Details of Votes cast during the quarter ended June 30, Investee Type of meeting. Shareholder Recommen dation Abstain) Grasim Postal

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1 Details of Votes cast during the quarter ended June 30, 2017 Meeting Date Name company s Vote (/ Manageme or Proposal Description Abstain Grasim 8-Apr-17 Industries Approve a Composite Scheme of Arrangeme between Aditya Birla Nuvo Manageme and Grasim Industries and Aditya Birla Financial Services and their respective shareholders and creditors 15-Apr-17 Manageme Buyback of upto 56.1 mn equity shares at Rs per share (face value Rs. 1 through a tender offer, aggregate consideration not to exceed Rs 160 bn Pursua to majority decision amongst PFMs as required by NPS Trust guidelines plans to return part of its cash buildup from operations. A buyback is a tax-efficie way of distributing surplus cash. Zee Approve acquisition of (a the television of Reliance Big Broadcasting 9-May-17 Eertainme Private (RBBPL, (b the undertaking comprising of acquiring Eerprises Manageme coe from producers and third parties of BIG Magic (BML and (c the television broadcasting division of Azalia Broadcast Private (ABPL on a going concern basis HCL 12-May-17 Technologies Manageme Buyback of equity shares upto Rs.35 bn at a price of Rs per share through a tender offer 9-May-17 Kotak Mahindra EGM Manageme To increase ceiling limit on total holdings of FII / FPIs to a maximum of 49% of Bank Ltd the paid-up capital Kotak Mahindra Bank Ltd To issue securities upto 62.0 mn equity shares by way of public issue / private placeme / rights issue or qualified institutions placeme 16-May-17 Motherson Sumi Manageme Creation of charges/ mortgages over shares of MSSL (GB Ltd held by the Systems Ltd company upto Rs.22 bn to secure borrowings to be availed by the company To support manageme proposal for acquisition line with the company s strategic plan to expand its portfolio of general eertainme channels. plans to return part of its cash buildup from operations. A buyback is a tax-efficie way of distributing surplus cash. Increase in FII Shareholding limit would increase FII participation; beneficial to shareholders over long term Support manageme proposal to strengthen the capital of the company 3-Jun-17 Wipro Increase in the equity shares compone of the authorised share capital to Rs. Manageme 11 bn (5.5 bn equity shares of Rs. 2 each and conseque changes to the Memorandum of Association Wipro Issue of one bonus share for every share held Expected to improve liquidity of equity shares 6-Jun-17 a. Adoption of financial statemes for the year ended 31 March 2017; b. AGM Manageme Adoption of consolidated financial statemes for the year ended 31 March Based on Auditors report To declare dividend of Rs 12 on equity shares of face value Rs 10 To reappoi Ajai Kumar (DIN: as non-executive non-independe director To ratify appoime of B.S.R. & Co. LLP.as statutory auditors Reputed audit firm with adequate experience To approve remuneration of Ashok Chawla as Non-Executive Part-Time Chairperson for a period of three years To increase borrowing limits from Rs 500 bn to Rs 700 bn To borrow / raise funds in Indian/foreign currency by issue of debt securities including but not limited to non-convertible debeures, bonds etc. upto Rs 200 bn on private placeme basis To appoi Ms. Debjani Ghosh (DIN: as Independe Director for a period of five years from date of the AGM In order to accommodate the 1:1 bonus issue as proposed by the manageme The director holds necessary experience to add

