The Companies Act, 1994

(ACT - XVIII OF 1994)

A PRIVATE COMPANY LIMITED BY SHARES
MEMORAN!M
AN
ARTIC"E# OF A##OCIATION
ARANEE "IMITE
- 1 -
The Companies Act, 1994
(Act XVIII of 1994)
A Private Company Limited y !hares
"emorand#m of Association
$f
Aranee Limited
i) The name o$ the Compan% is Aranee Limited&
ii) The Re'iste(e) O$$ice o$ the Compan% sha** +e sit,ate) in -an'*a)esh&
iii) The o+.ecti/es $o( 0hich the compan% is esta+*ishe) a(e a** o( an% o$ the $o**o0in' p(o/i)e) that
pe(mission1app(o/a*1*icense $(om the 2o/e(nment o( its app(op(iate a'enc% an) the conce(ne)
*oca* 'o/e(nment a,tho(it% sha** +e o+taine) 0he(e/e( it is so (e3,i(e) +% *a0, (,*es o(
(e',*ations4
1& To p,(/e% a** 5in)s o$ IT p(o),cts an) ITE# (se(/ices) $o( *oca* an) $o(ei'n ma(5ets, inc*,)in'
'(aphic )esi'n, 0e+ )e/e*opment, 0e+ )esi'n, so$t0a(e )e/e*opment, 0e+ hostin', )omain (e'ist(ation,
e-comme(ce so*,tions, $i*m an) /i)eo p(o),ction s,ch as $eat,(e $i*ms, )oc,menta(ies, TV sho0s, a)
$i*ms, theat(e, )(ama, son's, (a)io spots an) .in'*es6 $i*m an) /i)eo shootin' an) a,)io (eco()in' an)
/i)eo1a,)io e)itin' in ana*o',e an) )i'ita* $o(mats, 7 an) 8 animation, ca(toonin', comics,
i**,st(ation, +oo5s, m,sic /i)eo an) specia* e$$ects, $i*m an) so,n) *i+(a(%, (esea(ch, 0(itin' an)
sc(iptin', p(e an) post p(o),ction se(/ices, $i*m, /i)eo an) photo'(aph% e3,ipment an) (enta*6 e/ents
)oc,menta(%, p(o),cts an) mo)e* photo'(aph% )a(5(oom $i*m )e/e*opment, p(intin' an) p(ocessin'
comp,te( +ase) photo (eto,chin', enhancement an) o,t p,t $o( p(int, +i**+oa()s, poste(s, s*i)e sho0s
an) inte(net ,p*oa)in' an) )o0n*oa)in', )i'ita* an) '(aphic a(t an) ima'in', ima'e *i+(a(% hostin' an)
photo a'enc%, $(amin' an) *amination6 me)ia p*acement $o( TV, (a)io, inte(net, ne0spape(s an)
ma'a9ines6 )es5top p,+*ication $o( p(e-p(ess )esi'n an) *a%o,t, c(eation, 0(itin' an) e)itin', s,pe(/ise
an) monito( p(int , /i)eo, m,sic p,+*ication an) p(o),ction 0ith in-ho,se an) comme(cia* o$$set an)
)i'ita* an) othe( p(intin' $aci*ities, +in)in' an) p(omotion $o( a** 5in)s o$ p(int p(o),cts s,ch as +oo5s,
Ma'a9ines ne0s*ette(s, ne0spape(, Cs, VCs, Vs, an) /i)eo6 photo'(aph% an) .o,(na*ist poo*
se(/ices, p(ess (e/ie0 an) c*ippin'6 )ata+ase mana'ement $o( contact an) )ata se(/ices inc*,)in' )ata
co**ection an) (esea(ch, )ata ent(% an) maintenance, )ata ma(5etin' an) (enta*, 0a(eho,sin',
pac5a'in', mai*e(s, )ata+ase ma(5etin', )ist(i+,tion, co,(ie(, an) in/ento(% mana'ement6 so$t0a(e
)e/e*opment an) ma(5etin'6 o,tso,(cin' $o( a** 5in)s o$ me)ia se(/ices6 comp,te( ai)e) an) man,a*
)e/e*opment o$ te:ti*e patte(ns an) )esi'ns, p(o),ction o$ +ati5s, si*5-sc(eenin', em+(oi)e(%, ai(+(,sh,
te:ti*e paintin' an) othe( techni3,es6 $ashion )esi'nin', tai*o(in', +o,ti3,e, 'a(ment accesso(ies, )esi'n
an) p(o),ction6 han)ic(a$t )esi'n, p(o),ction an) ma(5etin'6 $ine a(ts, sc,*pt,(e, ca(/in's, ce(amics,
inte(io( an) e:te(io( )esi'nin' an) )eco(ation6 an) p(o/i)e me)ia t(ainin' an) technica* se(/ices an)
contin,in' e),cation $aci*ities6 /i)eo con$e(encin' an) othe( a,)io /is,a* s,ppo(t&
7& To ca((% on a** 5in)s o$ a'enc% +,siness an) to ta5e pa(t in the mana'ement, s,pe(/ision o( cont(o*
o$ the +,siness o( ope(ations o$ an% othe( compan%, association, $i(m o( pe(son an) to act as a )i(ecto( o$
o( as the mana'in' a'ent, a'ents, sec(eta(ies, o( othe( o$$ice(s o$ an% s,ch compan%, association, $i(m o(
pe(son an) in connection the(e0ith to appoint an) (em,ne(ate an) )i(ecto(s, acco,ntants an) othe(
e:pe(ts, a'ents o( emp*o%ees&
8& To ca((% on the +,siness o$ me(chants an) a'ents in a** thei( +(anches, an) to impo(t, e:po(t, +,%,
se** an) )ea* in an) 0ith, 0hethe( as p(incipa*s, a'ents, +(o5e(s, o( othe(0ise, s,+stance an) a(tic*es o$
e/e(% o( an% )esc(iption, an) to ca((% on a** o( an% o$ the +,sinesses o$ t(a)e( impo(te(s, man,$act,(e(s,
+,%in' an) se**in' a'ents, 0ho*esa*e an) (etai* )ea*e(s in a** an) e/e(% 5in) o$ 'ene(a* p(o),ce,
- 2 -
s,+stances, 'oo)s, cons,ma+*e items, mate(ia*s, me(chan)ise, an) a(tic*es, $(om in an) to a** pa(ts o$ the
0o(*)&
4& To act as t(a)e(, e:po(te(, impo(te(, man,$act,(e( o$ a** cons,me( 'oo)s, $oo)s, cosmetics, toi*et(ies,
