(Draft letter intimating change in constitution/name to be given by the ...

(Draft letter intimating change in constitution/name to be given by the member on its Letterhead)From,Date:M/s_________________________________,__________________To,Membership DepartmentNational Spot Exchange Ltd.FT Tower, 4 th FloorCTS No. 256 & 257Suren Road, Chakala,Andheri (East)Mumbai 400 093Dear Sir,Sub: Change in constitution/name* of our Company from _________________________________to ________________________________________________.Please take note that the constitution & /name of our Company has been changed from______________________________________to ________________________________ with effectfrom _____________. A certified true copy of certificate of modification issued by Registrar of Companiesis enclosed for your record. We request you to kindly effect the said change in your system/records andenable us to continue our trading and related activities on the Exchange in our new name and entity. Wehereby certify that this change of name of our entity is not accompanied by / associated with a change inconstitution / designated directors / shareholding pattern/ management / control / dominant promotergroup and the required net worth is maintained by us as per the norms of the Exchange. Further weundertake to comply with the formalities and documentation as may be required by the Exchange torecord the said change in its records.We undertake to forward a letter from __________________________________________ (name andaddress of bank) confirming the securities issued in our earlier name and their enforceability pursuant tothe change as aforesaid after approval of change of name by the Exchange. Please also find ourundertaking cum indemnity favoring the Exchange in this regard.Yours faithfully,For M/s ____________,______________________________Signature(s) of the designated director(Rubber stamp of the Company)Name –Encl: 1.2.* Strike off which is not applicable**Note: If there is any change in Designated director / Shareholding Pattern, approvalfor the same is to be obtained from the Exchange

To,Membership DepartmentNational Spot Exchange Ltd.FT Tower, 4 th FloorCTS No. 256 & 257Suren Road Chakala,Andheri (East)Mumbai 400 093Undertaking cum Indemnity(On stamp paper of Rs. 300/-. To be Notarised)(Undertaking cum indemnity to be given by member to NSEL)WHEREAS we are the Member of the National Spot Exchange Limited under the name and style of“________________________________” . And whereas we have changed our constitution / name*from _____________________________________ to _____________________________________ andhave requested you to effect the said change in your records accordingly, for all purposes and to enableus to continue to function as member of the Exchange under our new name and style. In consideration ofyour agreeing to accede to our request subject to the condition of our giving an undertaking andindemnity and documents in respect of change in constitution / name, we hereby undertake as follows:1.We shall not misuse our old name or entity and shall not mislead or misrepresent the Exchange or anyother person whosoever pursuant to the said change in name.2. We shall remain bound by all our actions, trades, deeds and representations whatsoever in relation tothe Exchange or its affiliates, carried out or done by us in our erstwhile entity/name and/or new entity/name and shall not hold the Exchange responsible in any manner whatsoever for such acts, deeds,trades and representations.3. We undertake to keep all our clients or constituents informed of the said change in constitution/nameand agree and undertake to the Exchange that we shall continue to be responsible for all our actionsdone for and/or on behalf of our said clients or on our own behalf, in our erstwhile name/entity and shallbe bound by the Rules, Bye-Laws and Regulations of the Exchange in respect of all our such actions andrepresentations as if the same were and are done by us in our present name and style.4. We shall indemnify the Exchange in case of any claims including that of third parties whatsoeverarising out of or by virtue of our change in name/constitution as above and we hereby authorize theExchange to hold and exercise any of its rights on all our monies and/or securities including BankGuarantees held by the Exchange in our erstwhile name and style and to apply such monies or securitieswherever necessary as if the same are held in our present name and style and we shall not dispute anysuch action of the Exchange in any manner whatsoever.We undertake to notify the Bank whose guarantee has been provided as security on our behalf, as to thesaid change in our name/constitution and the rights of the Exchange by virtue of the said BankGuarantee/s shall not in any way get affected by the said change and the subject bank Guarantee shallcontinue to be enforceable._________________Signature(s) of the designated director(Rubber stamp of the Co.)

