Result of Postal Ballot - September 3, 2010

 

Pursuant to the Notice dated 12th July, 2010 issued by the Company along with the Postal Ballots Form under Section 192A of the Companies Act, 1956 read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001, the Company had sought assent / dissent of the Members to the Resolutions mentioned in the said Notice.

The results of following resolutions are as under:

Resolution No.1

Result of the voting conducted through Postal Ballot on the Ordinary Resolution under Section 293 (1) (a) of the Companies Act, 1956.

 

 

Number of valid postal ballot from received

 

78

 

Votes in favour of the Resolution

 

73

 

Votes against the Resolution

 

4

 

No votes casted

 

1

 

Number of the invalid postal ballot forms received

 

14

 

The Resolution has therefore been approved by the shareholders with the requisite majority.

Resolution No.2

Result of the voting conducted through Postal Ballot on the Ordinary Resolution under Section 293 (1) (a) of the Companies Act, 1956,for  selling, leasing or otherwise disposal of the whole or substantially the whole of the undertaking of the Company.  

 

Number of valid postal ballot from received

 

78

 

Votes in favour of the Resolution

 

68

 

Votes against the Resolution

 

8

 

No votes casted

 

2

 

Number of the invalid postal ballot forms received

 

14

 

The Resolution has therefore been approved by the shareholders with the requisite majority.

Resolution No.3

Result of the voting conducted through Postal Ballot on the Ordinary Resolution under Section 293(1)( d) of the Companies Act, 1956, for  borrowing of money in excess of paid up capital and free  reserves.

 

Number of valid postal ballot from received

 

78

 

Votes in favour of the Resolution

 

65

 

Votes against the Resolution

 

11

 

No votes casted

 

2

 

Number of the invalid postal ballot forms received

 

14

 

The Resolution has therefore been approved by the shareholders with the requisite majority.

Sd/-

P. L . Soni

Chairman

 

   
Download result of postal ballot September 3,2010 in PDF FORMAT
 

 

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