e*ect(ic an) e*ect(onics 'oo)s etc& To p,(chase, othe(0ise ac3,i(e *an), $*at, $*oo( space, +,i*)in' an)
ma5e const(,ction on *an) as +,siness o$ the compan%& To ca((% on +,siness as )e/e*ope( (ea* state,
+(o5e(, )ist(i+,to( o$ cons,ma+*e items, )ea*e(s, 0ho*esa*e(, (etai*e(& To set ,p, esta+*ish an) ca((% on
+,siness on p(intin' p(ess&

;& To app*% $o(, ac3,i(e an) ho*) an% cha(te(s, p(i/i*e'es, patents, monopo*ies, *icenses, concessions, o(
othe( (i'hts, po0e(s $(om an% 'o/e(nment o( state o( an% potentate o( *oca* o( othe( a,tho(it%, o( $(om
an% compan%, co(po(ation, $i(m, pe(son o( pe(sons an) to e:e(cise, ca((% on, )e/e*op an) 0o(5 an%
po0e(s, (i'hts o( p(i/i*e'es so o+taine)&
<& To s,+sc(i+e $o(, ,n)e(0(ite, p,(chase o( othe(0ise an) ho*), se** an) )ispose o$ )e+ent,(es, +on)s
sha(es, stoc5s, 2o/e(nment an) othe( sec,(ities a*so ,n)e(ta5in's, mo(t'a'es, po*icies, +oo5 )e+ts,
c*aims, an) o+*i'ations o$ an% )esc(iption&
=& To $aci*itate an) enco,(a'e the c(eation, iss,e o( con/e(sion o$ sha(es, stoc5s, )e+ent,(es, )e+ent,(e-
stoc5, +on)s, o+*i'ations an) sec,(ities an) to act as t(,stees in connection the(e0ith an) to ta5e pa(t in
the con/e(sion o$ +,siness conce(ns an) ,n)e(ta5in's into companies an) the ama*'amation,
(econst(,ction an) p(omotion o$ companies&
>& To +,%, se**, imp(o/e, mana'e, *ease, ho*), ac3,i(e +,siness, p(ope(ties, assets, )ispose o$ an) )ea* in
an% p(ope(t% (ea* o( pe(sona*, o( (i'hts o$ an% 5in)s 0hich ma% appea( to +e necessa(% o( con/enient $o(
an% +,siness o$ the Compan% (0hethe( in -an'*a)esh o( e*se0he(e) an) to )e/e*op an) t,(n to acco,nt
an) )ea* 0ith the same in s,ch manne( as ma% +e tho,'ht e:pe)ient&
9& To ama*'amate 0ith o( ente( into pa(tne(ship o( an% .oint p(o$it-sha(in' a((an'ement 0ith o( co-
ope(ate in an% 0a% 0ith an% compan%, $i(m o( pe(son ca((%in' on o( p(oposin' to ca((% on an% +,siness
0ithin the o+.ects o$ Compan%&
1?& To p(omote an% compan% 0hethe( in -an'*a)esh o( e*se0he(e 0hose o+.ects sha** inc*,)e the
ac3,isition o$ a** o( the assets o( *ia+i*ities o$ this Compan% o( the p(omotion o$ 0hich sha** +e
consi)e(e) to +e ca*c,*ate) to a)/ance )i(ect*% o( in)i(ect*% the o+.ect o$ this Compan% o( the inte(ests o$
its mem+e(s&
11& To )o an% othe( +,siness o( to in/est an% mone%s o$ the compan% in s,ch in/estment as ma% +e
tho,'ht p(ope( an) to ho*), se** o( othe(0ise )ea* 0ith s,ch in/estment in -an'*a)esh o( an% pa(t o$ the
0o(*)& To )o a** o( an% o$ the thin's an) matte(s a$o(esai) in an% pa(t o$ the 0o(*) an) eithe( as
p(incipa*, a'ent cont(acto(s, t(,stees, nominees o( othe(0ise an) +% o( th(o,'h t(,stees, a'ents o(
othe(0ise an) eithe( a*one o( in con.,nction 0ith othe(s&
17& @(o/i)e) that nothin' he(ein containe) sha** empo0e( the compan% to ca((% on the +,siness o$
+an5in'& An) it is he(e+% )ec*a(e) that the 0o() Acompan%B sa/e 0hen ,se) in (e$e(ence to this compan%
in this c*a,se sha** +e )eeme) to inc*,)e an% pa(tne(ship o( othe( +o)% o$ pe(sons, 0hethe( inco(po(ate)
o( not inco(po(ate), 0hethe( )omici*e) in -an'*a)esh o( e*se0he(e&
IV) The *ia+i*it% o$ the mem+e(s is *imite)&
V) The a,tho(i9e) sha(e capita* o$ the compan% is T5& 1,??,??,???1- (One C(o(e) )i/i)e) into
1?,??,??? (Ten "ac) O()ina(% #ha(es o$ T5&1?1- each& The compan% sha** ha/e the po0e( to
inc(ease an) (e),ce the capita* an) to )i/i)e the sha(es in the capita* $o( the time +ein' into
se/e(a* c*asses an) to attach the(eto (especti/e*% s,ch p(e$e(entia*, 3,a*i$ie), )e$e((e) o( specia*
(i'hts o( p(i/i*e'es o( con)itions as ma% +e )ete(mine) +% o( in acco()ance 0ith the a(tic*es o$
the Compan% an) to /a(% o( mo)i$% o( a((o'ate an% s,ch (i'hts, p(i/i*e'es an) con)itions as ma%
$o( the time +ein' +e p(o/i)e) the (e',*ations o$ the Compan% an) conso*i)ate o( s,+-)i/i)e) the
sha(es an) iss,e sha(es o$ hi'he( o( *o0e( )enominations&
- 3 -
Name, A))(ess, Nationa*it% C
Occ,pation o$ the #,+sc(i+e(
N,m+e( o$ #ha(es Ta5en
+% Each #,+sc(i+e(
#i'nat,(e o$ the
#,+sc(i+e(s
#i'nat,(e o$ the
Ditnesses
1% "aha#a "ostafa
Fathe( 4 2o*am Mosta$a
Mothe( 4 Eami)a Mosta$a
@e(manent A))(ess4 FMa:e* An.a*iF,
Apt&G --1, @*otG 79, Roa)G 1<, #ecto(G 8,
!tta(a Mo)e* To0n, ha5a 178?
