Others

Postal Ballot-08.03.2018

| Updated on March 10, 2018 Published on March 10, 2018

(i) Further to our letter dated 29th Jan 2018 and 8th March 2018 and in accordance with the Regulation 44 (3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the voting results and Scrutinizers Report for the Ordinary/ Special resolutions, as set out in the Notice of Postal Ballot dated 29th Jan 2018, as detailed below:
S
no. Subject matter of Resolution Type of Resolution Mode of Voting Results of Voting
Special Business:
1. Approval for sub-division of Companys equity shares of face value of Rs.10 each into 2 equity shares of face value of Rs.5 each Ordinary resolution Postal Ballot & e-Voting The resolution was passed with requisite majority
2. Approval for alteration of the capital clause in Memorandum of Association of the Company
Ordinary resolution Postal Ballot & e-Voting The resolution was passed with requisite majority
3. Approval for alteration of Article 3 of the Articles of Association of the Company Special resolution Postal Ballot & e-Voting The resolution was passed with requisite majority
4. Re-appointment of Managing Director for a period of 5 years from 01.04.2018 Special resolution Postal Ballot & e-Voting The resolution was passed with requisite majority

(ii) We wish to inform you that the shareholders of the Company have approved all the items of business as detailed in the Postal Ballot Notice dated 29th Jan 2018.
(iii) All the resolutions were passed by the shareholders with requisite majority.

(iv) We further wish to inform you that the sub-division of face value of shares of the company as per the aforesaid resolutions does not involve any fractional entitlements.

(v) In this connection, we enclose the following:
Voting results in compliance with Regulation 44 (3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Annexure 1
Scrutinizers Report in compliance with Rule 20 of the Companies (Management and Administration) Rules, 2014 - Annexure 2

(vi) The said results declared by the Chairman and the report submitted by the Scrutinizer are also being uploaded on the Companys website and are being advised to the Depository viz., National Securities Depository Ltd., to publish the same on their website.

This is for your reference and records please.

Pdf Link: Postal Ballot-08.03.2018

Source : BSE - www.bseindia.com

Published on March 10, 2018
This article is closed for comments.
Please Email the Editor