 

 

(f) “Electronic Mode” means electronic medium of communication including video
conferencing or other audio- visual means or other electronic communication
facility capable of being recorded, as may be applicable.

 

 

(g) “Investor Shares” are those shares subscribed to and held by IFC and Marina
(Originally SCPE subscribed shares) on fully diluted basis taking into account
shares arising from bonus, split or sub-division of shares. For the purpose of this
definition, IFC and Marina shall be collectively referred to as the “Investors” and
individually as the “Investor”. Post Listing, any acquisition of shares by the
Investors will not be reckoned as Investor Shares.

“Investor
Shares”” and
“"Investor’”

 

(h) “Key Managerial Personnel” in relation to a company, means -
(i) the Chief Executive Officer or the managing director or the manager;
(ii) the company secretary;
(iii) the whole-time director;
(iv) the Chief Financial Officer
(v)_ such other officer, not more than one level below the directors who is in
whole-time employment, designated as key managerial personnel by the

Board; and

(vi) such other officer as may be prescribed

“Key Managerial
Personnel”

 

() “Listing” means listing of the equity shares of the Company on any recognised
stock exchange in India pursuant to an initial public offering of the equity shares
of the Company

* Listing”

 

() “Memorandum” means the Memorandum of Association of the Company.

“Memorandum”

 

(kK) “Share” means a share in the share capital of a company and includes stock.

“Share”?

 

(D “Securities” means the securities as defined in clause (h) of section 2 of the
Securities Contracts (Regulation) Act, 1956 (42 of 1956).

“*Securities’’

 

 

 

 

 

 

 

 

 

(2) _ | Words importing the singular number shall include the plural number and words | “Number” and
importing the masculine gender shall, where the context admits, include the feminine | “Gender”
and neuter gender.

@)__| The terms “writing” or “written” include printing, typewriting, lithography, photography | “Writing” oF
and any other mode or modes (including electronic mode) of representing or reproducing | “Written”
words in a legible and non-transitory form.

(4) Unless the context otherwise requires, the words or expressions contained in these | Expressions in the
Articles, but not defined herein shall bear the same meaning as in the Act or any | Articles to bear
statutory modification, as the case may be, if not inconsistent with the subject or | the same meaning
context of these Articles. as in the Act.

(5) The marginal notes are inserted for convenience and shall not affect the construction | Insertion of
of these Articles. Marginal Notes.

SHARE CAPITAL, SECURITIES AND VARIATION OF RIGHTS

(1) Subject to the provisions of the Act, these Articles, SEBI Guidelines and other | Shares,
statutory provisions, if and where applicable, shares, depository receipts, debentures | Depository
and other securities that the company may propose to issue from time to time shall be | Receipts,
under the control of the Board of Directors who may allot the same to such persons, | Debentures and
on such terms and conditions, and either at a premium or at par, in such proportion | other Securities
and at such time as the Board may, from time to time, think fit. shall be under

the control of
Board.
@ | @_ The Company may issue the following Kinds of shares in accordance with these | Kinds of Share

 

Articles, the Act, the Rules and other Applicable Laws:

 

Capital

 

369

 