@(esent A))(ess4 FMa:e* An.a*iF, Apt&G
--1, @*otG 79, Roa)G 1<, #ecto(G 8,
!tta(a Mo)e* To0n, ha5a 178?
ate o$ -i(th 4 ?; A,',st 19=4
TIN 4 77>1?>-<1>=
Nationa* I 4 7<99;?191;184?
e-mai* 4 maha+,+aHa(anee&o('
-,siness, -an'*a)eshi
1?,???
&% "d% Anayet '((ah !iddi)#e
Fathe(4 M)& Ash(a$,( Rahman #i))i3,e
Mothe(4 Ia5ia Jeasmin #i))i3,a
@e(manent A))(ess4 Eo,se4 18=, Vi**a'e4
sat'aon, Thana--i.o%na'a(, ist(ict4
-(ahman+a(ia&
@(esent A))(ess4 Eo,se-;;11,east na5ha*
pa(a,Te.'aon, ha5a
ate o$ -i(th 4 8? No/em+e( 19>8
Mo+i*e 4 ?1>41 ;4< ;4=
TIN 4
Nationa* I K 1711887488;78
e-mai* 4 ana%etHa(anee&o('
-,siness, -an'*a)eshi
1?,???
*% !e(ina !#(tana
Fathe( 4
Mothe( 4 #,*tana Ia5i%a
@e(manent A))(ess4 Apt&G A4, @*otG 87,
Roa)G 1>, #ecto(G 8, !tta(a Mo)e*
To0n, ha5a 178?
@(esent A))(ess4 Apt&G A4, @*otG 87,
Roa)G 1>, #ecto(G 8, !tta(a Mo)e*
To0n, ha5a 178?
ate o$ -i(th 4 4 No/em+e( 19==
TIN 4 77>-1?8-?8>71#a->7
Nationa* I - 7<99;?197;?=1
e-mai* 4 #e*inaHa(anee&o('
-,siness, -an'*a)eshi
7;,???
4% +ame, "d% +ahid-#.-.aman
Fathe( 4 La(i M)& Jeea( Mam,)
Mothe( 4 Eami)a -e',m
@e(manent A))(ess4 1>11A11, Na%ato*a,
-o(o Ma'h+a9a(, ha5a
@(esent A))(ess4 Eo*)in' No& =11, -*oc5-
A, Da() No& 8, Moha**ah4 -ino) -ai),
#a/a(, ha5a
ate o$ -i(th 4 ?1-?;-19>4
TIN 4 49>-1??-<4;>
Nationa* I 4 7<7=7?8;79;<9
e-mai* 4 nameHa(anee&o('
-,siness, -an'*a)eshi
1?,???
- 4 -
Tota* 4?,??? sha(es
Tota( /orty Tho#sand !hares
ate)4 )a% o$ , 7?18&
T01 C$"PA+I1! ACT 1994
(ACT% XVIII $/ 1994)
A P2IVAT1 C$"PA+3 LI"IT14 53 !0A21!
Artic(es of Association
of
Aranee Limited
P21LI"I+A23
1 The Re',*ations containe) in the sche),*e-1 o$ the companies Act, 1994 sha** app*% to this compan%
0ith (espect to s,ch p(o/isions as a(e app*ica+*e to a @(i/ate "imite) Compan%, so $a( on*% as the% a(e
not ne'ati/e o( mo)i$ie) +% o( a(e not containe) in the $o**o0in' a(tic*es o( an% othe( a(tic*es that ma%
$(om time to time +e $(ame) +% the compan%&
I+T12P21TATI$+
7 In const(,in' o$ these A(tic*es ,n*ess the(e sha** +e somethin' (ep,'nant in the s,+.ect o( conte:t
inconsistent the(e 0ith 4-
a& FActF means the Companies Act, XVIII o$ 1994&
+& FCompan%F means the A(anee "imite)&
c& FO$$iceF means the Re'iste(e) O$$ice o$ the Compan% $o( the time +ein'&
)& FJea(F means the $isca* %ea( as $o**o0e) +% the Compan%&
e& FMonthF means the ca*en)a( month acco()in' to the En'*ish Ca*en)a( %ea(&
$& Fi(ecto(sF means the -oa() o$ i(ecto(s o$ the Compan% $o( the time +ein'&
'& F-oa()F o( F-oa() o$ i(ecto(sF means the -oa() o$ i(ecto(s o$ the Compan% $o( the
time +ein'&
h& FIn D(itin'F means 0(itten o( p(inte), pa(t*% 0(itten an) pa(t*% p(inte) an) inc*,)es
*itho'(aph%, t%pe p(inte) an) othe( means (ep(esentin' 0o() in a /isi+*e $o(m&
i& Do() impa(tin' the sin',*a( n,m+e( on*% inc*,)es the p*,(a* n,m+e( an) /ice /e(sa&
.& FMem+e(F means the *e'a* o0ne( the sha(e name 0he(e o$ +ein' appea(e) in the
Mem+e(s (e'iste(&
P2IVAT1 C$"PA+3
8& The Compan% is a @(i/ate "imite) Compan% 0ithin the meanin' o$ section 7(1) ,n)e( c*a,se (M) o$ the
companies Act,1994 an) acco()in'*% the $o**o0in' sha** app*%4-
a& No in/itation sha** +e iss,e) to the p,+*ic to s,+sc(i+e $o( an% sha(e, )e+ent,(e o$ the
compan%6
+& The n,m+e( o$ mem+e(s o$ the Compan% (e:c*,si/e o$ the pe(sons in the emp*o%ment o$ the
compan%) sha** +e *imite) to $i$t%6 an)
c& The (i'ht to t(ans$e( sha(es o$ the compan% is (est(icte) in the manne( an) to the e:tent
