TRUST DEED

This Deed of Trust executed on this the 14th day of April, 2022 between :

Sri Siva Kumar Alagarsamy, S/o. Sri Kannusamy Alagarsamy, aged about 50 years, resident of Villa 36,
Jain Four Seasons, Kokapet, Gandipet, K V Rangareddy - 500075, Telangana

hereinafter called "Settlor of the Trust " (Party of the first part).

and

1. Sri Siva Kumar Alagarsamy, S/o. Sri Kannusamy Alagarsamy, aged about 50 years, resident of Villa 36,
Jain Four Seasons, Kokapet, Gandipet, K V Rangareddy - 500075, Telangana

2.Sri Badhe Ratnam Mahesh, Son of Late Sri Badhe Siva Ratnam, aged about 69 years, resident of 8-2-
293/82/A/511, Road No - 33 , Sattar Market, Jubilee Hills, Hyderabad – 500 033,

3.Smt. Alagarsamy Sadachiyammal, wife of Sri Kannusamy Alagarsamy, aged about 72 years, resident of
of Villa 36, Jain Four Seasons, Kokapet, Gandipet, K V Rangareddy - 500075, Telangana

(Hereinafter called " The Trustees" which expression shall unless repugnant to the context or meaning
thereof be deemed to include the survivors or survivor of them and the trustees or trustee for the time
being of these presents and their heirs, executors and administrators of the last surviving trustee, their or
his assignees) of the other part;

Whereas the party here to of the first part is possessed of the sum of Rs. 1,00,000/- (Rupees One Lakh
only) as his absolute property and he is desirous of creating a Charitable Trust for the benefit of the
humanity at large.

And whereas each of the parties hereto of the “Other Part has individually and jointly agreed to act as
Trustees of the Trust, proposed by the party of the first part.

NOW THIS DEED WITNESSETH AS FOLLOWS:

1. Settlement :

The party of the first part, the settlor, does hereby settle the sum of Rs. 1,00,000/- (Rupees One Lakh only)
in Trust, with the name and for the objects hereinafter stated, by delivering the said amount in cash which
the party of the other part, the Trustees, have accepted the receipt of which they do hereby acknowledge,
to hold the same in and to the Trustees with the powers and obligations as provided hereinafter and
further all such accumulations what so ever accruing to the Trust from time to time.

2. Name :

The Name of the entity shall be “SAI PRANAV SIVA KUMAR CHARITABLE TRUST’
3. Place :

The principal office of the Trust shall be situated at B-3103, My Home Bhooja, Gachibowli, Hyderabad-500
032.

Or such other place as the Trustees may from time to time decide. The Trust may also carry on its work at
any other place or places, as decided by the Trustees.

4. Objects :

The main objects of the Trust are as under :

i. Private Charitable activity.

ii. Education and Food & Shelter to the poor.
iii. Medical Health for all deserving people.
iv. Religion activity for the benefit of the Society.

5. Funds :

The Trustees may accept donations, grants, subscriptions, aids or contributions from any person,
Government, Local authorities or any other charitable institutions, in cash or in kind including immovable
property without any encumbrance, but the Trustees shall not accept any receipt with any condition or
terms inconsistent with the objects of the Trusts. While applying such receipts to the objects, the Trustees
shall respect the directions, if any, by the granter. Any receipt with specific direction to treat the same as
part of the corpus of the Trust or separate fund shall be funded accordingly.

6. Investments :

All monies, which shall not immediately required for current needs shall be invested by the Trustees in
eligible securities and investments, or in banks. Such investments shall be in the name of Trust and will be
governed by the provisions of Income Tax Act, 1961.

7. Trustees :

i. The number of Trustees shall at no time be less than two or more than five. The following shall be
the first Trustees.

a) Sri Siva Kumar Alagarsamy

b) Sri Badhe Ratnam Mahesh
c) Smt. Alagarsamy Sadachiyammal

They shall hold office until they resign or, except the above first three trustees, are removed by the
decision of the majority of Trustees at a meeting where at lease three Trustees are present.

ii. Sri Siva Kumar Alagarsamy, shall be the first Managing Trustee for his lifetime and cannot be
removed by any means.
iii. The vacancy created by resignation or removal of the Trustees, may be filled with the unanimous
choice of remaining Trustees. In the case of the Managing Trustee, the vacancy will be filled from
among the Trustees for the time being.

iv. The Trustees for the time being may co-opt any one person with outstanding qualities with
reference to the Trust objects to be the trustee whose tenure of office shall not be more than one
year at a time.

v. There shall be a Chairman for the Board of Trustees, who shall preside over all the meetings of the
Trust. Sri Siva Kumar Alagarsamy shall be the first Chairman of the Board of Trustee.

