Ordinary Resolutions-Declaration of Dividend

A)

RESOLVED THAT the balance of__________ being the current years profit of the Company, after transfer of Rs.______________ to the general reserve and carry forward of Rs._______ in the profit and loss account, be as recommended by the Board of Directors applied for payment of dividend for the year ended ___subject to deduction of tax at source as under:-

i)                    On____shares at rate of eleven % per annum;

ii)                  On___ shares at the rate of 25% per share.

B)

RESOLVED THAT the recommendation of the Board of Directors of the Company for payment of __% dividend on the paid up equity share capital and 10% dividend in the __% dividend on the __ share capital of the Company be and is hereby approved and the dividend be so declared.

C)

RESOLVED THAT pursuant to the recommendations made by the Board of Directors of the Company, a dividend at he rate of rs.__ per equity share to the equity shareholders of the company whose names appear in the Register of Members as on__ be and is her by declared out of the current profits of the Company for the year ended on ___

RESOLVED that dividend warrants be posted within 30 days here of to all the shareholders who are entitled to receive the payment.