he(eina$te( p(o/i)e)&
!0A21 CAPITAL
- 5 -
4& The A,tho(i9e) #ha(e Capita* o$ the Compan% is T5& 1,??,??,???1- (One C(o(e) )i/i)e) into
1?,??,??? (Ten "ac) O()ina(% #ha(es o$ T5&1?1- each 0ith po0e( to inc(ease o( (e),ce the 3,antit% o(
/a*,e o$ its sha(es& #,+.ect to the p(o/isions o$ the A(tic*es, the sha(e sha** +e ,n)e( the cont(o* o$ the
)i(ecto(s 0ho ma% a**ot o( othe(0ise )ispose o$ the same&
!0A21 C12TI/ICAT1
;& The ce(ti$icate o$ tit*e to sha(e an) ),p*icate the(eo$ 0hene/e( necessa(% sha** +e iss,e) to the
mem+e(s ,n)e( the common sea* o$ the compan% an) sha** +e si'ne) +% the Chai(man an) Mana'in'
i(ecto( o$ the compan%& I$ an% sha(e ce(ti$icate is )e$ace), 0o(n o,t, )est(o%e) o( *ost, it ma% +e (e-
iss,e) on s,ch e/i)ence +ein' p(o),ce) an) s,ch in)emnit% (i$ an%) +ein' 'i/en as the i(ecto(s (e3,i(e
an) (in case o$ )e$acement o( 0ea(in' o,t) on )e*i/e(in' o$ the o*) ce(ti$icate an) on pa%ment o$ s,ch
s,m not e:cee)in' T5&;&?? as the i(ecto(s ma% $(om time to time (e3,i(e& The compan% sha** ha/e a
pa(amo,nt *ien on e/e(% sha(e (not +ein' a $,**% pai) sha(e) $o( a** mone%s ca**e) o( pa%a+*e at a $i:e)
time in (espect o$ that sha(e, the compan% *ien, i$ an%, on a sha(e sha** e:ten) to a** )i/i)en)s pa%a+*e
the(eo$&
T2A+!/12 A+4 T2A+!"I!!I$+ $/ !0A21!
<& No t(ans$e( o$ an% sha(e sha** +e ma)e o( (e'iste(e) 0itho,t the app(o/a* o$ the -oa() o$ i(ecto(s
0ho ma% 0itho,t assi'nin' an% (eason )ec*ine to 'i/e an% s,ch app(o/a* an) sha** )ec*ine an% t(ans$e(
in/o*/in' cont(a/ention o$ c*a,se 8(+) o$ these a(tic*es& No sha(e sha** +e t(ans$e((e) to an% o,tsi)e(s as
*on' as an% e:istin' mem+e( is 0i**in' to p,(chase the same at a $ai( /a*,e to +e )ete(mine) +% the
i(ecto(s in a -oa() Meetin'& The ce(ti$icate o$ sha(es sha** accompan% the Inst(,ment o$ T(ans$e( o$
sha(es $o( t(ans$e( o$ sha(es p(e/io,s*% app(o/e) +% the -oa() o$ i(ecto(s& In the case o$ )eath o$ a
mem+e(, the s,(/i/o( 0he(e the )ecease) 0as a .oint ho*)e(, an) the *e'a* pe(sona* (ep(esentati/e o$ the
)ecease) 0he(e he 0as a so*e ho*)e(, sha** +e the on*% pe(sons (eco'ni9e) +% the compan% as ha/in' an%
tit*e to his inte(est in the sha(es, +,t this A(tic*es )oes not (e*ease the estate o$ a )ecease) so*e1.oint
ho*)e( $(om an% *ia+i*it% in (espect o$ the sai) sha(e&
ALT12ATI$+ $/ CAPITAL
= The i(ecto(s ma% 0ith the sanction o$ the compan% in 2ene(a* meetin' inc(ease the sha(es capita*
s,ch s,m to +e )i/i)e) into sha(es o$ s,ch amo,nt as the (eso*,tion sha** p(esc(i+e& The compan% ma%
0ith specia* (eso*,tion, (e),ce the sha(e capita* in an% manne( an) 0ith an) s,+.ect to an% inci)ent
a,tho(i9e) an) consent (e3,i(e) +% *a0&
5$22$6I+7 P$612
>& The Mana'in' i(ecto( $(om time to time 0ith the app(o/a* o$ the -oa() o$ i(ecto(s ma% +o((o0
$(om an% so,(ce eithe( $(om an% comme(cia* o( sche),*e +an5s, o( $inancin' instit,tions o( $i(ms an%
s,m o$ mone% (e3,i(e) $o( the p,(pose o$ the compan% an) sec,(e the pa%ment o( (epa%ment o$ s,ch
mone% so +o((o0e) in s,ch manne( an) ,pon s,ch te(ms an) con)itions in a** (espects ),*% app(o/e) +%
the -oa() o$ i(ecto(s )eeme) $it in pa(tic,*a( +% h%pothecation o( cha('e on a** o( an% pa(t o$ the
p(ope(t% o$ the compan% (+oth p(esent an) $,t,(e) inc*,)in' its ,nca**e) capita* $o( the time +ein'&
71+12AL "11TI+7
9& The 'ene(a* meetin' o$ the compan% sha** +e he*) 0ithin ei'hteen months $(om the )ate o$