2 Meeting Date Name company s Vote (/ Manageme or Proposal Description Abstain 13-Jun-17 Mahindra & NCM Manageme Demerge the two-wheeler of Mahindra Two Wheelers Ltd. (MTWL, a Mahindra Ltd 92.25% step-down subsidiary, and merge with Mahindra & Mahindra Ltd. The manageme has proposed demerger of two-wheelers of MTWL and merge with M&M which is in line with its strategy of focusing on niche premium two-wheeler segme. This is because the manageme believes that the two-wheelers would be benefited from the M&M s design & developme and sourcing capabilities. Hence, we support the manageme s strategy. 12-Jun-17 ICICI Bank Ltd Manageme Increase in authorised share capital and conseque alteration to the capital clause of the Memorandum of Association Abstain ICICI Bank Ltd Alteration of Articles of Association Abstain ICICI Bank Ltd Issue of bonus shares, one share for every ten shares held Abstain ICICI Bank Ltd To amend the exercise period of options graed under the Employee Stock Option Scheme to a period not exceeding 10 years from the date of vesting Abstain 20-Jun-17 Sun Pharmaceuticals NCM Manageme Merger of Sun Pharma Medisales Private, Ranbaxy Drugs, Inds Ltd Gufic Pharma and Vidyut Investmes with the company Support manageme's proposal to merge four wholly owned subsidiaries with itself as the manageme believes that it would result in efficiency and optimal utilization of resources 16-Jun-17 AGM Manageme Adoption of standalone & consolidated financial statemes for the year ended Based on Auditors report. 31 March 2017 Confirm payme of ierim dividend of Rs 19.5 and approve final dividend of Rs per equity share of face value Rs. 1 per share Reappoi Aarthi Subramanian as director liable to retire by rotation Appoi B S R & Co. LLP (part of the KPMG network as statutory auditors for a period of five years and to fix their remuneration Reputed audit firm with adequate experience

3 Meeting Date Name company s Vote (/ Manageme or Proposal Description Abstain Appoi N. Chandrasekaran as director liable to retire by rotation Appoi Rajesh Gopinathan as director from 21 February 2017 Appoi Rajesh Gopinathan as Chief Executive Officer and Managing Director from 21 February 2017 for a period of five years and to fix his remuneration Appoi N. Ganapathy Subramaniam as director from 21 February 2017 Appoi N. Ganapathy Subramaniam as Chief Operating Officer and Executive Director from 21 February 2017 for a period of five years and to fix his remuneration Appoi branch auditors 25-Jun-17 Motherson Sumi Manageme Issuance of one equity share of Re. 1.0 each as bonus for every two equity Systems Ltd shares held in the company Expected to improve liquidity of equity shares 30-Jun-17 ICICI Bank Ltd AGM Manageme Adoption of Accous for the year ended 31 March 2017 together with the Reports of the Directors and the Auditors Abstain ICICI Bank Ltd To declare dividend on preference shares aggregating Rs.35,000 Abstain ICICI Bank Ltd To declare dividend of Rs. 2.5 per share on equity shares of face value Rs. 2 Abstain ICICI Bank Ltd To reappoi Vishakha Mulye (DIN: , as director Abstain ICICI Bank Ltd To ratify the appoime of BSR & Co. LLP as statutory auditors of the bank Abstain

4 Meeting Date Name company s Vote (/ Manageme or Proposal Description Abstain ICICI Bank Ltd To authorize the board of directors to appoi branch auditors and fix their remuneration Abstain ICICI Bank Ltd To appoi Anup Bagchi (DIN: as director liable to retire by rotation Abstain ICICI Bank Ltd To appoi Anup Bagchi as Whole Time Director for period of five years effective from 1 February 2017 and fix the terms of remuneration Abstain ICICI Bank Ltd Issuance of bonds and non-convertible debeures up to Rs. 250 billion on private placeme basis Abstain 24-Jun-17 Infosys AGM Manageme Adoption of standalone & consolidated financial statemes for the year ended 31 March 2017 Based on Auditors report Infosys Approve final dividend of Rs per shares of face value Rs 5.0 and to approve ierim dividend of Rs 11.0 per share Infosys Reappoi U B Pravin Rao as director liable to retire by rotation Infosys Appoi Deloitte Haskins & Sells as statutory auditors for a period of five years and to fix their remuneration Reputed audit firm with adequate experience Infosys To authorize the board of directors to appoi branch auditors and fix their remuneration 20-Jun-17 Petronet LNG Manageme Increase authorized share capital and subsequely alter the Memorandum of Ltd Association of the company Abstain Petronet LNG Ltd Issue one equity share as bonus for one equity share of Rs.10 each Abstain 27-Jun-17 Asian Pais Ltd AGM Manageme Adoption of financial statemes for the year ended 31 March 2017 Based on Auditors report Asian Pais Ltd Declare one-time special dividend of Rs. 2.0 per equity share and a final dividend of Rs.5.65 per equity share of face value Re.1.0 each Pursua to majority decision amongst PFMs as required by NPS Trust guidelines Pursua to majority decision amongst PFMs as required by NPS Trust guidelines Asian Pais Ltd Reappoi Abhay Vakil as a Non-Executive Director Based on experience and qualification Asian Pais Ltd Reappoi Ms. Amrita Vakil as a Non-Executive Director Based on experience and qualification Asian Pais Ltd Ratify Deloitte Haskins & Sells LLP as statutory auditors for one year Audit firm with necessary experience Asian Pais Ltd Appoi R Seshasayee (DIN: as an Independe Director for a period of five years upto 22 January 2022 Based on experience and qualification

