|
| Exchange Disseminated Time | Zenzy Technocrats Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 12, 2009, inter alia, has transacted the following:
1. The Board has decided that pursuant to the provisions of Section 292 and Section
293(1)(d), and subject to the approval of the Shareholders, the Company increase its borrowing limits to Rs. 500 Crores.
2. The Board has decided that for the purpose of obtaining loan, and finance and other corporate investments, the Company may pass a Resolution under Section 293(1)(a), and subject to the approval of the Shareholders through the mode of a Postal Ballot.
3. To undertake the process of Postal ballot as previously deferred by the Company, and to include the Resolutions under Section 293(1)(a) and Section 293(1)(d), and has decided the Calendar of Events for the process, and authorised Mr. Isaac Nadar and Mr. Ganesh Ramani for the entire process. |
|
|