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| Exchange Disseminated Time | With reference to the earlier announcement dated May 19, 2011 regarding Postal Ballot, Birla Corporation Ltd has now informed BSE that the Company Law Board (CLB), Principal Bench, New Delhi vide its Order dated June 17, 2011 has given certain directions, including restraining the Company from further proceeding with the voting through Postal Ballot in respect of Special Resolutions seeking amendment to the Object Clause of the Memorandum of Association of the Company.
The Company is in the process of filing an appeal against the above order of CLB in the Hon'ble High Court at Calcutta. |
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