Annexure B – Undertaking from the Transferee/Applicant Company This undertaking is a formal declaration by the transferee/applicant company confirming that it will comply with the applicable laws, regulations and conditions prescribed by the Stock Exchange(s) in relation to the proposed transaction. It also confirms the accuracy of information and documents submitted with the application.

Annexure B

Undertaking

(to be provided by transferor and transferee)

1. Transferee/ Applicant Company will satisfy all the financial and other norms under the SEBI Act, 1992 and SEBI (Stock Brokers) Rules and Regulations, 2026.

2. Transferee / Applicant Company will honour all the rights/ liabilities including any SEBI action to be taken against the Transferor Company as well as liabilities, in respect of fees under SEBI (Stock Brokers) Regulations, 2026, etc.

3. The outgoing broker has submitted an undertaking to the Exchange that he/it has __(no. of) authorized persons on the concerned Exchange and he / it is not an authorized person of the subsidiary of the concerned Exchange.

(To be Stamped & Signed by authorised signatories)

Date: