1. Variation of terms & conditions of 10,25,000, 8% Redeemable Preference Shares @ Rs. 100/- each (Extension of redemption period by one year from the original due date of redemption of 10,25,000 Preferences Shares) has been approved.

2. For this variation of terms & conditions of 10,25,000, 8% Redeemable Preference Shares @ Rs. 100/- each. Class meeting of Preference Shareholders has been called on 22 April 2015, to pass a special resolution for the variation i.e. Extension of redemption period by one year from the original due date of redemption of 10,25,000 Preference Shares.