5 Meeting Date Name company s Vote (/ Manageme or Proposal Description Abstain Asian Pais Ltd Reappoi KBS Anand as Managing Director and CEO for two years from 1 April 2018 and fix his remuneration Asian Pais Ltd Ratify remuneration of Rs. 550,000 (plus service tax and out of pocket expenses for RA & Co, as cost auditors for Jun-17 AGM Manageme Adoption of standalone and consolidated financial statemes for the year ended 31 March 2017 Based on Auditors report Confirm ierim dividend of Rs.4 and declare final dividend of Rs.6 per share of face value Rs.10 each Reappoi Gerrit Lodewyk Van Heerde as Director, retiring by rotation Based on experience and qualification Appoi Haribhakti & Co and Pijush Gupta & Co. as joi statutory auditors for five years and fix remuneration of Rs.5 mn and Rs.3 mn respectively for FY18 Audit firm with necessary experience Reappoi Umesh Revankar as Director not liable to retire by rotation Based on experience and qualification Reappoi Umesh Revankar as the Managing Director & CEO for a three-year term effective 26 October 2016 and revise his remuneration Increase borrowing limit from Rs.750 bn to Rs.900 bn Create charges on the company s assets upto Rs trillion Support manageme proposal to raise debt at favourable terms by offering security / charge Approve private placeme of redeemable Non-Convertible Debeures, Subordinated Debeures, Bonds, or any other Debt Securities of upto Rs.300 bn

6 Meeting Date Name company s Vote (/ Manageme or Proposal Description Abstain 30-Jun-17 Bank of Baroda AGM Manageme Adoption of financial statemes for the year ended 31 March 2017 Bank of Baroda To declare dividend of Rs 1.2 per equity share of face value Rs. 2 each Bank of Baroda To issue equity upto Rs 60 bn through public issue/rights/qip 29-Jun-17 AGM Manageme Adoption of financial statemes for the year ended 31 March 2017 Pay upto 1% of net profit as commission to Independe Directors for five years effective 1 April 2017 Declare dividend of Re. 1.0 per 10% cumulative redeemable preference shares (face value Rs. 10.0, for FY17 Declare final dividend of Rs per equity share (face value Re. 1.0 Reappoi Dr. Vinod Nowal (DIN: as an Executive Director Appoi SRBC & Co. LLP as statutory auditors for a period of five years and fix their remuneration Approve remuneration of Rs.1.5 mn for Shome & Banerjee as cost auditors for FY18 Appoi Sethuraman Mahalingam (DIN: as an Independe Director for five years w.e.f. 27 July 2016 Based on Auditors report. Support manageme proposal to strengthen the capital of the company Based on Auditors report. Support manageme in the normal course of Audit firm with necessary experience Support manageme in the normal course of Based on experience and qualification Reappoi Sajjan Jindal (DIN: as Chairperson & Managing Director for a period of five years w.e.f. 7 July 2017 and fix his remuneration Support manageme in the normal course of Reappoi Seshagiri Rao Metlapalli (DIN: as Joi Managing Director & Group CFO for a period of three years w.e.f. 6 April 2017 and fix his remuneration Reappoi Dr. Vinod Nowal (DIN: as Deputy Managing Director for a period of five years w.e.f. 29 April 2017 and fix his remuneration Support manageme in the normal course of Support manageme in the normal course of To approve non-inclusion of perquisite value for the options graed under the ESOP schemes to Whole-Time Directors, while calculating the overall ceiling on remuneration Support manageme proposal to issue stock option plans / ESOP to provide long term inceives to executives for sustained high performance. Issuance of redeemable non-convertible debeures (NCDs on a private placeme basis aggregating up to Rs bn Issuance of specified securities to Qualified Institutional Buyers (QIB aggregating upto Rs. 80bn Issuance of FCCB/GDR/ADR/Other instrumes convertible in equity shares aggregating upto US$ 1bn 30-Jun-17 Unilever AGM Manageme Adoption of financial statemes for the year ended 31 March 2017 Based on Auditors report. Unilever To confirm ierim dividend of Rs 7 per share and declare a final dividend of Rs 10 per share of face value Re 1.0 each