8. Power Of The Trustees :

a) The Trustees shall have all powers necessary or incidental for effectively carrying out the objects of the
Trust.

b) Subject to the general provisions of the Trust and without prejudice to the general and specified
powers conferred upon the Trustees by the other provisions contained in these presents, the Trustees
shall have the following powers also:

i) To apply the Trust monies to effectuate one object or some of the objects of the Trust in
preference to the other objects.

ii) To discontinue the application of Trust Funds to the objects and divert the funds to another
object.

iii) To decide the nature and functions of the institutions to be established by the Trust and to
decide whether and if so what existing institution or institutions may be taken over by the
Trust or to which any aid may be given.

iv) In case it is decided to render financial or other aid to any person or institution to decide what
terms and conditions should be complied by such person or institution.

v) To determine the terms and conditions on which any donations, subscriptions, scholarships or
prizes are to be given by the Trust.

vi) To expend the funds of the Trust in such manner as they shall consider most beneficial for the
purpose of the Trust.

vii) To acquire, build upon, pull down, rebuild, add to, alter, repair, improve, sell or dispose of any
land, building or premises for the use of the Trust and to acquire any movable property
required for the use of the Trust and to dispose of the same.

viii) To acquire any property in exchange for some other property or partly in such exchange and
partly for other consideration.

ix) To enter into any contracts on behalf of the Trust.

 x) To borrow any money upon the security of any of the property of the Trust and to grant
mortgages for securing the same or without any security and upon such terms and conditions
the Trustees may deem fit.

xi) To make and from time to time repeal and/or alter regulations.

a) As to the management of the Trust and the affairs thereof.

b) As to the duties and remuneration of any officer or servants of the Trust.
c) As to the conduct or any of the matters or things with in the powers or under the control
of the Trustees provided that the same shall not be inconsistent with the provisions
contained in these presents.

xii) To settle out of court, compromise or compound all suits, actions and other proceedings and
all differences and demands and to refer all or any of such differences or demand to arbitration
and to execute release and to settle and approve all accounts without being answerable for
any loss occasioned thereby.

xiii) To appoint and dismiss Managers, Secretaries, Clerks and other staff and workers required for
working of its business or industry and for general management of the affairs of the Trust.

xiv) To make changes in the object of the Trust which are consistent with the attainment of the
main object.

9. Proceedings Of The Trustees :

i. The Trustees shall hold such meetings as may from time to time be necessary for considering any
matter connected with the Trust or its affairs or to transact any business of the Trust and may be
held at such places as the Managing Trustee may decide. The meeting of the Trustees shall be held
at least one in three months. Two Trustees present shall form a quorum for the meeting.

ii. In the absence of the Chairman at any meeting, the Trustees who may be present at the meeting
may nominate a Chairman for the meeting as prescribed by the rules.

iii. The proceedings of the Trust Meetings shall be kept recorded in a Minute Book. The Managing
Trustee shall have the custody of all deeds and documents of title relating to Trust properties and
investments and books of accounts and other records relating to the Trust and shall be responsible
for the same.

iv. In case of difference of opinion arising among the Trustees and the votes are equally divided, the
Chairman shall have casting vote, which shall be final and binding on the other Trustees.
10. Banking Account :

All income, subscription and pecuniary donations for the general purposes of the Trust and the income,
investments and all other moneys from time to time forming part of the general revenue of the Trust shall
on the same being received be paid into a banking account with any scheduled bank for the purpose of the
Trust. The bank accounts shall be operated by the Managing Trustee under single signature.
11. Accounts And Audit :

i. The Trustee shall keep proper books of account of all the assets, liabilities and income &
expenditure of the Trust and shall prepare an Income & Expenditure Account and Balance Sheet
for every year as on the last day of March.

ii. The accounts of every year shall be audited by a Chartered Accountant or a firm of Chartered
Accountants who shall be appointed for that purpose by the Trustees and their audited accounts
shall be placed at a meeting of the Trustees, which shall be held before the end of the succeeding
year.

12. Irrevocable:

This Trust is irrevocable.

13. Winding Up :

In the event of dissolution or winding up of the Trust the assets remaining as on the date of dissolution
shall under no circumstances be distributed amongst the Trustees but the same shall be transferred to
some other similar Trust/Organization whose objects are similar to those of this Trust.

The Trustees shall be indemnified against all losses and liabilities incurred by them in the execution of the
Trust and shall have a lien over the funds and properties of the Trust for such indemnity.

In witness whereof, the Parties hereunto have signed and delivered the presents on the day and year first
here in above written.

Witnesses :

1. 1.

SETTLOR

2.
1.

2.

3.

TRUSTEES