Results

Results Of Postal Ballot Voting (Including E-Voting)

| Updated on February 01, 2018

We wish to inform you that, the members of Welspun Enterprises Limited (formerly known as Welspun Projects Limited) (the Company) have approved through Postal ballot Voting (including e-voting) process, the following special businesses stated in the Postal Ballot Notice dated July 25, 2017:

1) Special Resolution, as given in item no.1 in postal ballot notice dated 25th July, 2017 for alteration of object clause of Memorandum of Association
2) Special Resolution, as given in item no.2 in postal ballot notice dated 25th July, 2017 under Section 180(1)(a) of the Companies Act, 2013 authorizing Board of Directors to mortgage, hypothecate, pledge and/or charge or create any security interest of the Company to secure borrowings.
3) Special Resolution, as given in item no.3 in postal ballot notice dated 25th July, 2017 under Section 180 (1)(c) of the Companies Act, 2013 authorizing borrowing (apart from temporary loans (including working capital facilities obtained from the Companys banker in the ordinary course of business) not exceeding Rs. 2,500 crore.
4) Special Resolution, as given in item no.4 in postal ballot notice dated 25th July, 2017 under Section 186 of the Companies Act, 2013 authorizing to acquire by way of subscription, purchase or otherwise the securities of any other body corporate, upto an aggregate amount not exceeding Rs. 2500 crore.

Please note that for the purpose of disclosure, invalid votes have not been considered.

Request you to please take note of the same and update your records.

Pdf Link: Results Of Postal Ballot Voting (Including E-Voting)

Source : BSE - www.bseindia.com

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Published on September 06, 2017
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