5. We confirm that the signatory of these presents is duly authorized to execute this undertaking cumindemnity vide Board Resolution** dated _______________ passed by the Company, a certified truecopy of which is enclosed for reference.Signed this the _____________ day of __________________, 20 .For M/s__________________________ ____________________Signature(s) of the designated directorName –(Rubber stamp of the Co)Signed in my presence,_______________Notary

Board ResolutionCertified True Copy of a Board Resolution (certified to be True by Chairman of the Board) should befurnished wherein the person/s as authorized by the Board should have been granted the authority toapproach and to comply with the formalities & requirements of the National Spot Exchange Ltd. (NSEL),in connection with the change in the name of the Company and also for sign the Undertaking cumindemnity in favor of NSEL as may be required by it.Suggested format of Board Resolution: (To be given on the letterhead of the company)Certified True Copy of the Extracts of the Minutes of the Meeting of the Board of Directors of________________________ (name of the company), which was duly convened and where properquorum was present, held on ___________ (date of meeting), at ________________________ (addresswhere the meeting was held) .RESOLVED that pursuant to the change in the name of the company from ________________________(old name) To_______________________________ (new name) having been approved by Registrar ofCompanies __________________________ (mention region), dated ___________ (date on which thechange of name is approved by ROC as given in certificate) the company may approach the NationalSpot Exchange Limited (NSEL) requesting for incorporation of change of the company’s name in itsrecords.It was further RESOLVED that Mr./Ms. ___________________________________________________and Mr./Ms. _________________________________________ Designated Director/s are hereby jointlyand severally authorized to approach the NSEL for the necessary action in this connection and also toexecute on behalf of the company, an Undertaking cum Indemnity and/ or any other document/s in favorof NSEL.It was further resolved that a copy of the above resolution be furnished to NSEL, certified as True byMr./Ms.______________________________.Certified True CopyFor ______________________________(name of the company)_______________Signature of the designated directorName -Rubber stamp of the Co.Date:Place:

(On Company Letterhead)True extracts of the minutes of the meeting of the board of directors of the company..........................................................held on date ......................................... at the registered office................................................................................Resolved that the board authorizes................................................................ Ltd, to become a Tradingcum-ClearingMember (TCM) of National Spot Exchange Limited (NSEL)Further the board appoints Mr./Ms. ........................................................…..and Mr./Ms.......................................................... to be the authorized representative(s) of the company and they arehereby authorized to act as designated director(s) on behalf of the company for all matters related toNational Spot Exchange Limited (NSEL).Further resolved that Mr./Ms. .......................................………………………... and /or Mr./Ms..........................................……………………….. of the company are also authorized to sign jointly orseverally all documents / agreements on behalf of the company for acquiring the membership andoperations of National Spot Exchange Limited (NSEL).FOR AND ON BEHALF OF THE BOARD OF DIRECTORSCHAIRMANCOMPANY SEALDATE:PLACE:Specimen Signatures of Authorized SignatoriesName of Authorized Signatory1.2.3.4.Specimen SignatureSignatures AttestedChairman

(Letter to be given by the Bank to NSEL on its Letterhead)Date :To,Membership DepartmentNational Spot Exchange Ltd.FT Tower, 4 th FloorCTS No. 256 & 257Suren Road, Chakala,Andheri (East)Mumbai 400 093Dear Sir,We invite your reference to the following Fixed Deposit/Bank Guarantee issued and charged by in favor ofNSEL on behalf of M/s. ________________________.Sr. No. FDR No./BG No. Issue Date AmountWe wish to inform you that the Company has intimated us their change in constitution/name from_________________________ (Old name) to ___________________________(New name/entity) andhave requested us to confirm to you the continuation of the above stated FDR’s and Bank Guarantees intheir name issued in your favor. We therefore, hereby confirm that the FDRs and Bank Guaranteesreferred above and issued by us on behalf of _______________________ (Old name) shall be deemedto have been issued for and in the name of _______________________ (New name/entity) and shallcontinue to be valid and enforceable in spite of the change in constitution/name as above and weundertake to honour any claim or demand from you on account of ___________________ (New name)either in the name of __________________ (old name) or ____________________ (new name /entity).Thanking YouFor _____________ (Bank Name)Authorised SignatorySeal of the Bank

(Letter to be given by the Bank to NSEL on its Letterhead)To,Membership DepartmentNational Spot Exchange Ltd.FT Tower, 4 th FloorCTS No. 256 & 257Suren Road, ChakalaAndheri (East)Mumbai 400 093Dear Sir,Sub: Change in constitution/name – M/s ____________________________________________This is to certify that the title of the following accounts has been changed pursuant to the change in thename of the account-holder from ……………………………………………..………….(old name/entity) to……………………………………… (new name/entity) :Sr. Title of AccountNo.1. (New name of the applicant)-NSEL Settlement A/c2. (New name of the applicant)-NSEL Client A/c.Account NumberThanking you,For ______________ Bank,Authorised SignatorySeal of the BankCopy to : M/s _________________________________ (new name) – For information. Pl. refer your letterdated ____.