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| Exchange Disseminated Time | Rashtriya Chemicals and Fertilizers Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 26, 2014, has approved the following :
1. Conduct of Postal Ballot seeking approval of the shareholders on the following proposals
(a) Enhancement of the borrowing power for the purpose of business of the Company pursuant to the provisions of Section 180 (1) (c) of the Companies Act, 2013.
(b) Authorization to the Board of Directors for mortgaging and/or creating charge on the assets of the Company for securing borrowings for the purpose of the Company pursuant to the provisions of Section 180 (1) (a) of the Companies Act, 2013.
2. Appointment of Shri B. V. Dholakia, Company Secretary in Practice of M/s. Dholakia & Associates as Scrutinizer for conducting the Postal Ballot process in fair and transparent manner. |
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