(I) ICICI BANK LIMITED (CC ACCOUNT), NEW DELHI

“RESOLVED THAT with immediate effect and in supersession of earlier resolution the
following authorized signatories, subject to limits and mode of operation mentioned
hereunder, be and are hereby authorized to operate the Cash Credit, Term Loan and any
other accounts with the ICICI Bank, whether in debit or credit and to draw or endorse
cheques, make, endorse and accept bills, withdraw and deposit money, sign receipts and
give discharges for and on behalf of the company, and do any or all things necessary for
the conduct of the said accounts.”

Name of Authorized Individual Limits Joint Limits

Signatory

(i) Mr. Rajeev Grover Upto Rs. Two lakh Above Rs. Two lakh
Managing Director jointly with Mr. Vijay Khera or
Mr. Sanjeev Verma

(ii) Mr. Vijay Khera Upto Rs. Two lakh Above Rs. Two lakh
VP (Corp. Services) and upto Rs. Five lakh
jointly with Mr. Sanjeev Verma

Above Rs. Five lakhs

jointly with Mr. Rajeev Grover

(iii) Mr. Sanjeev Verma Upto Rs. Two lakh Above Rs. Two lakh
VP (Operations & BD) and upto Rs. Five lakh
jointly with Mr. Vijay Khera

Above Rs. Five lakh

jointly with Mr. Rajeev Grover

(iv) Mr. Vinay Kumar Gupta Upto Rs. One Lakh Above Rs. One lakh and
Executive (F&A) upto Rs. Five lakh jointly with
Mr. Vijay Khera or Sanjeev
Verma or Rajeev Grover

(v) Mr. Sushil Kalra Upto Rs.One Lakh Above Rs. One lakh and
Chief Accountant upto Rs. Five lakh jointly with
Mr. Vijay Khera or Sanjeev
Verma or Rajeev Grover

FURTHER RESOLVED THAT a certified copy of the resolution be forwarded to the ICICI
Bank, New Delhi for their record.
(II) ICICI BANK LIMITED (EEFC ACCOUNT), NEW DELHI

“RESOLVED THAT with immediate effect and in supersession of earlier resolution the
following authorized signatories, subject to limits and mode of operation mentioned
hereunder, be and are hereby authorized to operate the EEFC Account with the ICICI
Bank, whether in debit or credit and to draw or endorse cheques, make, endorse and
accept bills, withdraw and deposit money, sign receipts and give discharges for and on
behalf of the company, and do any or all things necessary for the conduct of the said
accounts.”

Name of Authorized Individual Limits Joint Limits

Signatory

(i) Mr. Rajeev Grover Upto US$ Four Above US$ Four Thousand
Managing Director Thousand jointly with
Mr. Vijay Khera or
Mr. Sanjeev Verma

(ii) Mr. Vijay Khera Upto US$ Four Above US$ Four Thousand and
VP (Corp. Services) Thousand upto US$ Ten Thousand
jointly with Mr. Sanjeev Verma

Above US$ Ten Thousand

jointly with Mr. Rajeev Grover

(iii) Mr. Sanjeev Verma Upto US$ Four Above US $ Four Thousand
VP (Operations & BD) Thousand and upto US$ Ten Thousand
jointly with Mr. Vijay Khera

Above US $ Ten Thousand

jointly with Mr. Rajeev Grover

(iv) Mr. Vinay Kumar Gupta Upto US$ Two Above US $ Two Thousand
Executive (F&A) Thousand and upto US$ Ten Thousand
jointly with Mr. Vijay Khera or
Mr. Sanjeev Verma or
Mr. Rajeev Grover

(v) Mr. Sushil Kalra Upto US$ Two Above US $ Two Thousand
Chief Accountant Thousand and upto US$ Ten Thousand
jointly with Mr. Vijay Khera or
Mr. Sanjeev Verma or
Mr. Rajeev Grover

FURTHER RESOLVED THAT a certified copy of the resolution be forwarded to the ICICI
Bank, New Delhi for their record.
(III) STATE BANK OF INDIA, NOIDA

