1. Authorising the opening of the QIP on 08 July 2015;

2. Approving and adopting the preliminary placement document dated 08 July 2015 in connection with the QIP (the "Preliminary Placement Document") up to an aggregate amount of Rs. 250 crore. Further, the Company has filed the Preliminary Placement Document with Bombay Stock Exchange and National Stock Exchange of India ; and

3. Took on record the relevant date for QIP as 08 July 2015 and floor price of Rs. 104.64 per equity share of face value of Rs. 2 each, as prescribed under the SEBI ICDR Regulations, 2009.