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| Exchange Disseminated Time | Quadrant Televentures Ltd has informed BSE that the Board of Directors transacted the following business on August 07, 2014:
The Board has proposed in terms of the provisions of Section 110 of the Companies Act 2013, read with the Companies (Management and Administration) Rules 2014, to transact the following special business through Postal Ballot
1. Special Resolution under Section 180(1)(c) of the Companies Act, 2013, for authorizing the Board of Director of the Company to borrow money/moneys upto an amount not exceeding Rs. 5,000 Crores.
2. Special Resolution under Section 180(1)(a) of the Companies Act, 2013 for authorizing the Board of Directors to sell, lease, mortgage or otherwise dispose off the whole or substantially the whole of the undertaking of the Company upto an amount not exceeding Rs. 5,000 Crores.
3. Special Resolution under Section 186 of the Companies Act, 2013, for authorizing the Board of Directors to make investments, extend guarantee, provide security and make inter-corporate loans upto an amount not exceeding Rs. 500 Crores.
Accordingly, the Board of Directors have,
A) Appointed Mrs. Kanchan A. Kakade, Company Secretary in whole time practice, as Scrutinizer to conduct the Postal Ballot and e-voting process in fair and transparent manner.
B) Fixed August 04, 2014, as the Cut-off date/entitlement date for identifying the shareholders’ entitled to participate though postal ballot, and
C) Approved the notice of Postal Ballot. |
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