inco(po(ation o$ the compan% an) the(ea$te( once in e/e(% ca*en)a( %ea( (not +ein' mo(e than $i$teen
months a$te( ho*)in' o$ the *ast p(ece)in' 'ene(a* meetin') at s,ch time an) p*ace as ma% +e )eci)e) +%
the i(ecto(s o$ the compan%& The a+o/e mentione) 'ene(a* meetin' sha** +e ca**e) FORINARJ
2ENERA" MEETIN2F an) a** othe( 'ene(a* meetin' o$ the compan% sha** +e ca**e) FEXTRA-
ORINARJ 2ENERA" MEETIN2F& The i(ecto(s ma% at an% time ca** an e:t(a-o()ina(% 'ene(a*
- 6 -
meetin' an) an e:t(a-o()ina(% 'ene(a* meetin' ma% a*so +e ca**e) on (e3,isition ma)e +% the
sha(eho*)e(s in acco()ance 0ith the p(o/isions o$ section >4 o$ the companies Act 1994&
P2$C114I+7 $/ 71+12AL "11TI+7
1?& #,+.ect to the p(o/ision o$ section >=(7) o$ the Companies Act, (e*atin' to specia* (eso*,tions at *east
$o,(teen )a%s notice speci$%in' the p*ace, the )a% an) the ho,( o$ the 'ene(a* meetin' an) in case o$
specia* +,siness, the 'ene(a* nat,(e o$ s,ch +,siness, sha** +e 'i/en to the mem+e(s in s,ch manne( as
ma% +e p(esc(i+e) +% the compan% in a 'ene(a* meetin', +,t acci)enta* omission to 'i/e s,ch notice, to
o( non-(eceipt o$ s,ch notice +% an% mem+e( sha** not in/a*i)ate the p(ocee)in's o$ the 'ene(a* meetin'&
A 'ene(a* meetin' ma%, 0ith the consent in 0(itin' o$ the enti(e mem+e( +e con/ene) +% a sho(te( notice
an) in an% manne( the% thin5 s,ita+*e& No +,siness sha** +e t(ansacte) at an% 'ene(a* meetin' ,n*ess the
3,o(,m o$ mem+e(s is p(esent at the time 0hen the meetin' p(ocee)s to t(ansact +,siness& 4 (Fo,()
mem+e(s pe(sona**% p(esent sha** $o(m the 3,o(,m o$ an% 'ene(a* meetin'&
8'$2'"
11& !nti* othe(0ise )ete(mine) +% the Compan% in Ann,a* 'ene(a* meetin' 1 -oa() Meetin' 4 (Fo,()
i(ecto(s p(esent in pe(son sha** $o(m the 3,o(,m o$ the meetin's&
V$T1 $/ "1"512!
17& No mem+e( sha** +e entit*e) to /ote ,n*ess a** insta**ments o( ca**s o( othe( s,m o( s,ms p(esent*%
pa%a+*e +% him, in (espect o$ his ho*)in' o$ sha(es in the compan% has +een& The compan% ma% appoint
o( (emo/e a i(ecto( $(om the compan% in its Ann,a* 2ene(a* Meetin'&
4I21CT$2!
18& !nti* othe(0ise )ete(mine) in the 'ene(a* meetin' the n,m+e( o$ i(ecto(s o$ the compan% sha** not
+e *ess than T0o an) not mo(e than Thi(t%&
The $o**o0in' pe(sons sha** +e the $i(st i(ecto(s o$ the compan%&
1& Maha+,+a Mosta$a
7& M) Ana%et !**ah #i))i3,e
8& #e*ina #,*tana
4& M)& Nahi)-,9-9aman
The 3,a*i$ication o$ a i(ecto( sha** +e ho*)in' o$ sha(e o$ 7;? (T0o h,n)(e) $i$t%) o()ina(% sha(es o$
T5&1??1- each in the #ha(e Capita* o$ the Compan% in his1he( o0n name a*one an) not .oint*% 0ith an%
othe(s& The (em,ne(ation o$ a i(ecto( sha** not e:cee) T5&;??1- (Ta5a $i/e h,n)(e)) each $o( meetin'
o$ the i(ecto(s atten)e) +% him to'ethe( 0ith s,ch t(a/e*in' an) othe( e:penses as ma% +e inc,((e) $o(
atten)in' the meetin'& & I$ an% i(ecto( +e ca**e) ,pon to pe($o(m an% e:t(a se(/ice o( to ma5e an%
specia* e:e(tion $o( the Compan%, the i(ecto(s so )oin' ma% +e (em,ne(ate) eithe( +% a $i:e) s,m o( +%
a pe(centa'e on the p(o$it o$ the Compan% as ma% +e )eci)e) +% the Compan% in 2ene(a* Meetin'&
E/e(% i(ecto( sha** /acate his o$$ice in the e/ent o$4 i$-
a) Ee $ai*s to o+tain the 3,a*i$%in' sha(e&
+) Ee +ecomin' +an5(,pt o( inso*/ent o( on +ecomin' ,nso,n) min)&
c) Ee (esi'nin' $(om the o$$ice +% 'i/in' notice in 0(itin' to the compan%&
)) An) i$ he acts in cont(a/ention o$ the section 1?>($) o$ the Companies Act 1994&
- 7 -
P$612 $/ 4I21CT$2!
