Notes to Accounts of MMS Infrastructure Ltd.

Mar 31, 2014

1. (a) Rights and preferences attached to Equity Shares

The Company has only one class of equity shares having a par value of Rs. 10 per share. Each holder of the equity shares is entitle to one vote per share. The Company declares and pays dividend in Indian rupees. The dividend proposed by Board of Directors is subject to approval of the shareholders in the ensuing Annual General Meeting.

In the event of liquidation of the Company the holders of Equity shares are entitled to receive remaining assets of the Company after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.

(b) Compnay has allotted 87,46,520 equity share as fully paid up pursuant to scheme of demerger without payment being received in cash.