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| Exchange Received Time 30/03/2017 18:18:26 Exchange Disseminated Time 30/03/2017 18:18:33 Time Taken 00:00:07 | | We refer to our postal ballot notice dated February 22, 2017 sent to shareholders of the Company seeking their approval of the various items specified in the said notice. Mr. Sudhindra K. S, Company Secretary in Practise was appointed as the Scrutinizer for the postal ballot process. The scrutinizer has submitted his report on March 30, 2017. Accordingly, the special resolution and ordinary resolution submitted to the shareholders were declared passed with requisite majority today i.e March 30, 2017. With the passing of the resolutions, a. the re-appointment and remuneration to be paid to Mr. L.S. Vaidyanathan as Whole-time Director for a term of three years with effect from 1st April, 2017 is approved. b. the authorised capital of the company is restored status quo ante i.e Rs. 150 Crs. We hereby enclose the announcement of postal ballot results along with the Scrutinizer's Report. Request you to take this on record. |
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