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Exchange Received Time  31/07/2017 17:55:51 Exchange Disseminated Time 31/07/2017 17:55:54 Time Taken 00:00:03 | We write to inform you that the Company conducted a Postal Ballot for issue of securities on QIP basis, which concluded on July 26, 2017 and the result of which was scheduled to be declared on July 28, 2017. However, during the course of scrutiny of the votes, it was noticed that the e-voting module was not activated, as a result of which, the votes cast by shareholders through e-voting could not be registered in the e-voting module. Hence the declaration of the result of the Postal Ballot was withheld, pending seeking of legal advise in the matter. Accordingly, it has been decided to cancel the result of the Postal Ballot and withdraw the earlier Postal Ballot Notice and seek fresh approval of the shareholders through another Postal Ballot process for issue of securities on QIP basis. |
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