14& The Mana'ement an) cont(o* o$ the +,siness o$ the compan% sha** +e /este) in the -oa() o$
i(ecto(s 0ho in a))ition to the po0e(s an) a,tho(ities +% these p(esents o( othe(0ise e:p(ess*%
con$e((e) on them ma% e:e(cise a** s,ch po0e(s an) )o a** s,ch acts an) thin's as ma% +e e:e(cise) o(
)one +% the compan% an) a(e not he(e+% o( +% the act e:p(ess*% )i(ecte) o( (e3,i(e) to +e e:e(cise) o(
)one the compan% in 'ene(a* meetin', +,t s,+.ect ne/e(the*ess to the p(o/isions o$ the act an) o$ these
p(esents an) to an% -%-*a0 $(om time to time ma)e +% the Compan% in 'ene(a* meetin', p(o/i)e) that no
(e',*ation so ma)e sha** in/a*i)ate an% p(io( act o$ the i(ecto(s 0hich 0o,*) ha/e +een /a*i) i$ s,ch
(e',*ation ha) not +een ma)e& Ditho,t p(e.,)ice to the 'ene(a* po0e(s con$e((e) +% the *ast p(ece)in'
A(tic*e an) the othe( po0e(s con$e((e) +% these p(esents, it is he(e+% e:p(ess*% )ec*a(e) that the
i(ecto(s sha** ha/e the $o**o0in' po0e(s that a(e to sa%, po0e(4-
1& To pa% the costs, cha('es an) e:penses p(e*imina(% an) inci)enta* to the p(omotion,
$o(mation, esta+*ishment an) (e'ist(ation o$ the Compan%&
7& To p,(chase o( othe(0ise ac3,i(e $o( the Compan% an% p(ope(t%, (i'hts o( p(i/i*e'es that the
Compan% is a,tho(i9e) to ac3,i(e at s,ch p(ice an) 'ene(a**% on s,ch te(ms an) con)itions, as
the% thin5 $it&
8& To pa% $o( an% p(ope(t%, (i'hts, an) p(i/i*e'es ac3,i(e) +% the compan% in cash o( in sha(es o$
the Compan% an) an% s,ch sha(es ma% +e iss,e) eithe( as $,**% pai) ,p o( 0ith s,ch amo,nt
c(e)ite) as pai) ,p the(eon as ma% +e a'(ee) ,pon&
4& To sec,(e the $,*$i**ment o$ an% cont(act o( en'a'ements ente(e) into +% the Compan% +%
mo(t'a'e o( cha('e on a** o( an% o$ the p(ope(t% o$ the Compan% an) its ,npai) capita* $o( the
time +ein' o( in s,ch othe( manne( as the% ma% thin5 $it&
;& To accept $(om an% mem+e(, on s,ch te(ms an) con)itions as sha** +e a'(ee) +,t s,+.ect to the
p(o/isions o$ the act, as s,((en)e( o$ his sha(e o( an% pa(t the(eo$&
<& To )ea* 0ith an% o$ the mone%s o$ the Compan% not imme)iate*% (e3,i(e) $o( the compan%Ns
p,(pose in o( ,pon s,ch in/estments o( sec,(ities (not +ein' sha(es in this compan%) an) in s,ch
manne( as the% ma% thin5 $it, an) $(om time to time to /a(% o( (ea*i9e s,ch in/estments&
=& To p(o/i)e $o( the 0e*$a(e o$ the emp*o%ees o( compan% an) thei( 0i/es an) )epen)ents an) to
a0a() +on,s o( othe( pa%ments $o( the +ene$its o$ s,ch pe(sons as ma% appea(s to the i(ecto(s
.,st p(ope( an) to set asi)e a po(tion o$ the p(o$it o$ the compan% to $o(m a $,n) to +,i*) o(
cont(i+,te to the +,i*)in' o$ ho,ses an) s,+sc(i+in' to p(o/i)ent $,n) an) othe( $,n)s an)
esta+*ishment o$ schoo*s, (ec(eation cente(s an) hospita*s 0hich 0i**, the opinion o$ the
i(ecto(s, ten) to inc(ease the (ep,te o$ the compan% amon' its emp*o%ees an) the p,+*ic&
4I!8'ALI/ICATI$+ $/ 4I21CT$2!
1;& (1) The o$$ice o$ the i(ecto(s sha** +e /acate) i$ 4-
a) he $ai*s to o+tain 0ithin the time speci$ie) in s,+-c*a,se (1) o$ section 9= o$ the companies Act,
1994 o( an% time the(ea$te( cease to ho*) the sha(e o$ 3,a*i$ication necessa(% $o( his appointment,
o(
+) he is $o,n) to +e a pe(son o$ ,nso,n) min) +% a co,(t o$ competent .,(is)iction, o(
c) he is a).,)'e) an inso*/ent, o(
)) he $ai*s to pa% ca**s ma)e on him in (espect o$ sha(es he*) +% him 0ithin si: months $(om the
)ate o$ s,ch ca**s +ein' ma)e, o(
e) he a+sents himse*$ $(om th(ee consec,ti/e meetin' o$ the i(ecto(s o( $(om a** meetin's o$ the
i(ecto(s $o( a contin,o,s pe(io) o$ th(ee month 0hiche/e( is *on'e( 0itho,t *ea/e o$ a+sence
$(om the -oa() o$ i(ecto(, o(
$) he acts in cont(a/ention o$ section 1?; o$ the companies Act& 1994&
- 8 -
C0AI2"A+
1<& Ms& "aha#a "ostafa sha** +e the $i(st Chai(man o$ the Compan% $o( a pe(io) o$ ; (Fi/e) %ea(s
$(om the )ate o$ inco(po(ation& Ee 0i** p(esi)e a** o/e( the meetin' an) s,pe(/ision a** the acti/ities o$
the compan%&

"A+A7I+7 4I21CT$2
1=& M(& M) Ana%et !**ah #i))i3,e sha** +e the $i(st Mana'in' i(ecto( o$ the compan% $o( a pe(io) o$ ;
(Fi/e) %ea(s $(om the )ate o$ inco(po(ation& Eis (em,ne(ation sha** +e $i:e) +% the 'ene(a* meetin'&

#,+.ect the cont(o* an) s,pe(/ision o$ the -oa() o$ i(ecto(s, the Mana'in' i(ecto( sha** e:e(cise the
