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Exchange Disseminated Time | Usha Martin Ltd has informed BSE that the Board of Directors of the Company approved obtaining consent of shareholders by means of a special resolution for the limit of borrowing power under Section 180(1)(c) and limit for creation of security under Section 180(1)(a) of the Companies Act, 2013 in line with the requirement of the General Circular No.4 dated March 25, 2014 issued by the Ministry of Corporate Affairs. The postal ballot formalities for obtaining shareholders approval are under process. |
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