Result of Postal Ballot

LS Industries Ltd has informed BSE that Chairman announced in the meeting the results of item given in the postal ballot Notice dated June 09, 2011, passed by special resolution thru postal ballots as given below:

Item : To issue guarantee upto S$ 5,200,000 (5.2 millions Singapore Dollars) to DBS Bank Ltd, Singapore for and on behalf of Ezy Infotech Pte Ltd., Singapore, chain subsidiary u/s 372A of the Companies Act, 1956 in excess of limits.

Source : BSE - >www.bseindia.com

Published on July 20, 2011
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