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| Exchange Disseminated Time | BF Utilities Ltd has informed BSE that the Company is seeking approval of the Members under Section 372A, 293(1)(a) of the Companies Act, 1956, for providing security in connection with term loan facility given by Axis Bank Ltd. to Nandi Highway Developers Ltd.
The aforesaid resolution is proposed to be passed through Postal Ballot under Section 192A of the Companies Act, 1956 read with Companies (Passing of Resolution by Postal Ballot) Rules, 2001.
The Company has decided June 18, 2010 as the CUT OFF DATE for ascertaining the list of shareholders to whom the notice along with the Postal Ballot form will be sent. |
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