7 Meeting Date Name company s Vote (/ Manageme or Proposal Description Abstain Unilever Unilever Unilever Unilever Reappoi Harish Manwani as a Non-Executive Non-Independe director Reappoi Pradeep Banerjee as a Whole-time director Reappoi P B Balaji as a Whole-time director Ratify BSR & Co. LLP as statutory auditors for FY18 and fix their remuneration Audit firm with necessary experience Unilever Revise the remuneration structure for CEO/Managing Director and Whole-time Directors Unilever Appoi Dev Bajpai as Whole-time Director w.e.f 23 January 2017 for five years and fix his remuneration Unilever Fix remuneration of Rs 1.1 mn for M/s RA & Co. as cost auditors for FY18 1-Jul-17 Petroleum Corporation Manageme Issue one equity share as bonus for two equity shares of Rs.10 each Expected to improve liquidity of equity shares 30-Jun-17 AGM Manageme Adoption of standalone and consolidated financial statemes for the year ended 31 March 2017 Reappoi Ms. Rajashree Birla as Director, retiring by rotation Reappoi Dr. Shridhir Sariputta Hansa Wijayasuriya as Director Appoi SR Batliboi & Associates as statutory auditors for five years and fix their remuneration Approve remuneration of Rs.1 mn payable to Sanjay Gupta & Associates, Cost auditors for FY18 Approve private placeme of Non-Convertible Securities including Non- Convertible Debeures of upto Rs.100 bn Ratify related party transactions with Indus Towers aggregating Rs.40.6 bn for FY17, and approve transactions upto Rs. 50 bn annually in the future Appoi Mrs. Alka Marezban Bharucha as an Independe Director for five years Appoi Baldev Raj Gupta as an Independe Director for five years Waive recovery of excess remuneration paid to Himanshu Kapania, Managing Director for the period 1 April 2016 to 31 March 2017 Revision in remuneration terms to enable the company to pay Himanshu Kapania, Managing Director a minimum remuneration in case of inadequate profits from 1 April 2017 to 31 March 2019 Based on Auditors report. Audit firm with necessary experience Based on experience and qualification Based on experience and qualification

8 Meeting Date Name company s Vote (/ Manageme or Proposal Description Abstain Revision in remuneration terms to enable the company to pay Akshaya Moondra, Chief Financial Officer a minimum remuneration in case of inadequate profits from 8 July 2016 to 31 March 2019 Alteration of Articles of Association

QUANTUM MUTUAL FUND Details of Votes cast during the Quarter from April 2017 to June 2017, for the Financial year

QUANTUM MUTUAL FUND Details of Votes cast during the Quarter from April 2017 to June 2017, for the Financial year (/EGM/CCM/ or Apr-Jun 17 6-Apr-17 Grasim Industries Apr-Jun 17 15-Apr-17 Tata Consultancy Services Apr-Jun 17 8-May-17 Tata Chemicals Apr-Jun 17 9-May-17 Zee Entertainment Enterprises NCLT-CM Approve a