Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

• Security Code: 507410
• Company: WALCHANNAG

Sub: Submission of Notice of Postal Ballot.

Please find enclosed herewith the Notice of Postal Ballot for seeking approval of the Members of the Company to the below special resolutions, by way of Postal Ballot.
1) Approval for raising of funds by way of issue of securities by way of public and/ or private placement, through Qualified Institutional Placement (QIP)/ Rights Issue or through any other permissible mode under applicable laws and/ or combination thereof.
2) Approval for continuation of Mr. Dilip J. Thakkar as Director.
3) Approval for continuation of Dr. Anil Kakodkar as Director.
4) Approval for continuation of Mr. A. R. Gandhi as Director.

This is for your information and record.