$o**o0in' po0e(s4-
a& Cont(o* o/e( the mana'ement o$ the +,siness o$ the compan% 0ith $,** po0e( to )o a** acts,
matte(s an) thin's )eeme) necessa(%, p(ope( an) e:pe)ient $o( ca((%in' on the no(ma* )a% to
)a% +,siness o$ the Compan%&
+& To ma5e an) si'n a** cont(acts to the +,siness o$ the Compan% inc*,)in' cont(acts $o( sa*es
an) p,(chases an) cont(acts $o( *eases o$ p(ope(t%&
c& To ha/e the en'a'ement an) )ismissa* o$ mana'e(s, othe( o$$ice(s, assistants, c*e(5s, a'ents
an) specia* se(/ices an) to )ete(mine thei( a,tho(ities an) ),ties an) to $i: thei( a,tho(ities
an) to $i: thei( (em,ne(ationNs&
)& F,** po0e( to )(a0, si'n, accept, en)o(se an) ne'otiate, on +eha*$ o$ the compan%, a** +i**s o$
e:chan'e, p(omisso(% notes, che3,es, 'o/e(nment pape(s an) sec,(ities an) a** othe(
inst(,ments as sha** necessa(%, p(ope( an) e:pe)ient $o( ca((%in' on the +,siness o$ the
compan%&
e& To si'n a** (eceipt $o( mone% pai) to the compan% an) a** /o,che(s o$ pa%ment ma)e +% the
compan% an) s,ch si'nat,(e sha** +e an e$$ect,a* )ischa('e $o( the mone%Ns the(ein state) to ha/e
+een (ecei/e) o( pai)&
$& A** the po0e(, a,tho(it% an) )isc(etion o$ the -oa() o$ i(ecto(s o$ the Compan% e:cept as
those 0hich a(e othe(0ise state) +% the Companies Act 1994 o( +% these p(esents a(e e:p(ess*%
)i(ecte) to +e e:e(cise) +% the -oa() o$ i(ecto(s co**ecti/e*% o( +% the sha(eho*)e(s in 'ene(a*
meetin'&
5A+9 ACC$'+T
1>& The compan% sha** open -an5 Acco,nt(s) 0ith an% sche),*e1Comme(cia*1@(i/ate -an51-an5s in
-an'*a)esh an) a+(oa) an) sha** +e ope(ate) the same +% the Chai(man o( Mana'in' i(ecto( o( as pe(
)ecision +% the -oa() o$ i(ecto(s o$ the compan%&

A4VI!$2
- 9 -
19& The -oa() o$ i(ecto(s ma% $(om time to time appoint an% s,ita+*e an) accepta+*e pe(son(s) as
A)/iso( o$ the Compan% an) $i: ,p his (em,ne(ation&
+$TIC1
7?& Dhen a notice is sent +% (e'iste(e) post , se(/ice o$ the notice sha** +e )eeme) to +e e$$ect,a* +%
p(ope(*% a))(essin', p(epa%in' an) postin' a *ette( containin' the notice an) ,n*ess cont(a(% is p(o/e)
to ha/e +een e$$ect at the tit*e 0hich the *ette( 0o,*) +e )e*i/e(e) in the o()ina(% co,(se o$ post& A notice
ma% +e 'i/en to an% mem+e( o$ the compan% eithe( pe(sona**% o( +% sen)in' it +% post, +% $a:, +% te*e: o(
th(o,'h e-mai* to his (e'iste(e) a))(ess&
ACC$'+T! A+4 A'4IT
71& The i(ecto(s sha** ca,se to +e 5ept p(ope( +oo5s o$ acco,nt 0ith (espect to4-
a& A** s,ms (ecei/e) an) spent +% the Compan%&
+& A** sa*es an) p,(chases o$ 'oo)s an) se(/ices +% the Compan%&
c& The assets an) *ia+i*ities o$ Compan%&
The +oo5s o$ acco,nt sha** +e 5ept at the (e'iste(e) o$$ice o$ the Compan% o( at s,ch p*ace as the
i(ecto(s sha** thin5 s,ita+*e an) sha** +e open to inspection +% the i(ecto(s ),(in' +,siness ho,(s&
Once at *east e/e(% %ea( the acco,nts o$ the Compan% sha** +e e:amine) an) the co((ectness o$ the p(o$it
an) *oss acco,nt an) +a*ance sheet asce(taine) +% one o( mo(e A,)ito(s appointe) $o( the p,(pose an)
the p(o/ision o$ section 71? to 718 o$ the companies Act 1994&The compan% in 'ene(a* meetin' sha** $i:
the (em,ne(ation o$ the a,)ito(s e:cept that the% $i: the (em,ne(ation o$ an% a,)ito( appointe) +% the
-oa() o$ i(ecto(s&
A++'AL 21T'2+!
77& The compan% sha** comp*% 0ith the p(o/ision o$ section 8< o$ the companies Act as to the ma5in' o$
Ann,a* Ret,(n&
4IVI41+4 A+4 21!12V1!
78& The compan% in 2ene(a* Meetin' ma% )ec*a(e )i/i)en)s +,t no )i/i)en) sha** e:cee) the amo,nt
(ecommen)e) +% the i(ecto(s& The i(ecto(s ma% $(om time to time pa% the mem+e(s s,ch inte(im
)i/i)en)s as appea( to the i(ecto(s to +e .,sti$ie) +% the p(o$its o$ the compan%&
C$""$+ !1AL
74& The common sea* o$ the Compan% sha** not +e a$$i:e) to an% inst(,ment e:cept +% the a,tho(it% o$ a
(eso*,tion o$ the -oa() o$ i(ecto(s in the p(esence o$ at *east t0o i(ecto(s 0ho sha** si'n s,ch
inst(,ment to 0hich the sea* o$ the Compan% is so a$$i:e) in thei( p(esence&
I+41"+IT3
7;& The Mana'in' i(ecto( an) i(ecto(s, O$$ice(, #e(/ant sha** +e in)emnit% +% the Compan% $o( a**
*osses an) e:pen)it,(e inc,((e) +% him o( them (especti/e*% in o( a+o,t the )ischa('e o$ thei( ),t%