“RESOLVED THAT with immediate effect and in supersession of earlier resolution(s),

State Bank of India, NOIDA be and is hereby authorized to honour cheques, bills of
exchange, promissory notes drawn, accepted or made on behalf of the company and to act
upon any instruction so given, relating to the account whether same be overdrawn or not or
relating to any transaction of the company, by the following authorized signatories as per
the limits and mode of operation mentioned hereunder: -

Name of Authorized Individual Limits Joint Limits

Signatory

(i) Mr. Rajeev Grover Upto Rs. Two lakh Above Rs. Two lakh
Managing Director and upto Rs. Five lakh
jointly with
Mr. Vijay Khera or
Mr. Sanjeev Verma

(ii) Mr. Vijay Khera Upto Rs. Two lakh Above Rs. Two lakh
VP (Corp.Services) and upto Rs. Five lakhs
jointly with
Mr. Rajeev Grover or
Mr. Sanjeev Verma

(iii) Mr. Sanjeev Verma Upto Rs. Two lakh Above Rs. Two lakh
Manager (Marketing) and upto Rs. Five lakh
jointly with
Mr. Rajeev Grover or
Mr. Vijay Khera

(iv) Mr. Durgesh Jharabade Upto Rs. One Lakh Above Rs. One lakh and
Service Coordinator upto Rs. Five lakh jointly
with Mr. Vijay Khera or Sanjeev
Verma or Rajeev Grover

(v) Mr. Vinay Kumar Gupta Upto Rs. One Lakh Above Rs. One lakh and
Executive (F&A) upto Rs. Five lakh jointly
with Mr. Vijay Khera or Sanjeev
Verma or Rajeev Grover

(vi) Mr. Sushil Kalra Upto Rs.One Lakh Above Rs. One lakh and
Chief Accountant upto Rs. Five lakh jointly
with Mr. Vijay Khera or Sanjeev
Verma or Rajeev Grover

FURTHER RESOLVED THAT a certified copy of the resolution be forwarded to the State
Bank of India, NOIDA for their record.
(IV) UTI BANK LIMITED, NOIDA

“RESOLVED THAT with immediate effect and in supersession of earlier resolution the
following authorized signatories, subject to limits and mode of operation mentioned
hereunder, be and are hereby authorized to operate the Cash Credit, Term Loan and any
other accounts with the UTI Bank Ltd. whether in debit or credit and to draw or endorse
cheques, make, endorse and accept bills, withdraw and deposit money, sign receipts and
give discharges for and on behalf of the company, and do any or all things necessary for
the conduct of the said accounts.”

Name of Authorized Individual Limits Joint Limits

Signatory

(i) Mr. Rajeev Grover Upto Rs. Two lakh Above Rs. Two lakh
Managing Director jointly with Mr. Vijay Khera or
Mr. Sanjeev Verma

(ii) Mr. Vijay Khera Upto Rs. Two lakh Above Rs. Two lakh
VP (Corp. Services) and upto Rs. Five lakh
jointly with
Mr. Sanjeev Verma

Above Rs. Five lakhs

jointly with
Mr. Rajeev Grover

(iii) Mr. Sanjeev Verma Upto Rs. Two lakh Above Rs. Two lakh
VP (Operations & BD) and upto Rs. Five lakh
jointly with Mr. Vijay Khera

Above Rs. Five lakh

jointly with
Mr. Rajeev Grover

(iv) Mr. Vinay Kumar Gupta Upto Rs. One Lakh Above Rs. One lakh and
Executive (F&A) upto Rs. Five lakh jointly
with Mr. Vijay Khera or Sanjeev
Verma or Rajeev Grover

(v) Mr. Sushil Kalra Upto Rs.One Lakh Above Rs. One lakh and
Chief Accountant upto Rs. Five lakh jointly
with Mr. Vijay Khera or Sanjeev
Verma or Rajeev Grover

FURTHER RESOLVED THAT a certified copy of the resolution be forwarded to the UTI
Bank Ltd., New Delhi for their record.