CERTIFIED TRUE COPY OF A RESOLUTION PASSED BY THE Board of Directors
Meridian Estates Private Limited
CIN: U70109MH2016PTC287451
Registered office: X
(the "Company", a private limited company registered in India)
- A meeting of the Board of Directors of the Company was held on 1 April 2026 at 11:30 a.m. at the registered office of the Company.
- The meeting was held with all directors participating in person at the venue stated above.
- Ms Anuradha Iyer took the chair.
- The directors present were: Ms Anuradha Iyer (DIN 02145678), Chairperson; Mr Vikram Rao (DIN 03987412); Mr Faisal Sheikh (DIN 07445120)
- 3 directors were present out of a total Board strength of 5. Notice of the meeting was given to every director in the manner required by section 173(3) of the Companies Act, 2013, and the quorum required by section 174 of that Act was present when the meeting began and when the item recorded below was taken up.
Before this item was taken up, Mr Vikram Rao (DIN 03987412) disclosed his or her concern or interest under section 184(2) of the Companies Act, 2013, did not take part in the discussion or the vote on it, and was not counted towards the quorum for this item; the required quorum of disinterested directors was nonetheless present. The particulars have been entered in the register maintained under section 189 of that Act.
- The Board recorded that the transaction described below does not involve the sale, lease or other disposal of the whole or substantially the whole of the undertaking of the Company, and does not require the approval of the members under section 180 of the Companies Act, 2013.
The following resolution was passed unanimously:
"RESOLVED THAT, in exercise of the powers conferred on the Board by section 179 of the Companies Act, 2013 and by the Articles of Association of the Company, Mr Faisal Sheikh, Whole-time Director of the Company (DIN 07445120), residing at X (the "Authorised Signatory"), be and is hereby authorised, for and on behalf of the Company, to do the following acts in connection with the purchase of the Property with Ashford Realty LLP (the "Counterparty"), the property concerned being described in the Schedule below (the "Property", and the transaction the "Transaction"):
(a) to negotiate, settle and approve the terms of the Transaction, and to sign, execute and deliver the agreement, deed or other instrument recording it, together with every annexure, plan, declaration, undertaking, indemnity, affidavit and deed of rectification relating to it;
(b) to sign and file every application, form, declaration and return required for the Transaction, including those required for stamp duty and e-stamping, tax deducted at source, and any no-objection or clearance certificate;
(c) where the instrument is required to be registered, or where the parties agree to register it, to present it for registration before the Sub-Registrar of Assurances having jurisdiction, to admit execution on behalf of the Company, to appear and answer queries, to produce the Company's records and identification, to give the photograph and fingerprints required by section 32A of the Registration Act, 1908, to sign the register, the endorsements and the receipts, and to collect the registered instrument;