, whether earned or declared or not, down to the commencement of winding up and also to be repaid the amount of capital paid-up or credited as paid up on the preference shares held by them, respectively, in priority to any payment in respect of the Equity Shares but shall not confer any other rights in the profits or assets of the Company] and 4,00,000 (Four lakhs) unclassified Shares of Rs. 10/- (Rupees ten only) each with the power to increase or reduce the Capital of the Company and to divide the Shares in the Capital for the time being into several classes and to attach thereto respectively any preferential, deferred, qualified or special rights privileges or conditions as may be determined by or in accordance with the Articles of Association of the Company and to vary, modify, amalgamate or abrogate any such rights, privileges or conditions in such manner as may for the time being be provided by the Articles of Association of the Company."

The Authorised Share Capital of the Company is Rs. 15,00,00,000 (Rupees Fifteen Crores) divided into 60,00,000 (Sixty Lakhs) Equity Shares of Rs. 10/- (Rupees Ten only) each and 90,00,000 (Ninety Lakhs) Unclassified Shares of Rs. 10/- (Rupees Ten only) each with power to increase or reduce the Capital of the Company and to divide the shares in the Capital for the time being into several classes and to attach thereto respectively any preferential, deferred, qualified or special right, privileges or conditions as may be determined by or in accordance with the Articles of Association of the Company and to vary, modify, amalgamate or abrogate any such rights, privileges or conditions in such manner as may for the time being be provided by the Articles of Association of the Company.

For the words and figures "60,00,000 (Sixty Lakhs) Equity Shares of Rs.10/- (Rupees Ten only) each and 90,00,000 (Ninety lakhs) Unclassified Shares of Rs. 10/- (Rupees Ten only) each" the words and figures "1,20,00,000 (One Crore Twenty lakhs) Equity Shares of Rs. 10/- (Rupees Ten) each and 30,00,000 (Thirty lakhs) Unclassified Shares of Rs. 10/(Rupees Ten) each" be substituted.

Amended by Resolution passed at the EGM held on 3rd Dec. 1990

Amended by Resolution passed at the EGM held on 23rd March 1996

Amended by Resolution passed at the AGM held on 23rd Sept. 2000

14

Amended by Resolution passed at the AGM held on 28th Aug. 2015

Amended by Resolution passed through postal ballot on 13[th] December, 2021

The Authorized Shares Capital of the Company is Rs. 15,00,00,000/(Rupees Fifteen Crores) divided into 2,40,00,000 (Two Crores Forty Lakhs) Equity Shares of Rs. 5/- (Rupees Five) each and 30,00,000 (Thirty Lakhs) unclassified Shares of Rs. 10/- (Rupees Ten) each with the rights, privileges and conditions attached thereto as are provided by Articles of Association of the Company for the time being in force , with power to increase and reduce the Capital of the Company and to divide the shares in the capital for the time being into several classes and to attach thereto respectively any preferential, deferred, Qualified or special rights, privileges or conditions as may be determined by or in accordance with the Articles of Association of the Company and to vary, modify, amalgamate or abrogate any such rights, privileges or conditions in such manner as may for the time being be provided by the Articles of Association of the Company.

The Authorized Share Capital of the Company is Rs. 15,00,00,000/(Rupees Fifteen Crores only) divided into 15,00,00,000 (Fifteen Crore) Equity Shares of Re. 1/- (Rupee One) each fully paid, with the rights, privileges and conditions attached thereto as are provided by Articles of Association of the Company for the time being in force , with power to increase and reduce the Capital of the Company and to divide the shares in the capital for the time being into several classes and to attach thereto respectively any preferential, deferred, Qualified or special rights, privileges or conditions as may be determined by or in accordance with the Articles of Association of the Company and to vary, modify, amalgamate or abrogate any such rights, privileges or conditions in such manner as may for the time being be provided by the Articles of Association of the Company.

DEEPIK Digitally signed by DEEPIKA A ROHIT ROHIT PANDEY Date: PANDEY 2021.12.14 13:21:29 +05'30'

15

We, the several persons whose names, address and descriptions are hereunder subscribed below, are desirous of being formed into a Company in pursuance of this MEMORANDUM OF ASSOCIATION and we respectively agree to take the number of shares in the capital of the company to our respective names:

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Number of Signature of witness
Signature
Name, address, description and Equity Shares of and his name,
occupation of each subscriber taken by each subscriber address, description
subscriber and occupation
MEHTA MILAN MAHENDRA 10 (TEN) Sd/-
S/o. Mehta Mahendra Ratilal
B-26, Sterling Apts., 38 Peddar Road,
Bombay - 400 026.
OCCUPATION : BUSINESS
MEHTA MAHENDRA RATILAL 10 (TEN) Sd/-
S/o. Ratilal Mehta
B-26, Sterling Apts., 38 Peddar Road,
Bombay - 400 026.
OCCUPATION : BUSINESS
MEHTA DEEPAK MAHENDRA 10 (TEN) Sd/-
S/o. Mehta Mahendra Ratilal
B-26, Sterling Apts., 38 Peddar Road,
Bombay - 400 026.
OCCUPATION : INDUSTRIALIST
MAKKER DWARKA NATH 10 (TEN) Sd/-
S/o Sh. Kidar Nath Makker
501, Skylark 'A', Lokhandwala
Complex, Andheri (W),
Bombay - 400 058.
OCCUPATION : SERVICE
PINTO SIMON 10 (TEN) Sd/-
S/o Julio F. Pinto
A/28 Gharkul Apts.,
6th Floor, Siddarth Nagar, Vakola,
Santacruz (E),
Bombay - 400 005
OCCUPATION : SERVICE
DIVATIA SHALIN SUNANDAN 10 (TEN) Sd/-
S/o Divatia Sunandan Ranjitbhai
28, Queens Lawn, 967,
S.V. Road, Vile Parle (W),
Bombay - 400 056.
CHARTERED ACCOUNTANT
LILAKRISHAN CHOPRA 10 (TEN) Sd/-
S/o Manghat Rai Chopra
101, Vinay Apartment,
Janki Kutir, Juhu,
Bombay - 400 049.
(BUSINESS EXECUTIVE)
TOTAL 70 (SEVENTY)
Sd/-
(SERVICE)
S/o/ Patel Atmaram Dist. Thane 401 105
311, A. Shantiganga Apts.,
PATEL PRAVIN ATMARAM
Opp. Rly Station, Bhayandar (East),
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Dated : Sixth Day of November One Thousand Nine Hundred Eighty Nine.