e:cept thei( 0i**$,* Act, ne'*ect o( )e$a,*t an) sha** +e the ),t% o$ the )i(ecto(s to pa% o,t o$ the $,n) o$
the compan% in cash a** *osses an) e:penses 0hich the Mana'in' i(ecto( o( an% othe( )i(ecto(s, o$$ice(s
o( se(/ants ma% in an% 0a% inc,( in the )ischa('e o$ his o( thei( ),ties an) the amo,nt $o( 0hich
- 10 -
in)emnit% is p(o/i)e) sha** imme)iate*% attach a *ien on the p(ope(t% o$ the compan% an) ha/e p(io(it%
o/e( a** c*aims&
!1C21C3
7<& The Chai(man an) Mana'in' i(ecto(, i(ecto(s, Mana'e(, #ec(eta(%, A,)ito(s, Acco,ntants,
O$$ice(s, A'ent o( othe( pe(son emp*o%e) in the +,siness o$ the compan% sha** ha/e to o+se(/e st(ict
sec(ec% (espectin' a** matte(s 0hich ma% to his o( thei( 5no0*e)'e in the )ischa('e o$ the ),ties 0hen
(e3,i(e) to )o so +% (eso*,tion o$ the compan% o( +% a co,(t o$ *a0 o( 0he(e the pe(sons connecte) is
(e3,i(e) to )o so in o()e( to comp*% 0ith an% p(o/ision o$ the *a0 o( in these p(esent&
A25IT2ATI$+
7=& I$ an) 0hene/e( an% )i$$e(ence sha** (aise +et0een the Compan% an) an% o$ the mem+e(s o$ thei(
(ep(esentati/e to,chin' the const(,ction o$ an% o$ the A(tic*e he(ein containe) o( an% Act& matte( o(
thin' ma), )one o( omitte) in (e'a() to the (i'hts an) *ia+i*ities a(isin' he(e,n)e( o( a(isin' o,t o$ the
(e',*ation e:istin' +et0een the pa(ties +% (easons o$ these p(esents o( o$ the stat,tes o( an% o$ them,
s,ch )i$$e(ence sha** +e $o(th0ith (e$e((e) to t0o A(+it(ato(s, one to +e appointe) +% each pa(t% an)
)i$$e(ence to an !mpi(e to +e chosen +% the A(+it(ato(s +e$o(e ente(in' on the consi)e(ation in
acco()ance 0ith the p(o/isions o$ the A(+it(ation Act, 7??1&
6I+4I+7 'P
7>& I$ the compan% sha** +e 0o,n) ,p, the s,(p*,s assets sha** (s,+.ect to an% (i'hts attache) to specia*
c*ass o$ sha(es $o(min' pa(t o$ the sha(e capita* $o( the time +ein' o$ the compan%) +e app*ie) $i(st in the
pa%ment o$ the capita* pai) ,p on the o()ina(% sha(es an) the e:cess (i$ an%) sha** +e )ist(i+,te) amon'
the mem+e(s ho*)in' o()ina(% sha(e in p(opo(tion o$ the mem+e( o$ o()ina(% sha(es he*) +% them
(especti/e*% at the commencement o$ the 0in)in' ,p&
- 11 -
De, the se/e(a* pe(sons 0hose names an) a))(ess a(e s,+sc(i+e) a(e )esi(o,s o$ +ein' $o(me) into
compan% in p,(s,ance o$ this A(tic*es o$ Association, an) 0e (especti/e*% a'(ee to ta5e the n,m+e( o$
sha(es in the capita* o$ this compan% set opposite to o,( (especti/e names4-
Name, A))(ess, Nationa*it% C
Occ,pation o$ the #,+sc(i+e(
N,m+e( o$ #ha(es Ta5en
+% Each #,+sc(i+e(
#i'nat,(e o$ the
#,+sc(i+e(s
#i'nat,(e o$ the
Ditnesses
1% "aha#a "ostafa
Fathe( 4 2o*am Mosta$a
Mothe( 4 Eami)a Mosta$a
@e(manent A))(ess4 FMa:e* An.a*iF,
Apt&G --1, @*otG 79, Roa)G 1<, #ecto(G 8,
!tta(a Mo)e* To0n, ha5a 178?
@(esent A))(ess4 FMa:e* An.a*iF, Apt&G
--1, @*otG 79, Roa)G 1<, #ecto(G 8,
!tta(a Mo)e* To0n, ha5a 178?
ate o$ -i(th 4 ?; A,',st 19=4
TIN 4 77>1?>-<1>=
Nationa* I 4 7<99;?191;184?
e-mai* 4 maha+,+aHa(anee&o('
-,siness, -an'*a)eshi
1?,???
&% "d% Anayet '((ah !iddi)#e
Fathe(4 M)& Ash(a$,( Rahman #i))i3,e
Mothe(4 Ia5ia Jeasmin #i))i3,a
@e(manent A))(ess4 Eo,se4 18=, Vi**a'e4
sat'aon, Thana--i.o%na'a(, ist(ict4
-(ahman+a(ia&
@(esent A))(ess4 Eo,se-;;11,east na5ha*
pa(a,Te.'aon, ha5a
ate o$ -i(th 4 8? No/em+e( 19>8
Mo+i*e 4 ?1>41 ;4< ;4=
TIN 4
Nationa* I K 1711887488;78
e-mai* 4 ana%etHa(anee&o('
-,siness, -an'*a)eshi
1?,???
*% !e(ina !#(tana
Fathe( 4
Mothe( 4 #,*tana Ia5i%a
@e(manent A))(ess4 Apt&G A4, @*otG 87,
Roa)G 1>, #ecto(G 8, !tta(a Mo)e*
To0n, ha5a 178?
@(esent A))(ess4 Apt&G A4, @*otG 87,
Roa)G 1>, #ecto(G 8, !tta(a Mo)e*
To0n, ha5a 178?
ate o$ -i(th 4 4 No/em+e( 19==
TIN 4 77>-1?8-?8>71#a->7
Nationa* I - 7<99;?197;?=1
e-mai* 4 #e*inaHa(anee&o('
-,siness, -an'*a)eshi
7;,???
4% +ame, "d% +ahid-#.-.aman
Fathe( 4 La(i M)& Jeea( Mam,)
Mothe( 4 Eami)a -e',m
@e(manent A))(ess4 1>11A11, Na%ato*a,
-o(o Ma'h+a9a(, ha5a
@(esent A))(ess4 Eo*)in' No& =11, -*oc5-
A, Da() No& 8, Moha**ah4 -ino) -ai),
1?,???
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#a/a(, ha5a
ate o$ -i(th 4 ?1-?;-19>4
TIN 4 49>-1??-<4;>
Nationa* I 4 7<7=7?8;79;<9
e-mai* 4 nameHa(anee&o('
-,siness, -an'*a)eshi
Tota* 4?,??? sha(es
Tota( /orty Tho#sand !hares
ate)4 )a% o$ , 7?18&
- 13 -