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| Exchange Disseminated Time | Revathi Equipment Ltd has informed BSE that the members of the Company will consider to approve the following Special Resolution by way of Postal Ballot:
1. To alter the Memorandum of Association of the Company by adding the following new clause 71 after the existing clause 70 and be numbered accordingly in clause (c) of the Memorandum of Association under OTHER OBJECTS:
"71. To promote the cause of education by establishing and managing / operating schools, colleges and educational Institutions in India and elsewhere, singly or in collaboration with other Institutions, whether in affiliation with or recognized by accredited universities in Indian or abroad, and to provide training classes / facilities to Students, Teachers and faculty and also to establish fellowships and exhibitions in India and abroad and to establish or acquire assets of other educational institutions or hostels or boarding houses in connection with the educational Institutions described above."
2. To approve the commencement of new business as enumerated in the newly introduced sub-clause 71 of Object clause III(C) of the Memorandum of Association of the Company as amended upon the said sub-clause becoming effective”.
The Board of Directors has appointed Mr. M D Selvaraj, FCS, Practising Company Secretary, as the Scrutinizer for conducting the Postal Ballot process in a fair and transparent manner.
The Postal Ballot form duly completed should reach the scrutinizer on or before Jun 27, 2009. The scrutinizer will submit his report to the Chairman / Managing Director after completion of the scrutiny and the results of the postal ballot will be announced by the Managing Director or in his absence by any other person authorized by the Managing Director on July 01, 2009. |
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