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Coral India Finance & Housing Ltd. - Result Of Postal Ballot

| Updated on March 29, 2019 Published on March 29, 2019

This is in continuation and reference to our earlier intimation(s) dated February 12, 2019, February 26, 2019 and March 20, 2019 with regard to Postal Ballot of Coral India Finance and Housing Limited.

Pursuant to Section 110 of the Companies Act, 2013 ("the Act"), read with Rule 22 of the Companies
(Management and Administration) Rules, 2014 and Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR"), consent of the Members of the Company was sought for payment of remuneration to non-executive director by way of Special Resolution and approval of related party transaction by way of Ordinary Resolution as set out in the Postal Ballot Notice dated February 12, 2019 by means of Physical Ballot Forms and voting through electronic means (E-voting).

In this regard, Mrs. Uma Lodha, Proprietor of M/s Uma Lodha & Co., Practicing Company Secretaries, Mumbai was appointed as Scrutinizer for conducting the Postal Ballot and E-voting process in a fair and transparent manner. The Scrutinizer has submitted her report on the E-voting and the physical ballot, a copy of which is attached hereto.

Pursuant to Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the result of the Postal ballot (including E-voting) in respect of the resolutions contained in the Postal Ballot Notice dated February 12, 2019 in the prescribed format along with the Report of the Scrutinizer dated March 28, 2019 and the Results declared by the Company.

All the resolutions contained in the said Notice have been passed with requisite majority effective March 27, 2019.

The above results were announced by the Chairman and Managing Director of the Company today, i.e. on March 29, 2019 at the Registered Office of the Company. Copy of Directors declaration is also attached hereto.

Pdf Link: Coral India Finance & Housing Ltd. - Result Of Postal Ballot

Source : BSE - www.bseindia.com

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Published on March 29, 2019
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