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The Company had sought approval of the Shareholders by way of Special Resolution through Postal Ballot for approval for sale, transfer or disposal of the shares held by the Company in Locuz Enterprise Solutions Limited, one of the material subsidiaries of the Company. Voting on the Postal Ballot has concluded on July 24, 2019 (deemed date of passing of resolutions).Mr. Avinash Bagul, Partner, BNP & Associates, Company Secretaries, the Scrutinizer appointed for the Postal Ballot has submitted his report in this regard dated July 24, 2019. Upon perusal of the report received from Scrutinizer, the Managing Director and Global CEO of the Company, vide authority given by the Chairman of the Company, has declared today the said Special Resolution as passed with 99.772% majority. In this regard, please find enclosed herewith the following: 1. Results of voting for Postal Ballot as per Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; 2. Scrutinizers Report dated July 24, 2019 and 3. Certified copy of the Resolution passed by the Shareholders through Postal Ballot. Request you to take this on record.
Source : BSE - www.bseindia.com
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