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| Exchange Disseminated Time | Aplab Ltd has informed BSE that the members of the Company, by way of Postal Ballot, have approved the following resolutions, with requisite majority:
1. Ordinary Resolution under Section 293(1)(d) for increase in authority to the Board in Borrowing Powers.
2. Ordinary Resolution under Section 293(1)(a) for authorizing the Board to create, lien / charge / pledge / mortgage / hypothecation etc. to secure Borrowings etc. by assets of the Company.
3. Special Resolution under Section 198, 269, 309, 310, 311 and other applicable provisions to approve the appointment of Mr. Nishith P. Deodhar as Managing Director for a period of 3 years and the remuneration payable to him. |
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