JASAN LASERTECH & COATINGS PVT. LTD.
FACTORY ADD: BLDG NO. C2, Gala No.09-10, Bhumi World Industrial Park, Mumbai Nashik Highway, Bhiwandi,– 421302.
Email ID :- jasanlasertech@[Link]
[BOARD RESOLUTION UNDER SECTION 179(3)(d) AND SECTION 179(3)(f) OF THE COMPANIES ACT,2013]
CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF THE BOARD OF DIRECTORS OF
[JASAN LASERTECH & COATINGS PRAVATE LIMITED] HELD ON 17 October 2025 AT [04:00 PM] AT ITS REGISTERED
OFFICE Address AT [BUILDING NO. C-2, GALA NO. 09 & 10, GROUND FLOOR, BHUMI WORLD INDUSTRIAL PARK,
MUMBAI – NASHIK HIGHWAY, PIMPLAS VILLAGE, BHIWANDI – 421302.] IN WHICH PROPER QUORUM WAS PRESENT
AND THE SAID RESOLUTION HAS NOT BEEN SUBSEQUENTLY RESCINDED OR MODIFIED.
The Chairperson informed the Board that M/s [JASAN LASERTECH & COATINGS PRAVATE LIMITED] (“Company”) had
applied for Machinery Finance facility from Poonawalla Fincorp Limited (“PFL”). It was further informed that an amount
of INR 23,13,263.00 (INR Twenty three lakh thirteen thousand two hundred sixty three only) /- has been sanctioned by
PFL vide sanction letter bearing reference no.[ APPL00662585] dated [17/10/2025] issued by PFL (“Credit Facility”). One
of the Conditions for sanction of the Credit Facility to the Company and Co-Borrower is that the repayment of the Credit
Facility is to be inter alia secured by way of hypothecation over Machine (“Security”). The said sanction letter describing
the terms and conditions of the Credit Facility has been placed before the Board and the same has been taken note of by
the Board. The approval of the Board is to be accorded in accordance with Companies Act, 2013.
After discussions, the following resolution was unanimously passed: -
"RESOLVED THAT pursuant to Section 179(3)(d) read with Companies (Meetings of Board and its Powers) Rules, 2014
and other applicable provisions, if any, of the Companies Act, 2013 and subject to such modification and re-enactment
thereof and in supersession of earlier resolutions passed, consent of the Board of Directors of the Company be and is
hereby accorded to avail credit facilities up to
INR 23,13,263.00 (INR Twenty three lakh thirteen thousand two hundred sixty three only) /- from Poonawalla Fincorp
Limited (“PFL”) sanctioned by PFL vide sanction letter bearing reference no[APPL00662585] dated [17/10/2025] issued
by PFL (“Credit Facility”).
RESOLVED FURTHER THAT Board do hereby confirm that the Credit Facility to be availed by the Company, from PFL is
and shall always be within the total borrowing limits calculated in accordance with section 180(1)(c) of the Companies
Act, 2013 and the Board has obtained all such necessary approvals, permissions, sanctions as may be required in
accordance with provisions of section 180(1)(c) and Section 180 (1) (a) of the Companies Act, 2013 read with
Companies (Meetings of Board and its Powers) Rules, 2014.
RESOLVED FURTHER THAT pursuant to Section 179(3)(f) and Section 180(1)(a) of the Companies Act, 2013, and in
supersession of earlier resolutions passed, the Company be and is hereby authorized to provide security by way of
hypothecation over the Security for the repayment of the Credit Facility together with the applicable interest, costs,
charges, and expenses, and subject to such terms and conditions and for such period as it may deem fit and proper
from time to time.
RESOLVED FURTHER THAT Mr. OMKAR RAMNARESH PRAJAPATI, Mr. VIJAY CHANDULAL PANCHAL
Directors/Authorized Signatory of the Company be and are hereby jointly or severally authorized to take such steps as
may be necessary for obtaining approvals, statutory, contractual or otherwise, in relation to the above including
signing and execution of all deeds, applications, documents and writings that may be required, on behalf of the
Company and generally to do all acts, deeds, things etc. that may be necessary to give effect to this resolution.
RESOLVED FURTHER THAT Mr. OMKAR RAMNARESH PRAJAPATI, & Mr. VIJAY CHANDULAL PANCHAL Director(s) of
the Company be and are hereby severally authorized to file the requisite particulars of charge/ modification of charge
to be created by the Company with the Registrar of Companies.
RESOLVED FURTHER THAT the Company be and is hereby authorized to undertake and hereby undertakes that this
resolution shall not be amended / rescinded at any time without the prior written concurrence of PFL.
RESOLVED FURTHER THAT Mr. OMKAR RAMNARESH PRAJAPATI, [director] of the Company be and is hereby
authorized to furnish/ provide certified copy of this resolution to PFL and PFL be requested to act thereon.”
Mr. OMKAR RAMNARESH PRAJAPATI
Director
DIN : 09813564
Mr. VIJAY CHANDULAL PANCHAL
Director
DIN : 09813563